SMR NuScale Power Corporation Class A Common Stock
SMR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
SMR Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
SMR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 1 4.3%
- Buy 9 39.1%
- Hold 11 47.8%
- Sell 1 4.3%
- Strong Sell 1 4.3%
12-Month Price Target
15 analysts · 2026-08-14Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $-0.13 | $-0.13 | -0.00% |
| March 31, 2026 | $-0.14 | $-0.13 | -0.01% |
| Dec. 31, 2025 | $-0.31 | $-0.12 | -0.19% |
| Sept. 30, 2025 | $-1.85 | $-0.14 | -1.7% |
| June 30, 2025 | $-0.13 | $-0.11 | -0.02% |
| March 31, 2025 | $-0.11 | $-0.15 | 0.04% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| SMR | — | -6.5 | -15.0% | -1130.3% | -39.8% | 36.3% |
| GEV | $176.16B | 36.9 | 9.0% | 12.8% | 47.1% | 19.8% |
| BE | — | -234.8 | 37.3% | -4.3% | -13.1% | 29.0% |
| FPS | — | — | — | — | — | — |
| XE | — | — | — | — | — | — |
| EROC | — | — | — | — | — | — |
| BW | $827M | -13.2 | 1.1% | -6.2% | 17.4% | — |
| NNE | $1.61B | -36.4 | — | — | -22.6% | — |
| PSIX | — | 11.6 | 51.8% | — | — | — |
| NRGV | $779M | -7.1 | 340.9% | -50.9% | -131.3% | 23.6% |
| NPWR | — | -0.3 | — | — | -134.6% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $31M | $37M | $23M | $12M | $3M | $600.0K | |
| Cost of Revenue | $20M | $5M | $19M | $7M | $2M | $355.0K | |
| Gross Profit | $11M | $32M | $4M | $4M | $1M | $245.0K | |
| R&D Expense | $46M | $47M | $156M | $128M | $94M | $95M | |
| SG&A Expense | $610M | $76M | $65M | $55M | $39M | $37M | |
| Operating Income | $-690M | $-139M | $-276M | $-230M | $-174M | $-159M | |
| Interest Income | · | · | · | · | $19.0K | · | |
| Pretax Income | $-664M | $-346M | $-180M | $-142M | $-102M | $-88M | |
| Income Tax | $322.0K | $2M | $0 | $0 | $0 | $0 | |
| Net Income | $-356M | $-137M | $-58M | $-26M | $-102M | $-88M | |
| EPS (Basic) | $-2.17 | $-1.47 | $-0.80 | $-0.51 | $0.00 | $0.00 | |
| EPS (Diluted) | $-2.17 | $-1.47 | $-0.80 | $-0.51 | $0.00 | $0.00 | |
| Shares (Basic) | 163,731,673 | 93,249,872 | 73,386,018 | 50,763,844 | 0 | 0 | |
| Shares (Diluted) | 163,731,673 | 93,249,872 | 73,386,018 | 50,763,844 | 0 | 0 | |
| EBITDA | $-690M | $-139M | $-276M | $-230M | $-1M | · |
Balance Sheet 24
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $836M | $402M | $120M | $218M | $77M | $2M | |
| Short-term Investments | $418M | $40M | $0 | $50M | $0 | · | |
| Receivables | · | · | · | $11M | $5M | · | |
| Prepaid Expense | $5M | $3M | $19M | $6M | $4M | $237.1K | |
| Current Assets | $1.27B | $471M | $155M | $284M | $86M | $2M | |
| PP&E (Net) | $2M | $2M | $4M | $5M | $5M | · | |
| PP&E (Gross) | · | · | $25M | · | · | · | |
| Accum. Depreciation | $17M | $18M | $21M | $19M | $21M | · | |
| Goodwill | $8M | $8M | $8M | $8M | $8M | · | |
| Intangibles | $527.0K | $704.0K | $882.0K | $1M | $1M | · | |
| Other Non-current Assets | $16M | $2M | $4M | $7M | $4M | · | |
| Total Assets | $1.41B | $545M | $225M | $349M | $121M | $234M | |
| Accounts Payable | $287M | $48M | $45M | $28M | $22M | $0 | |
| Accrued Liabilities | · | · | · | · | $40.0K | $49.9K | |
| Short-term Debt | · | · | · | · | $0 | $0 | |
| Current Liabilities | $296M | $90M | $87M | $39M | $48M | $49.9K | |
| Capital Leases | $1M | · | $1M | $3M | $211.0K | · | |
| Other Non-current Liabilities | $3M | $2M | $1M | $3M | $3M | · | |
| Total Liabilities | $299M | $92M | $96M | $72M | $53M | $42M | |
| Total Debt | · | · | · | · | $0 | · | |
| Paid-in Capital | $1.90B | $996M | $334M | $297M | $0 | $18M | |
