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SMR

Updated: Apr 20, 2026 11:18 PM

Nuscale Power Corp

Market Cap: $4.10B P/S: 2265x Ownership — Insider: 10.3% | Institutional: 44.4% | Retail: 45.3% INDUSTRIALS SPECIALTY INDUSTRIAL MACHINERY

NuScale Power Corporation develops and sells modular light water reactor nuclear power plants to supply power for electrical generation, district heating, desalination, hydrogen production and other process heat applications.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ⚠️  totalRevenue                        7/8 dates (88%)
  ⚠️  grossProfit                         7/8 dates (88%)
  ✅ netIncome                           8/8 dates (100%)

Plot for SMR (in M)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -355.79M               -177.90M                 0.00M                 177.90M                 355.79M
               |                      |                      |                      |                       |

  2014-12-31 |                                              █| -0.00M ⊗⊗
  2019-12-31 |                                      █████████|  -71.11M
  2020-12-31 |                                    ███████████|  -88.39M
  2021-12-31 |                                  █████████████|  -102.49M
  2022-12-31 |                                        ███████|█  -57.07M
  2023-12-31 |                                       ████████|██  -58.36M
  2024-12-31 |                             ██████████████████|████  -136.62M
  2025-12-31 | ██████████████████████████████████████████████|███  -355.79M

               |                      |                      |                      |                       |
               -355.79M               -177.90M                 0.00M                 177.90M                 355.79M

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ⚠️  researchAndDevelopment              7/8 dates (88%)
  ⚠️  sellingGeneralAndAdministrative     7/8 dates (88%)
  ⚠️  costofGoodsAndServicesSold          7/8 dates (88%)

Plot for SMR (in M)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                 152.46M                304.91M                457.37M                 609.83M
               |                      |                      |                      |                       |

  2019-12-31 | ██████████ 62.55M
  2020-12-31 | ███████████████ 95.27M
  2021-12-31 | ██████████████ 94.39M
  2022-12-31 | ███████████████████ 127.66M
  2023-12-31 | ████████████████████████ 156.05M
  2024-12-31 | ████████████ 75.90M
  2025-12-31 | █████████████████████████████████████████████████████████████████████████████████████████████ 609.83M

               |                      |                      |                      |                       |
               0.00M                 152.46M                304.91M                457.37M                 609.83M

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ⚠️  cashAndShortTermInvestments         7/8 dates (88%)
  ⚠️  shortLongTermDebtTotal              5/8 dates (62%)
  ✅ operatingCashflow                   7/7 dates (100%)

Plot for SMR (in M)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -836.42M               -418.21M                 0.00M                 418.21M                 836.42M
               |                      |                      |                      |                       |

  2019-12-31 |                                           ████|  -66.41M
  2020-12-31 |                                            ███|█  -47.23M
  2021-12-31 |                                          █████|███  -99.16M
  2022-12-31 |                                       ████████|███████████  217.69M
  2023-12-31 |                                     ██████████|██████  -183.25M
  2024-12-31 |                                         ██████|█████████████████████  401.56M ⊗
  2025-12-31 |                      █████████████████████████|█████████████████████████████████████████████  836.42M ⊗

               |                      |                      |                      |                       |
               -836.42M               -418.21M                 0.00M                 418.21M                 836.42M

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   7/7 dates (100%)
  ✅ capitalExpenditures                 7/7 dates (100%)

Plot for SMR (in M)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -459.61M               -229.81M                 0.00M                 229.81M                 459.61M
               |                      |                      |                      |                       |

  2019-12-31 |                                        ███████|  -66.41M
  2020-12-31 |                                          █████|  -47.23M
  2021-12-31 |                                     ██████████|  -99.16M
  2022-12-31 |                                ███████████████|  -148.61M
  2023-12-31 |                             ██████████████████|  -183.25M
  2024-12-31 |                                    ███████████|  -108.67M
  2025-12-31 | ██████████████████████████████████████████████|  -459.61M

               |                      |                      |                      |                       |
               -459.61M               -229.81M                 0.00M                 229.81M                 459.61M

