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NUSCALE POWER (SMR)

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Earnings summaries and quarterly performance for NUSCALE POWER.

Recent press releases and 8-K filings for SMR.

NuScale Power Faces Securities Class Action Lawsuit
SMR
Legal Proceedings
Profit Warning
  • Faruqi & Faruqi, LLP is reminding investors of a securities class action lawsuit filed against NuScale Power Corporation (SMR).
  • The lawsuit alleges NuScale and its executives made false or misleading statements and failed to disclose that ENTRA1, to whom NuScale entrusted its commercialization, lacked significant prior experience in nuclear power generation.
  • The class period for investors is between May 13, 2025, and November 6, 2025, with a deadline of April 20, 2026, to seek the role of lead plaintiff.
  • The complaint details that on November 6, 2025, NuScale revealed its general and administrative expenses had ballooned over 3,000% to $519 million in the third fiscal quarter, largely due to a $495 million payment to ENTRA1, leading to a $532 million quarterly net loss.
  • Following this news, NuScale's Class A shares declined over 12% in two days and dropped to $17 per share by November 21, 2025, more than 70% below the class period high.
14 hours ago
NuScale Power Corporation Establishes New $1 Billion At-The-Market Equity Offering Program
SMR
  • NuScale Power Corporation entered into a Sales Agreement on February 26, 2026, to establish a new at-the-market offering program.
  • This program allows the company to offer and sell up to $1,000,000,000 of its Class A common stock through sales agents, including UBS Securities LLC, B. Riley Securities, Inc., Canaccord Genuity LLC, and Tuohy Brothers Investment Research, Inc..
  • The sales agents will receive a commission of up to 2% of the gross sales proceeds from any shares sold under the agreement.
  • In connection with this new agreement, the company terminated its prior at-the-market offering program that was dated November 7, 2025.
1 day ago
NuScale Power Reports Q4 and Full Year 2025 Results, Highlights Commercial Progress and Strong Liquidity
SMR
Earnings
New Projects/Investments
  • NuScale Power reported $31.5 million in revenue for the full year ending December 31, 2025, a decrease from the prior year, while its liquidity significantly increased to $1.3 billion at December 31, 2025, with approximately $1 billion in cash remaining after a post-close payment.
  • The company remains the only SMR technology to achieve NRC Design Certification for its 77 MW electric standard design, which was approved ahead of schedule.
  • Significant progress was reported on the ENTRA1 Energy and Tennessee Valley Authority (TVA) agreement, which involves 6 GW of power from 72 NuScale Power Modules, including a $multi-billion term sheet signed by a major financial institution and ongoing drafting of a definitive Power Purchase Agreement (PPA).
  • The RoPower project in Romania advanced, with NuScale completing FEED 2 work and recognizing $63.1 million in revenue over an 18-month period ending December 2025, and shareholders voting to progress the project.
  • NuScale has 12 modules in production with its primary manufacturing arm, Doosan Enerbility, which is increasing its capacity to 20 modules per year.
1 day ago
NuScale Power Reports Q4 and Full Year 2025 Results, Highlights Project Advancements and Capital Raise
SMR
Earnings
New Projects/Investments
  • NuScale Power reported $1.8 million in revenue for Q4 2025, with $63.1 million recognized from the RoPower project between Q2 2024 and Q4 2025.
  • The company significantly strengthened its liquidity, generating $750 million in gross proceeds through an at-the-market (ATM) program in Q4 2025, contributing to $1,287.2 million in cash and cash equivalents as of December 31, 2025.
  • NuScale completed its work on Fluor's Phase 2 Front-End Engineering and Design (FEED) study for the RoPower Doicești power plant in December 2025, and shareholders of SN Nuclearelectrica SA agreed to advance the project to the next phase on February 12, 2026.
  • The TVA and ENTRA1 SMR Deployment Program is progressing with plans to deploy 6 GWe of new nuclear capacity using NuScale Power Modules, including ongoing site evaluations, PPA drafting, and project financing discussions with major financial institutions.
1 day ago
NuScale Power Reports Q4 and Full Year 2025 Results and Provides Business Update
SMR
Earnings
New Projects/Investments
  • NuScale Power reported $31.5 million in revenue for the year ended December 31, 2025, a decrease from $37 million in the prior year, primarily due to a reduction in revenue from the RoPower technology licensing agreement, partially offset by higher Fluor Phase 2 engineering and services revenue.
  • The company's liquidity significantly increased to $1.3 billion at December 31, 2025, compared to $442 million at the end of 2024.
  • Significant progress was made on the ENTRA1 Energy and Tennessee Valley Authority (TVA) agreement for 6 GW of power, with site evaluations, financing discussions, and drafting of a definitive Power Purchase Agreement (PPA) underway.
  • NuScale completed its FEED 2 work for the RoPower project in Romania, recognizing $63.1 million in revenue from licensing fees and engineering work over an 18-month period ending December 2025.