| Retained Earnings | $-733M | $-377M | $-240M | $-182M | $-782M | $-40M | |
| Stockholders' Equity | $1.17B | $619M | $93M | $115M | $66M | $-40M | |
| Liabilities + Equity | $1.41B | $545M | $225M | $349M | $121M | $234M |
Cash Flow 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Stock-based Comp | $19M | $14M | $16M | $9M | $6M | $4M | |
| Deferred Tax | · | · | $0 | $0 | · | · | |
| Amort. of Intangibles | $177.0K | $177.0K | $177.0K | $177.0K | $177.0K | $178.0K | |
| Operating Cash Flow | $-460M | $-109M | $-183M | $-149M | $-99M | $-47M | |
| CapEx | $508.0K | $44.0K | $2M | $2M | $2M | $4M | |
| Investing Cash Flow | $-411M | $-40M | $48M | $-52M | $-2M | $-4M | |
| Debt Issued | · | · | · | $0 | $0 | $23M | |
| Net Debt Issued | · | · | · | $0 | · | · | |
| Stock Repurchased | · | $0 | $0 | $566.0K | $17.0K | $49.0K | |
| Net Stock Activity | · | $0 | $0 | $-566.0K | · | · | |
| Financing Cash Flow | $1.31B | $430M | $16M | $368M | $173M | $38M | |
| Net Change in Cash | $435M | $281M | $-119M | $167M | $72M | $-12M | |
| Taxes Paid | $322.0K | $2M | $0 | · | · | · | |
| Free Cash Flow | $-460M | $-109M | $-185M | $-151M | · | · |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 36.3% | 86.7% | 16.9% | 38.0% | · | · | |
| Operating Margin | -2190.6% | -374.5% | -1208.1% | -1948.5% | · | · | |
| Net Margin | -1130.3% | -368.8% | -255.9% | -219.5% | · | · | |
| Pretax Margin | -2109.7% | -935.2% | -789.6% | -1199.4% | · | · | |
| EBITDA Margin | -2190.6% | -374.5% | -1208.1% | -1948.5% | · | · | |
| ROA | -36.4% | -35.5% | -20.3% | -11.0% | 1.4% | · | |
| ROE | -39.8% | -38.4% | -56.1% | -28.6% | -8.9% | · | |
| ROIC | -59.0% | -22.6% | -294.9% | -200.6% | · | · |
Liquidity & Solvency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 4.3 | 5.3 | 1.8 | 7.4 | 3.1 | 42.9 | |
| Quick Ratio | 4.2 | 4.9 | 1.4 | 7.2 | 2.9 | 38.2 | |
| Debt / Equity | · | · | · | · | 0.0 | · |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.1 | 0.1 | 0.1 | · | · | |
| Receivables Turnover | · | · | · | 1.5 | · | · |
Growth Rates 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue YoY | -15.0% | 62.4% | 93.2% | 312.4% | 377.0% | · | |
| Revenue CAGR 3Y | 38.7% | 134.8% | 236.2% | · | · | · | |
| Revenue CAGR 5Y | 120.8% | · | · | · | · | · |
Valuation (TTM) 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue TTM | $31M | $37M | $23M | $12M | $3M | $600.0K | |
| Net Income TTM | $-356M | $-137M | $-58M | $-26M | $-102M | $-88M | |
| P/E | -6.5 | -12.2 | -4.1 | -20.1 | · | · | |
| Earnings Yield | -15.3% | -8.2% | -24.3% | -5.0% | · | · |
Income Statement 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $75.0K | $565.0K | $2M | $8M | $8M | $13M | $34M | $475.0K | $967.0K | $1M | $5M | $7M | $6M | $6M | $3M | $3M | |
| Cost of Revenue | $227.0K | $544.0K | $2M | $6M | $6M | $6M | $3M | $295.0K | $850.0K | $735.0K | $4M | $6M | $6M | $3M | $3M | $2M | |
| Gross Profit | $-152.0K | $21.0K | $-61.0K | $3M | $2M | $7M | $31M | $180.0K | $117.0K | $644.0K | $720.0K | $1M | $30.0K | $2M | $814.0K | $1M | |
| R&D Expense | $18M | $13M | $14M | $11M | $12M | $9M | $9M | $12M | $12M | $13M | $38M | $64M | $27M | $28M | $38M | $35M | |
| SG&A Expense | $27M | $25M | $45M | $519M | $23M | $23M | $23M | $17M | $17M | $19M | $18M | $16M | $16M | $15M | $16M | $16M | |
| Operating Income | $-64M | $-58M | $-73M | $-538M | $-43M | $-35M | $-12M | $-41M | $-42M | $-44M | $-71M | $-93M | $-56M | $-55M | $-67M | $-66M | |
| Pretax Income | $-50M | $-47M | $-64M | $-533M | $-38M | $-30M | $-178M | $-46M | $-74M | $-48M | $-56M | $-58M | $-30M | $-36M | $-47M | $-50M | |