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ⚠️  totalAssets                         7/8 dates (88%)
  ⚠️  totalLiabilities                    7/8 dates (88%)
  ⚠️  totalShareholderEquity              7/8 dates (88%)

Plot for SMR (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -1.41B                 -0.71B                  0.00B                  0.71B                   1.41B
               |                      |                      |                      |                       |

  2019-12-31 |                                               |█  0.08B
  2020-12-31 |                                              █|█  0.08B
  2021-12-31 |                                               |███  0.12B
  2022-12-31 |                                               |██████████  0.35B
  2023-12-31 |                                               |██████  0.22B
  2024-12-31 |                                               |███████████████████  0.62B
  2025-12-31 |                                               |█████████████████████████████████████████████  1.41B

               |                      |                      |                      |                       |
               -1.41B                 -0.71B                  0.00B                  0.71B                   1.41B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           8/8 dates (100%)
  ⚠️  shortLongTermDebtTotal              5/8 dates (62%)
  ⚠️  totalShareholderEquity              7/8 dates (88%)

Plot for SMR (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -1.17B                 -0.58B                  0.00B                  0.58B                   1.17B
               |                      |                      |                      |                       |

  2014-12-31 |                                              █| -0.00B ⊗⊗
  2019-12-31 |                                            ███|  -0.07B
  2020-12-31 |                                            ███|  -0.09B
  2021-12-31 |                                           ████|██  -0.10B
  2022-12-31 |                                             ██|████  0.11B
  2023-12-31 |                                             ██|███  0.09B
  2024-12-31 |                                          █████|███████████████████████  0.62B ⊗
  2025-12-31 |                                 ██████████████|█████████████████████████████████████████████  1.17B ⊗

               |                      |                      |                      |                       |
               -1.17B                 -0.58B                  0.00B                  0.58B                   1.17B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        21/21 dates (100%)
  ✅ grossProfit                         21/21 dates (100%)
  ✅ netIncome                           21/21 dates (100%)

Plot for SMR (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -273.32M               -136.66M                 0.00M                 136.66M                 273.32M
               |                      |                      |                      |                       |

  2020-12-31 |                                           ████|  -25.08M
  2021-03-31 |                                           ████|  -22.67M
  2021-06-30 |                                           ████|  -24.68M
  2021-09-30 |                                          █████|  -27.10M
  2021-12-31 |                                          █████|  -28.05M
  2022-03-31 |                                           ████|  -23.37M
  2022-06-30 |                                             ██|  -10.38M
  2022-09-30 |                                             ██|  -10.71M
  2022-12-31 |                                             ██|  -12.61M
  2023-03-31 |                                             ██|  -10.96M
  2023-06-30 |                                             ██|  -9.52M
  2023-09-30 |                                            ███|  -19.12M
  2023-12-31 |                                            ███|  -18.75M
  2024-03-31 |                                            ███|  -16.57M
  2024-06-30 |                                          █████|  -27.62M
  2024-09-30 |                                            ███|  -17.46M
  2024-12-31 |                                  █████████████|█████  -74.97M
  2025-03-31 |                                             ██|█  -14.01M
  2025-06-30 |                                            ███|  -17.64M
  2025-09-30 | ██████████████████████████████████████████████|  -273.32M
  2025-12-31 |                                      █████████|  -50.83M

               |                      |                      |                      |                       |
               -273.32M               -136.66M                 0.00M                 136.66M                 273.32M

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              21/21 dates (100%)
  ✅ sellingGeneralAndAdministrative     21/21 dates (100%)
  ✅ costofGoodsAndServicesSold          21/21 dates (100%)

Plot for SMR (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                 129.81M                259.61M                389.42M                 519.22M
               |                      |                      |                      |                       |

