NuScale Power Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	18.67	31.48	37.05	22.81	11.8	2.86
Revenue Growth (YoY)	-61.93%	-15.02%	62.41%	93.24%	312.44%	377.00%
Cost of Revenue	14.22	20.05	4.94	18.96	7.32	1.77
Gross Profit	4.45	11.43	32.11	3.85	4.49	1.09
Selling, General & Admin	611.4	609.83	75.9	65.4	55.31	38.73
Research & Development	49.21	45.53	46.82	156.05	127.66	94.39
Other Operating Expenses	55.61	45.65	48.12	57.96	51.51	42.28
Total Operating Expenses	716.22	701	170.83	279.41	234.48	175.39
Operating Income	-711.77	-689.57	-138.73	-275.57	-230	-174.3
Interest Income	30.93	25.3	8.39	10.79	3.76	-
Interest Expense	-	-	-	-	-	1.72
Other Non-Operating Income (Expense)	0.09	0.15	229.88	37.4	60.37	73.52
Total Non-Operating Income (Expense)	31.02	25.45	238.27	48.2	64.13	75.24
Pretax Income	-680.75	-664.12	99.55	-227.37	-165.87	-99.06
Provision for Income Taxes	-	0.34	1.94	-	-	-
Net Income	-385.8	-355.79	-136.62	-58.36	-25.91	-102.49
Minority Interest in Earnings	-294.95	-308.67	-211.76	-121.75	-84.5	-
Net Income to Common	-385.8	-355.79	-136.62	-58.36	-25.91	-102.49
Shares Outstanding (Basic)	166	164	93	73	51	23
Shares Outstanding (Diluted)	166	164	93	73	51	23
Shares Change (YoY)	57.78%	75.58%	27.07%	44.56%	120.71%	-
EPS (Basic)	-2.92	-2.17	-1.47	-0.80	-0.51	0.11
EPS (Diluted)	-2.92	-2.17	-1.47	-0.80	-0.51	0.11
Shares Outstanding	323.74	318.48	122.84	76.9	69.35	23
Free Cash Flow	-753.39	-460.12	-108.71	-184.98	-150.94	-101.11
Free Cash Flow Per Share	-4.54	-2.81	-1.17	-2.52	-2.97	-4.40
Gross Margin	23.84%	36.31%	86.67%	16.87%	38.01%	38.16%
Operating Margin	-3812.57%	-2190.57%	-374.48%	-1208.09%	-1948.45%	-6090.15%
Profit Margin	-3646.43%	-2110.81%	-940.44%	-789.63%	-1199.36%	-3581.17%
FCF Margin	-4035.52%	-1461.67%	-293.45%	-810.96%	-1278.73%	-3532.98%
EBITDA	-710.59	-688.39	-136.88	-273.01	-227.3	-172.11
EBITDA Margin	-3806.24%	-2186.82%	-369.50%	-1196.88%	-1925.59%	-6013.45%
EBIT	-711.77	-689.57	-138.73	-275.57	-230	-174.3
EBIT Margin	-3812.57%	-2190.57%	-374.48%	-1208.09%	-1948.45%	-6090.15%
Effective Tax Rate	-	-0.05%	1.94%	0.00%	0.00%	0.00%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q