| Income Tax | · | · | · | · | · | · | $2M | $12.0K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Net Income | $-48M | $-44M | $-51M | $-273M | $-18M | $-14M | $-75M | $-17M | $-28M | $-17M | $-19M | $-19M | $-10M | $-11M | $3M | $-11M | |
| EPS (Basic) | $-0.13 | $-0.14 | $-0.08 | $-1.85 | $-0.13 | $-0.11 | $-0.77 | $-0.18 | $-0.31 | $-0.21 | $-0.25 | $-0.26 | $-0.13 | $-0.16 | $-0.22 | $-0.23 | |
| EPS (Diluted) | $-0.13 | $-0.14 | $-0.08 | $-1.85 | $-0.13 | $-0.11 | $-0.77 | $-0.18 | $-0.31 | $-0.21 | $-0.25 | $-0.26 | $-0.13 | $-0.16 | $-0.22 | $-0.23 | |
| Shares (Basic) | 364,523,356 | 319,712,720 | -245,089,909 | 147,685,584 | 133,417,743 | 127,718,255 | -171,086,369 | 95,197,500 | 89,553,679 | 79,585,062 | -143,260,509 | 74,836,884 | 72,125,375 | 69,684,268 | -37,682,060 | 46,417,563 | |
| Shares (Diluted) | 364,523,356 | 319,712,720 | -245,089,909 | 147,685,584 | 133,417,743 | 127,718,255 | -171,086,369 | 95,197,500 | 89,553,679 | 79,585,062 | -143,260,509 | 74,836,884 | 72,125,375 | 69,684,268 | -37,682,060 | 46,417,563 | |
| EBITDA | $-64M | $-57M | · | $-538M | $-43M | $-35M | · | $-41M | $-42M | $-44M | · | $-93M | $-56M | $-55M | · | $-66M |
Balance Sheet 21
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $766M | $341M | $836M | $408M | $298M | $491M | $402M | $112M | $131M | $132M | · | $117M | $154M | $218M | · | $269M | |
| Short-term Investments | $306M | $549M | $418M | $284M | $123M | $30M | $40M | $45M | · | · | · | $0 | $0 | $0 | · | $50M | |
| Receivables | · | · | · | · | · | · | · | · | · | · | · | · | · | $21M | · | $23M | |
| Prepaid Expense | $11M | $5M | $5M | $8M | $4M | $4M | $3M | $11M | $12M | $15M | · | $21M | $9M | $7M | · | $6M | |
| Current Assets | $1.10B | $908M | $1.27B | $720M | $443M | $543M | $471M | $181M | $156M | $157M | · | $159M | $188M | $246M | · | $348M | |
| PP&E (Net) | $3M | $3M | $2M | $2M | $2M | $2M | $2M | $3M | $3M | $4M | · | $5M | $5M | $5M | · | $5M | |
| PP&E (Gross) | · | · | · | · | · | · | · | · | · | $25M | · | · | · | · | · | · | |
| Accum. Depreciation | $17M | $17M | $17M | $19M | $18M | $18M | $18M | $22M | $21M | $21M | · | $21M | $20M | $20M | · | $23M | |
| Goodwill | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | · | $8M | $8M | $8M | · | $8M | |
| Intangibles | $438.0K | $483.0K | $527.0K | $571.0K | $616.0K | $660.0K | $704.0K | $749.0K | $793.0K | $837.0K | · | $926.0K | $970.0K | $1M | · | $1M | |
| Other Non-current Assets | $30M | $27M | $16M | $10M | $3M | $2M | $2M | $2M | $3M | $3M | · | $9M | $6M | $5M | · | $6M | |
| Total Assets | $2.05B | $1.15B | $1.41B | $883M | $606M | $618M | $545M | $253M | $229M | $230M | · | $309M | $309M | $332M | · | $404M | |
| Accounts Payable | $20M | $22M | $287M | $403M | $65M | $48M | $48M | $18M | $19M | $46M | · | $36M | $28M | $44M | · | $32M | |
| Current Liabilities | $29M | $31M | $296M | $446M | $105M | $87M | $90M | $81M | $59M | $85M | · | $81M | $36M | $52M | · | $42M | |
| Capital Leases | $6M | $5M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Other Non-current Liabilities | $6M | $7M | $3M | $2M | $2M | $1M | $2M | $238.0K | $647.0K | $1M | · | $2M | $2M | $2M | · | $3M | |
| Total Liabilities | $36M | $38M | $299M | $448M | $108M | $89M | $92M | $163M | $136M | $101M | · | $129M | $85M | $86M | · | $85M | |
| Paid-in Capital | $2.89B | $1.94B | $1.90B | $1.51B | $1.10B | $1.10B | $996M | $462M | $421M | $382M | · | $328M | $313M | $302M | · | $272M | |
