SMRNYSEFabricated Plate Work (Boiler Shops)Fiscal year ends December 31
NUSCALE POWER Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$5.69−0.14 (-2.40%)
Close on Oct 19, 2026
- Market cap
- $2.07B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2025
Gross margin
36.3%−4.5 pts over 5 years
Operating margin
-2190.6%+24283.3 pts over 5 years
Net margin
-1130.3%+13600.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -15.0% | +38.7% | +120.8% | – | |
| Gross profit | -64.4% | +36.6% | +115.7% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -39.8% | |
| Return on assets | – | – | -36.4% | |
| Current ratio | – | 42.93 | 4.30 | |
| Capex to revenue | – | 587.7% | 1.6% | |
| Diluted shares | – | 0M | 164M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Nuscale Power generated $999.30M from operations and spent $7.14M on capital expenditure, dividends and share buybacks. 92% of that went back into the business.
Generated
$999.30M
Used
$7.14M
Capital expenditure$6.56M92%Dividends$00%Share buybacks$583.00K8%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-1130.3%
×Asset turnover0.03×
×Equity multiplier1.09×
=Return on equity, FY2025-39.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -1130.3% | 0.03× | 1.09× | -39.8% |
| FY2024 | -368.8% | 0.10× | 1.08× | -38.4% |
| FY2023 | -255.9% | 0.08× | 2.76× | -56.1% |
| FY2022 | -219.5% | 0.05× | 2.60× | -28.6% |
| FY2021 | -3581.2% | 0.02× | 13.35× | -769.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
0of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$355.79M
- Cash generatingOperating cash flow above zero-$459.61M
- Return on assets improvedROA up on the prior year-60.8% → -65.3%
- Earnings backed by cashOperating cash flow above net income-$459.61M vs -$355.79M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose5.25 → 4.30
- No dilutionShare count did not rise93M → 164M
- Gross margin improvedGross margin up on the prior year86.67% → 36.31%
- More efficientAsset turnover rose0.16 → 0.06