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Nuscale Power (SMR) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

Nuscale Power (SMR) reported revenue of $75K for the second quarter 2026 (Q2 2026), -99% from a year earlier and -87% from the quarter before.

Revenue$75K
Year over year-99%
Quarter over quarter-87%
Operating margin—
Net earnings−$50.1M

Nuscale Power, Q2 2026: revenue $75K (-99% year over year), net loss $50.1M, operating cash flow −$58.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$75K-87%-99%
Operating profit−$64.0M——
Net earnings−$50.1M——
Operating cash flow−$58.2M——

What changed

Revenue was $75K in Q2 2026, down 99% year over year and down 87% from the previous quarter.

Operating costs exceeded revenue by $64.0M, an operating margin of -85337.3%. The fastest-growing cost line was Other operating costs (+76%). The quarter ended with a net loss of $50.1M, wider than the previous quarter's $46.7M loss. Minority interests bore $2.5M of it: to shareholders the quarter was a loss of $47.5M. Non-operating items added $13.9M, -28% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$58.2M. Non-cash charges added back $334K of depreciation and amortization and $6.5M of share-based compensation. Working capital and other items used $15.0M. Capital expenditures of $431K exceeded it, leaving free cash flow of −$58.6M.

Questions

What was Nuscale Power's revenue in the second quarter 2026?

Nuscale Power (SMR) reported revenue of $75K for the second quarter 2026 (Q2 2026), -99% from a year earlier and -87% from the quarter before.

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Source: Nuscale Power 10-Q on SEC EDGAR.