| Retained Earnings | $-824M | $-777M | $-733M | $-682M | $-409M | $-391M | $-377M | $-302M | $-285M | $-257M | · | $-222M | $-203M | $-193M | · | $-169M | |
| Stockholders' Equity | $2.06B | $1.17B | $1.17B | $829M | $693M | $704M | $619M | $160M | $136M | $125M | · | $106M | $110M | $109M | · | $103M | |
| Liabilities + Equity | $2.05B | $1.15B | $1.41B | $883M | $606M | $618M | $545M | $253M | $229M | $230M | · | $309M | $309M | $332M | · | $404M |
Cash Flow 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $334.0K | $309.0K | · | $293.0K | $305.0K | $313.0K | · | · | · | · | · | · | · | · | · | · | |
| Stock-based Comp | $7M | $5M | $5M | $5M | $5M | $4M | $3M | $4M | $4M | $2M | $4M | $4M | $4M | $4M | $4M | $4M | |
| Amort. of Intangibles | · | · | · | · | $45.0K | $44.0K | $44.0K | $44.0K | $45.0K | $44.0K | $44.0K | $44.0K | $45.0K | $44.0K | $44.0K | $44.0K | |
| Restructuring | · | · | · | · | · | · | · | · | · | $3M | · | · | · | · | · | · | |
| Other Non-cash | · | $-276M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Operating Cash Flow | $-58M | $-315M | $-204M | $-200M | $-33M | $-23M | $-26M | $-13M | $-36M | $-33M | $-73M | $-28M | $-39M | $-43M | $-44M | $-41M | |
| CapEx | $431.0K | $2M | $367.0K | $141.0K | $-67.0K | $67.0K | $44.0K | $0 | $0 | $0 | $51.0K | $54.0K | $1M | $351.0K | $588.0K | $163.0K | |
| Investing Cash Flow | $-459M | $-218M | $-105M | $-154M | $-162M | $10M | $5M | $-45M | $195.0K | $0 | $-51.0K | $-54.0K | $-1M | $50M | $-588.0K | $-50M | |
| Debt Issued | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Stock Repurchased | · | · | · | · | · | · | · | · | · | · | · | $0 | $0 | $0 | $0 | $0 | |
| Net Stock Activity | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | · | · | |
| Financing Cash Flow | $947M | $38M | $737M | $464M | $2M | $103M | $311M | $38M | $35M | $45M | $2M | $10M | $3M | $2M | $1M | $28M | |
| Net Change in Cash | $430M | $-495M | $429M | $110M | $-194M | $90M | $290M | $-19M | $-1M | $12M | $-71M | $-18M | $-38M | $8M | $-43M | $-63M | |
| Free Cash Flow | · | $-316M | · | · | · | $-23M | · | · | · | $-33M | · | · | · | $-43M | · | · |
Profitability 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -202.7% | 3.7% | · | 32.9% | 22.1% | 52.3% | · | 37.9% | 12.1% | 46.7% | · | 14.5% | 0.52% | 38.0% | · | 44.9% | |
| Operating Margin | -85337.3% | -10181.2% | · | -6532.9% | -534.9% | -264.1% | · | -8635.6% | -4330.7% | -3188.8% | · | -1336.9% | -968.4% | -1007.7% | · | -2083.8% | |
| Net Margin | -63385.3% | -7790.3% | · | -3316.2% | -219.0% | -104.7% | · | -3675.6% | -2855.9% | -1201.7% | · | -275.1% | -164.3% | -199.1% | · | -337.6% | |
| Pretax Margin | -66750.7% | -8262.8% | · | -6462.6% | -467.0% | -224.7% | · | -9587.8% | -7697.8% | -3486.6% | · | -839.2% | -513.1% | -646.9% | · | -1564.6% | |
| EBITDA Margin | -85337.3% | -10126.6% | · | -6532.9% | -534.9% | -264.1% | · | -8635.6% | -4330.7% | -3188.8% | · | -1336.9% | -968.4% | -1007.7% | · | -2083.8% | |
| ROA | -3.6% | -5.0% | · | -48.1% | -4.2% | -3.3% | · | -6.2% | -10.2% | -5.9% | · | -5.4% | -2.7% | -3.9% | · | -3.4% | |
| ROE | -3.5% | -4.7% | · | -55.3% | -4.2% | -3.4% | · | -13.1% | -22.4% | -14.1% | · | -18.3% | -11.0% | -38.4% | · | -32.7% | |
| ROIC | · | · | · | · | · | · | · | -25.6% | -30.7% | -35.2% | · | -87.7% | -51.0% | -50.7% | · | -64.3% |
Liquidity & Solvency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 37.9 | 29.4 | · | 1.6 | 4.2 | 6.2 | · | 2.2 | 2.7 | 1.8 | · | 2.0 | 5.2 | 4.8 | · | 8.2 | |
| Quick Ratio | 36.9 | 28.8 | · | 1.6 | 4.0 | 6.0 | · | 1.9 | 2.2 | 1.6 | · | 1.4 | 4.3 | 4.6 | · | 8.0 |