  2020-12-31 | ████ 24.39M
  2021-03-31 | ███ 18.75M
  2021-06-30 | ████ 20.90M
  2021-09-30 | █████ 26.37M
  2021-12-31 | █████ 27.11M
  2022-03-31 | ████ 24.86M
  2022-06-30 | █████ 29.51M
  2022-09-30 | ██████ 35.30M
  2022-12-31 | ███████ 37.99M
  2023-03-31 | █████ 27.57M
  2023-06-30 | █████ 26.93M
  2023-09-30 | ███████████ 63.73M
  2023-12-31 | ███████ 37.82M
  2024-03-31 | ███ 19.36M
  2024-06-30 | ███ 16.83M
  2024-09-30 | ███ 17.02M
  2024-12-31 | ████ 22.69M
  2025-03-31 | ████ 23.26M
  2025-06-30 | ████ 22.52M
  2025-09-30 | █████████████████████████████████████████████████████████████████████████████████████████████ 519.22M
  2025-12-31 | ████████ 44.82M

               |                      |                      |                      |                       |
               0.00M                 129.81M                259.61M                389.42M                 519.22M

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         21/21 dates (100%)
  ⚠️  shortLongTermDebtTotal              11/21 dates (52%)
  ✅ operatingCashflow                   21/21 dates (100%)

Plot for SMR (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -836.42M               -418.21M                 0.00M                 418.21M                 836.42M
               |                      |                      |                      |                       |

  2020-12-31 |                                              █|█  36.89M
  2021-03-31 |                                             ██|  -29.79M ⊗
  2021-06-30 |                                              █|  -20.89M ⊗
  2021-09-30 |                                              █|  -22.71M
  2021-12-31 |                                              █|███  77.09M
  2022-03-31 |                                             ██|█  42.68M
  2022-06-30 |                                             ██|██████████████████  350.82M ⊗
  2022-09-30 |                                             ██|██████████████  268.61M ⊗
  2022-12-31 |                                             ██|███████████  217.69M
  2023-03-31 |                                             ██|███████████  218.16M
  2023-06-30 |                                             ██|███████  154.41M
  2023-09-30 |                                             ██|█████  117.47M
  2023-12-31 |                                           ████|██████  120.27M
  2024-03-31 |                                             ██|██████  131.99M
  2024-06-30 |                                             ██|██████  130.93M
  2024-09-30 |                                              █|█████  111.63M ⊗
  2024-12-31 |                                              █|█████████████████████  401.56M ⊗
  2025-03-31 |                                              █|██████████████████████████  491.42M ⊗
  2025-06-30 |                                             ██|███████████████  297.69M ⊗
  2025-09-30 |                                    ███████████|█████████████████████  407.58M ⊗
  2025-12-31 |                                    ███████████|█████████████████████████████████████████████  836.42M ⊗

               |                      |                      |                      |                       |
               -836.42M               -418.21M                 0.00M                 418.21M                 836.42M

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   21/21 dates (100%)
  ✅ capitalExpenditures                 21/21 dates (100%)

Plot for SMR (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -203.70M               -101.85M                 0.00M                 101.85M                 203.70M
               |                      |                      |                      |                       |

  2020-12-31 |                                          █████|  -22.93M
  2021-03-31 |                                        ███████|  -29.79M
  2021-06-30 |                                          █████|  -20.89M
  2021-09-30 |                                          █████|  -22.71M
  2021-12-31 |                                         ██████|  -25.77M
  2022-03-31 |                                        ███████|  -33.15M
  2022-06-30 |                                        ███████|  -30.90M
  2022-09-30 |                                      █████████|  -40.68M
  2022-12-31 |                                     ██████████|  -43.88M
  2023-03-31 |                                     ██████████|  -43.14M
  2023-06-30 |                                      █████████|  -39.23M
  2023-09-30 |                                         ██████|  -27.68M
  2023-12-31 |                              █████████████████|  -73.21M
  2024-03-31 |                                       ████████| -33.49M
  2024-06-30 |                                       ████████| -36.03M
  2024-09-30 |                                            ███| -12.73M
  2024-12-31 |                                         ██████|  -26.42M
  2025-03-31 |                                          █████|  -22.79M
  2025-06-30 |                                       ████████|  -33.32M
  2025-09-30 |  █████████████████████████████████████████████|  -199.80M
  2025-12-31 | ██████████████████████████████████████████████|  -203.70M

               |                      |                      |                      |                       |
               -203.70M               -101.85M                 0.00M                 101.85M                 203.70M