  • The U.S. Nuclear Regulatory Commission (NRC) approved NuScale's 77 MW electric standard design ahead of schedule, and the company remediated a material weakness in its internal controls over financial reporting.
1 day ago
NuScale Power Reports Q4 and Full Year 2025 Results, Highlights Key Project Progress and Strong Liquidity
SMR
Earnings
New Projects/Investments
  • NuScale's overall liquidity significantly increased to $1.3 billion at December 31, 2025, compared to $442 million at the end of 2024, while revenue for the year ending December 31, 2025, was $31.5 million.
  • The company made significant progress on the ENTRA1 Energy and Tennessee Valley Authority (TVA) agreement to supply 6 gigawatts of power using 72 NuScale Power Modules, with a major financial institution signing a multi-billion dollar term sheet with ENTRA1.
  • NuScale completed its Phase 2 front-end engineering and design (FEED 2) study for the proposed RoPower Doicești power plant in Romania, recognizing $63.1 million in revenue from licensing fees and engineering work over an 18-month period ending December 2025.
  • NuScale remains the only Small Modular Reactor (SMR) technology to achieve NRC Design Certification for its 77 MW electric standard design, and currently has 12 modules in production with its manufacturing partner Doosan Enerbility.
  • The material weakness in internal controls over financial reporting (ITGC) identified in the 2024 annual report has been remediated, resulting in a clean bill of health from EY.
1 day ago
NuScale Power Reports Q4 and Full Year 2025 Results
SMR
Earnings
New Projects/Investments
  • NuScale Power reported revenue of $31.5 million and a net loss attributable to Class A common stockholders of $(355.8) million, or $(2.17) per share, for the full year ended December 31, 2025.
  • The company ended 2025 with $1.3 billion in cash, cash equivalents, and short- and long-term investments, after generating $750.0 million in gross proceeds from the sale of 39.3 million shares through an at-the-market program during the fourth quarter of 2025.
  • Strategic progress includes its exclusive global partner, ENTRA1 Energy, reaching a nonbinding agreement with Tennessee Valley Authority (TVA) to deploy up to 6 gigawatts of NuScale small modular reactor (SMR) capacity.
  • General and administrative expenses for FY 2025 significantly increased to $609.8 million, primarily due to a $507.4 million Milestone Contribution 1 under the Partnership Milestone Agreement with ENTRA1.
1 day ago
NuScale Power Reports Fourth Quarter and Full Year 2025 Results
SMR
Earnings
New Projects/Investments
  • NuScale Power reported revenue of $31.5 million for the year ended December 31, 2025, a decrease from $37.0 million in 2024, and a net loss attributable to Class A Common Stockholders of $355.8 million for the same period.
  • General and administrative expenses significantly increased to $609.8 million in 2025, primarily due to a $507.4 million Milestone Contribution under the Partnership Milestone Agreement with ENTRA1.
  • The company ended 2025 with $1.3 billion in cash, cash equivalents, and short- and long-term investments, having strengthened its cash position by selling 39.3 million shares through an at-the-market program, generating $750.0 million in gross proceeds during the fourth quarter of 2025.
  • Key operational advancements include continued progress with ENTRA1 Energy and TVA on the largest nuclear power deployment program in U.S. history, and the completion of work on Fluor's Phase 2 Front-End Engineering and Design study for the RoPower Doicești, Romania power plant.
1 day ago
NuScale Power Corporation Faces Class Action Lawsuit
SMR
Legal Proceedings
Profit Warning
New Projects/Investments
  • NuScale Power Corporation is facing a class action lawsuit on behalf of investors who purchased securities between May 13, 2025, and November 6, 2025.
  • The lawsuit alleges that NuScale made false or misleading statements regarding its commercialization partner, ENTRA1 Energy LLC, which allegedly lacked significant prior experience in nuclear power generation.
  • On November 6, 2025, NuScale reported a more than 3,000% increase in general and administrative expenses to $519 million in its third fiscal quarter, largely due to a $495 million payment to ENTRA1 for a TVA agreement, resulting in a quarterly net loss of $532 million.
  • Following this disclosure, NuScale Class A shares declined more than 12% over a two-day trading period.
  • Investors have until April 20, 2026, to file a lead plaintiff motion in the class action.
1 day ago
NuScale Power Corporation Faces Securities Fraud Class Action Lawsuit
SMR
Legal Proceedings
Profit Warning
New Projects/Investments
  • A securities fraud class action lawsuit has been filed against NuScale Power Corporation (NYSE: SMR) on behalf of investors who purchased Class A common stock between May 13, 2025, and November 6, 2025.
  • The lawsuit alleges material misstatements and omissions regarding NuScale's commercialization strategy, specifically that it entrusted its projects and capital to ENTRA1 Energy LLC, an entity without significant prior experience in nuclear power generation.
  • Investors have until April 20, 2026, to seek lead plaintiff status in the lawsuit.
  • NuScale's stock price declined by 14.4% on November 6, 2025, following the disclosure of a 3,000% increase in general and administrative expenses to $519 million in its third fiscal quarter, largely due to a $495 million payment to ENTRA1, which resulted in a $532 million quarterly net loss.
2 days ago