Efficiency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | |
| Receivables Turnover | · | · | · | · | · | · | · | · | · | · | · | · | · | 0.5 | · | 0.3 |
Valuation (TTM) 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $17M | $30M | · | $30M | $23M | $16M | · | $10M | $15M | $20M | · | $21M | $17M | $14M | · | $9M | |
| Net Income TTM | $-383M | $-349M | · | $-322M | $-77M | $-76M | · | $-81M | $-73M | $-56M | · | $-50M | $-34M | $-40M | · | $-56M | |
| P/E | -4.5 | -4.9 | · | -15.9 | -54.2 | -17.5 | · | -12.1 | -12.8 | -7.0 | · | -6.3 | -11.7 | -20.2 | · | -40.3 | |
| Earnings Yield | -22.4% | -20.6% | · | -6.3% | -1.8% | -5.7% | · | -8.3% | -7.8% | -14.3% | · | -15.9% | -8.5% | -5.0% | · | -2.5% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $31M | $37M | $23M | $12M | $3M |
| Gross Margin % | 36.3% | 86.7% | 16.9% | 38.0% | — |
| Operating Margin % | -2190.6% | -374.5% | -1208.1% | -1948.5% | — |
| Net Income | $-356M | $-137M | $-58M | $-26M | $-102M |
| Diluted EPS | $-2.17 | $-1.47 | $-0.80 | $-0.51 | $0.00 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | 0.0 |
| Current Ratio | 4.3 | 5.3 | 1.8 | 7.4 | 3.1 |
| Quick Ratio | 4.2 | 4.9 | 1.4 | 7.2 | 2.9 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $-460M | $-109M | $-185M | $-151M | — |
Latest News Recent headlines mentioning this company
- NuScale Power (SMR): The Case for a Long-Term Buy Right Now
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Institutional owners (13F) 584 filers · $1.7B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 106 (-15 vs prior Q) | 68 (-1 vs prior Q) | 227 (+33 vs prior Q) | 106 (-20 vs prior Q) | +46.2M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VAN ECK ASSOCIATES CORP | $200,347,545 | 19,974,830 | 11.70% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $151,974,189 | 15,151,963 | 8.87% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $141,212,671 | 14,079,030 | 8.24% | Shares |
| TWO SIGMA INVESTMENTS, LP | $116,903,171 | 11,655,351 | 6.83% | Shares |
| STATE STREET CORP | $66,827,383 | 6,662,750 | 3.90% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $58,920,884 | 5,873,538 | 3.44% | Shares |
| JANE STREET GROUP, LLC | $55,746,740 | 5,558,000 | 3.25% | Put option |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $42,106,943 | 4,198,100 | 2.46% | Put option |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $39,609,473 | 3,949,100 | 2.31% | Call option |
| JANE STREET GROUP, LLC | $33,268,507 | 3,316,900 | 1.94% | Call option |
| GOLDMAN SACHS GROUP INC | $33,153,247 | 3,305,408 | 1.94% | Shares |
| Toroso Investments, LLC | $29,979,767 | 2,115,721 | 1.75% | Shares |
| Toroso Investments, LLC | $28,932,306 | 2,041,800 | 1.69% | Put option |
| WOLVERINE TRADING, LLC | $26,399,088 | 691,800 | 1.54% | Call option |
| Clear Street Group Inc. | $25,726,218 | 2,564,927 | 1.50% | Shares |
| CAPITAL FUND MANAGEMENT S.A. | $25,321,818 | 2,524,608 | 1.48% | Shares |
| CITADEL ADVISORS LLC | $23,416,038 | 2,334,600 | 1.37% | Put option |
| Greenhouse Funds LLLP | $21,656,906 | 2,159,213 | 1.26% | Shares |
| D. E. Shaw & Co., Inc. | $21,388,975 | 2,132,500 | 1.25% | Call option |
| Cetera Investment Advisers | $20,947,008 | 2,088,436 | 1.22% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $20,808,750 | 2,074,651 | 1.21% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $17,536,803 | 1,748,435 | 1.02% | Shares |
| WOLVERINE TRADING, LLC | $17,416,224 | 456,400 | 1.02% | Put option |
| Korea Investment CORP | $17,034,360 | 1,698,341 | 0.99% | Shares |