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         21/21 dates (100%)
  ✅ totalLiabilities                    21/21 dates (100%)
  ✅ totalShareholderEquity              21/21 dates (100%)

Plot for SMR (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -1.41B                 -0.71B                  0.00B                  0.71B                   1.41B
               |                      |                      |                      |                       |

  2020-12-31 |                                              █|█  0.08B
  2021-03-31 |                                               |███████  0.23B
  2021-06-30 |                                               |███████  0.23B
  2021-09-30 |                                               |████  0.16B
  2021-12-31 |                                               |███  0.12B
  2022-03-31 |                                               |██  0.09B
  2022-06-30 |                                               |████████████  0.41B
  2022-09-30 |                                               |████████████  0.40B
  2022-12-31 |                                               |██████████  0.35B
  2023-03-31 |                                               |██████████  0.33B
  2023-06-30 |                                               |█████████  0.31B
  2023-09-30 |                                               |█████████  0.31B
  2023-12-31 |                                               |██████  0.22B
  2024-03-31 |                                               |██████  0.23B
  2024-06-30 |                                               |██████  0.23B
  2024-09-30 |                                               |███████  0.25B
  2024-12-31 |                                               |███████████████████  0.62B
  2025-03-31 |                                               |██████████████████████  0.70B
  2025-06-30 |                                               |██████████████████████  0.69B
  2025-09-30 |                                               |████████████████████████████  0.88B
  2025-12-31 |                                               |█████████████████████████████████████████████  1.41B

               |                      |                      |                      |                       |
               -1.41B                 -0.71B                  0.00B                  0.71B                   1.41B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           21/21 dates (100%)
  ⚠️  shortLongTermDebtTotal              11/21 dates (52%)
  ✅ totalShareholderEquity              21/21 dates (100%)

Plot for SMR (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -1.17B                 -0.58B                  0.00B                  0.58B                   1.17B
               |                      |                      |                      |                       |

  2020-12-31 |                                              █|  0.04B
  2021-03-31 |                                              █|███████  0.20B ⊗
  2021-06-30 |                                              █|███████  0.20B ⊗
  2021-09-30 |                                              █|  -0.03B
  2021-12-31 |                                              █|██  0.07B
  2022-03-31 |                                              █|█  0.04B
  2022-06-30 |                                              █|█  0.06B ⊗
  2022-09-30 |                                              █|███  0.10B ⊗
  2022-12-31 |                                              █|████  0.11B
  2023-03-31 |                                              █|███  0.11B
  2023-06-30 |                                              █|███  0.11B
  2023-09-30 |                                              █|███  0.11B
  2023-12-31 |                                              █|███  0.09B
  2024-03-31 |                                              █|████  0.13B
  2024-06-30 |                                              █|████  0.14B
  2024-09-30 |                                              █|█████  0.16B ⊗
  2024-12-31 |                                            ███|███████████████████████  0.62B ⊗
  2025-03-31 |                                              █|███████████████████████████  0.70B ⊗
  2025-06-30 |                                              █|██████████████████████████  0.69B ⊗
  2025-09-30 |                                    ███████████|████████████████████████████████  0.83B ⊗
  2025-12-31 |                                             ██|█████████████████████████████████████████████  1.17B ⊗

               |                      |                      |                      |                       |
               -1.17B                 -0.58B                  0.00B                  0.58B                   1.17B

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