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Nuscale Power (SMR) R&D spending by quarter

Nuscale Power's R&D spending was $18.0M in Q3 2026 (third quarter 2026), -2% from Q2 2026. Over the last 7 quarters it ranged from $9.1M (Q1 2025) to $18.4M (Q2 2026).

Nuscale Power R&D spending by quarterNuscale Power R&D spending by quarter$9.1MQ1 2025$11.8MQ2 2025$11.1MQ3 2025$13.5MQ4 2025$12.8MQ1 2026$18.4MQ2 2026$18.0MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$18.0M-2%+63%
Q2 2026$18.4M+44%+56%
Q1 2026$12.8M-5%+40%
Q4 2025$13.5M+23%—
Q3 2025$11.1M-6%—
Q2 2025$11.8M+29%—
Q1 2025$9.1M——

Q3 2026 at a glance

Nuscale Power, Q3 2026: revenue $281K (-97% year over year), net loss $45.7M, operating cash flow −$28.6M. The chart follows the revenue to costs, profit and cash.

Questions

What is Nuscale Power's R&D spending?

Nuscale Power's R&D spending was $18.0M in Q3 2026 (third quarter 2026), -2% from Q2 2026.

How has Nuscale Power's R&D spending changed?

Over the last 7 quarters it ranged from $9.1M (Q1 2025) to $18.4M (Q2 2026).

Q3 2026 results → · How Nuscale Power makes money →