| Samsung C&T Corp | $15,905,614 | 1,585,804 | 0.93% | Shares |
| CITADEL ADVISORS LLC | $15,026,946 | 1,498,200 | 0.88% | Call option |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $14,970,000 | 1,492,568 | 0.87% | Shares |
| Trexquant Investment LP | $14,189,662 | 1,414,722 | 0.83% | Shares |
| RPG Investment Advisory, LLC | $14,007,497 | 1,396,560 | 0.82% | Shares |
| Point72 Asset Management, L.P. | $13,181,817 | 1,314,239 | 0.77% | Shares |
| EXCHANGE TRADED CONCEPTS, LLC | $12,288,134 | 1,225,138 | 0.72% | Shares |
| Mirae Asset Global Investments Co., Ltd. | $12,248,465 | 1,221,183 | 0.72% | Shares |
| LPL Financial LLC | $11,190,042 | 1,115,657 | 0.65% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $10,165,164 | 1,013,476 | 0.59% | Shares |
| IMC-Chicago, LLC | $8,920,411 | 889,373 | 0.52% | Shares |
| MILLENNIUM MANAGEMENT LLC | $7,291,710 | 726,990 | 0.43% | Shares |
| BlackRock, Inc. | $6,919,888 | 689,919 | 0.40% | Shares |
| ONCE CAPITAL MANAGEMENT, LLC | $6,820,400 | 680,000 | 0.40% | Shares |
| PEAK6 LLC | $6,318,900 | 630,000 | 0.37% | Put option |
| Swiss National Bank | $6,027,027 | 600,900 | 0.35% | Shares |
| Squarepoint Ops LLC | $5,699,046 | 568,200 | 0.33% | Call option |
| D. E. Shaw & Co., Inc. | $5,622,989 | 560,617 | 0.33% | Shares |
| Defiance ETFs, LLC | $5,187,817 | 511,115 | 0.30% | Shares |
| XTX Topco Ltd | $5,156,242 | 514,082 | 0.30% | Shares |
| RAYMOND JAMES FINANCIAL INC | $5,117,306 | 510,200 | 0.30% | Shares |
| ExodusPoint Capital Management, LP | $4,929,203 | 491,446 | 0.29% | Shares |
| CAPITAL FUND MANAGEMENT S.A. | $4,661,944 | 464,800 | 0.27% | Call option |
| BNP PARIBAS FINANCIAL MARKETS | $4,364,053 | 435,100 | 0.25% | Shares |
| Walleye Trading LLC | $4,350,011 | 433,700 | 0.25% | Put option |
| BANK OF AMERICA CORP /DE/ | $4,313,282 | 430,038 | 0.25% | Shares |
| SIH Partners, LLLP | $4,270,022 | 425,725 | 0.25% | Shares |
| J. Goldman & Co LP | $3,994,949 | 398,300 | 0.23% | Call option |
| UBS Group AG | $3,982,000 | 397,009 | 0.23% | Shares |
| WOLVERINE TRADING, LLC | $3,952,269 | 103,571 | 0.23% | Shares |
| Quantinno Capital Management LP | $3,900,005 | 388,834 | 0.23% | Shares |
| RHUMBLINE ADVISERS | $3,876,893 | 386,531 | 0.23% | Shares |
| Man Group plc | $3,851,640 | 384,012 | 0.22% | Shares |
| ALLIANCEBERNSTEIN L.P. | $3,832,048 | 353,510 | 0.22% | Shares |
| Cubist Systematic Strategies, LLC | $3,823,200 | 106,200 | 0.22% | Call option |
| GROUP ONE TRADING LLC | $3,743,517 | 373,232 | 0.22% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $3,659,827 | 364,888 | 0.21% | Shares |
| Bank of New York Mellon Corp | $3,599,807 | 358,904 | 0.21% | Shares |
| Corient Private Wealth LP | $3,391,373 | 338,123 | 0.20% | Shares |
| Quadrature Capital Ltd | $3,339,819 | 332,983 | 0.19% | Shares |
| Holocene Advisors, LP | $3,249,650 | 323,993 | 0.19% | Shares |
| Baird Financial Group, Inc. | $3,032,581 | 302,351 | 0.18% | Shares |
| Parallax Volatility Advisers, L.P. | $2,988,940 | 298,000 | 0.17% | Put option |
| COMMONWEALTH EQUITY SERVICES, LLC | $2,896,703 | 288,804 | 0.17% | Shares |
| OSAIC HOLDINGS, INC. | $2,759,769 | 275,163 | 0.16% | Shares |
| UBS Group AG | $2,753,817 | 274,558 | 0.16% | Call option |
| JONES FINANCIAL COMPANIES LLLP | $2,713,973 | 268,710 | 0.16% | Shares |
| PineBridge Investments, L.P. | $2,673,216 | 74,256 | 0.16% | Shares |
| D. E. Shaw & Co., Inc. | $2,631,872 | 262,400 | 0.15% | Put option |
| BARCLAYS PLC | $2,550,880 | 254,325 | 0.15% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $2,540,990 | 253,339 | 0.15% | Shares |
| Caption Management, LLC | $2,507,500 | 250,000 | 0.15% | Put option |
| Brevan Howard Capital Management LP | $2,446,217 | 243,890 | 0.14% | Shares |
| TUDOR INVESTMENT CORP ET AL | $2,396,167 | 238,900 | 0.14% | Put option |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $2,323,339 | 231,639 | 0.14% | Shares |
| CAPITAL FUND MANAGEMENT S.A. | $2,302,888 | 229,600 | 0.13% | Put option |
| Balyasny Asset Management L.P. | $2,275,486 | 226,868 | 0.13% | Shares |
| ALPS ADVISORS INC | $2,220,211 | 221,357 | 0.13% | Shares |
| DNB Asset Management AS | $2,196,289 | 218,972 | 0.13% | Shares |
| MILLENNIUM MANAGEMENT LLC | $2,185,537 | 217,900 | 0.13% | Call option |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $2,174,515 | 200,601 | 0.13% | Shares |
| CAZ INVESTMENTS LP | $2,136,390 | 213,000 | 0.12% | Shares |
| Walleye Trading LLC | $2,108,406 | 210,210 | 0.12% | Shares |
| CITIGROUP INC | $2,006,000 | 200,000 | 0.12% | Call option |
| CITIGROUP INC | $2,006,000 | 200,000 | 0.12% | Put option |
| Trask Adam Roland | $1,994,289 | 183,975 | 0.12% | Shares |
| CWA Asset Management Group, LLC | $1,928,338 | 192,257 | 0.11% | Shares |
| SIMPLEX TRADING, LLC | $1,925,228 | 191,947 | 0.11% | Shares |
| Point72 Asset Management, L.P. | $1,915,730 | 191,000 | 0.11% | Call option |
| MetLife Investment Management, LLC | $1,908,248 | 190,254 | 0.11% | Shares |
| CastleKnight Management LP | $1,798,379 | 179,300 | 0.10% | Shares |
| MML INVESTORS SERVICES, LLC | $1,678,260 | 167,324 | 0.10% | Shares |
| Walleye Capital LLC | $1,597,839 | 159,306 | 0.09% | Shares |
| Kestra Advisory Services, LLC | $1,573,226 | 156,852 | 0.09% | Shares |
| Walleye Trading LLC | $1,516,536 | 151,200 | 0.09% | Call option |
| VANGUARD GROUP INC | $1,497,117 | 105,654 | 0.09% | Shares |
Company insiders 13 insiders · 1 officers · 8 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Robert Ramsey Hamady | Chief Financial Officer | June 30, 2026 M | 97,192 | 0 | 1 | $-202,800 |
| Kent Kresa | Director | June 30, 2026 A | 101,609 | 0 | 0 | $0 |
| Alan L Boeckmann | Director | June 30, 2026 A | 92,499 | 0 | 0 | $0 |
| Shinji Fujino | Director | May 29, 2026 A | 28,561 | 0 | 0 | $0 |
| Bum-Jin Chung | Director | May 29, 2026 A | 51,172 | 0 | 0 | $0 |
| Stuart Alan Harshaw | Director | May 29, 2026 A | 17,362 | 0 | 0 | $0 |
| Kimberly O. Warnica | Director | May 29, 2026 A | 56,140 | 0 | 0 | $0 |
| Dale E. Klein | Director | May 29, 2026 A | 17,362 | 0 | 0 | $0 |
| Diana J Walters | Director | May 29, 2026 A | 20,976 | 0 | 0 | $0 |
| Japan Bank for International Cooperation | 10% owner | Nov. 25, 2024 S | — | 0 | 0 | $0 |
| IBK Securities Co., Ltd. | 10% owner | Jan. 9, 2023 S | 287,420 | 0 | 0 | $0 |
| Carl M. Fisher | — | Aug. 4, 2026 M | 114,718 | 0 | 1 | $-175,697 |
| William J. Quinn | — | April 22, 2022 P | 73,600 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Japan NuScale Innovation, LLC, Japan Bank for International Cooperation, JGC Holdings Corporation, JGC America, Inc., IHI Corporation, IHI Americas Inc., Chubu Electric Power Co., Inc., Chubu Global Investment Americas Inc. ×3 filings | Nov. 27, 2024 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 54 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| NUKZ · EXCHANGE TRADED CONCEPTS TRUST | 1.75% | 1,231,150 NS | May 31, 2026 | N-PORT |
| URA · Global X Funds | 1.61% | 10,097,016 NS | April 30, 2026 | N-PORT |
| SRVR · Pacer Funds Trust | 0.52% | 164,980 NS | April 30, 2026 | N-PORT |
| AIPO · Tidal Trust II | 0.48% | 287,371 NS | May 31, 2026 | N-PORT |
| ILDR · First Trust Exchange-Traded Fund VI… | 0.32% | 72,580 NS | May 31, 2026 | N-PORT |
| CCSO · Tidal Trust II | 0.30% | 11,314 NS | April 30, 2026 | N-PORT |
| TRFM · ETF Series Solutions | 0.21% | 25,848 NS | April 30, 2026 | N-PORT |
| IWO · iShares Trust | 0.19% | 2,953,243 SH | Aug. 8, 2026 | Daily |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.19% | 349,171 SH | Aug. 8, 2026 | Daily |
| BBSC · J.P. Morgan Exchange-Traded Fund Tr… | 0.18% | 107,189 NS | April 30, 2026 | N-PORT |
| ZAP · Global X Funds | 0.14% | 50,753 NS | April 30, 2026 | N-PORT |
| VBK · VANGUARD INDEX FUNDS | 0.10% | 4,595,891 SH | Aug. 8, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.10% | 1,874,277 SH | Aug. 8, 2026 | Daily |
| IWM · iShares Trust | 0.10% | 8,292,079 SH | Aug. 8, 2026 | Daily |
| MADE · iShares Trust | 0.06% | 4,333 SH | Aug. 8, 2026 | Daily |
| RSSL · Global X Funds | 0.06% | 68,955 NS | April 30, 2026 | N-PORT |
| ISCF · iShares Trust | 0.06% | 221,271 SH | Aug. 8, 2026 | Daily |
| ISCV · iShares Trust | 0.05% | 38,400 SH | Aug. 8, 2026 | Daily |
| ITWO · ProShares Trust | 0.05% | 7,492 NS | May 31, 2026 | N-PORT |
| ISCB · iShares Trust | 0.05% | 14,597 SH | Aug. 8, 2026 | Daily |
| ISCG · iShares Trust | 0.05% | 48,644 SH | Aug. 8, 2026 | Daily |
| ESML · iShares Trust | 0.04% | 133,097 SH | Aug. 8, 2026 | Daily |
| BKMC · BNY Mellon ETF Trust | 0.04% | 21,182 NS | April 30, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.04% | 735,762 NS | May 31, 2026 | N-PORT |
| VB · VANGUARD INDEX FUNDS | 0.04% | 7,941,099 SH | Aug. 8, 2026 | Daily |
| VIS · VANGUARD WORLD FUND | 0.04% | 364,698 SH | Aug. 8, 2026 | Daily |
| PDN · Invesco Exchange-Traded Fund Trust … | 0.04% | 83,368 SH | Aug. 8, 2026 | Daily |
| WSML · iShares Trust | 0.04% | 49,213 SH | Aug. 8, 2026 | Daily |
| GSSC · Goldman Sachs ETF Trust | 0.03% | 24,533 NS | May 31, 2026 | N-PORT |
| FIDU · FIDELITY COVINGTON TRUST | 0.03% | 50,332 NS | April 30, 2026 | N-PORT |
| UWM · ProShares Trust | 0.03% | 5,859 NS | May 31, 2026 | N-PORT |
| PICK · iShares, Inc. | 0.03% | 379,588 SH | Aug. 8, 2026 | Daily |
| URTY · ProShares Trust | 0.02% | 5,930 NS | May 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.02% | 2,465,523 SH | Aug. 8, 2026 | Daily |
| SCZ · iShares Trust | 0.01% | 1,109,515 SH | Aug. 8, 2026 | Daily |
| VSS · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.01% | 1,010,721 SH | Aug. 8, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.01% | 28,783 SH | Aug. 8, 2026 | Daily |
| HDG · ProShares Trust | 0.01% | 149 NS | May 31, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.01% | 4,917 NS | May 31, 2026 | N-PORT |
| IPAC · iShares Trust | 0.01% | 112,051 SH | Aug. 8, 2026 | Daily |
| TILT · FlexShares Trust | 0.01% | 10,780 NS | April 30, 2026 | N-PORT |
| IWV · iShares Trust | 0.00% | 86,332 SH | Aug. 8, 2026 | Daily |
| ITOT · iShares Trust | 0.00% | 306,203 SH | Aug. 8, 2026 | Daily |
| IYY · iShares Trust | 0.00% | 9,185 SH | Aug. 8, 2026 | Daily |
| SCHB · SCHWAB STRATEGIC TRUST | 0.00% | 90,699 NS | May 31, 2026 | N-PORT |
| IEFA · iShares Trust | 0.00% | 2,316,370 SH | Aug. 8, 2026 | Daily |
| AVUQ · AMERICAN CENTURY ETF TRUST | 0.00% | 105 NS | May 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 11,005,869 SH | Aug. 8, 2026 | Daily |
| VXUS · VANGUARD STAR FUNDS | 0.00% | 4,069,467 SH | Aug. 8, 2026 | Daily |
| VPL · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.00% | 295,977 SH | Aug. 8, 2026 | Daily |