NUSCALE POWER Corp (SMR) Form 10-Q — Aug 5, 2026

$SMRForm 10-QFiled Aug 5, 2026, 4:10 PM ET0001822966-26-000085Original filing

NuScale Power's Q2 2026 revenue fell to just $75 thousand from $8.1 million a year earlier, after Fluor FEED Phase 2 work supporting the RoPower project in Romania was completed in late 2025 with no comparable 2026 activity. Net loss widened to $50.1 million from $37.6 million in the quarter and to $96.7 million for the first half. The company completed its $1.0 billion 2026 at-the-market program in June, selling 89.7 million Class A shares at a weighted average $11.14 for $984.5 million in net proceeds, lifting Class A shares outstanding roughly 29% in six months.

Key figures

Eps: -$0.27 H1 2026 basic/diluted (Q2: -$0.13); prior year -$0.24 H1 / -$0.13 Q2
Revenue: $0.64M H1 2026 vs $21.4M H1 2025 (Q2 2026: $0.075M vs $8.05M)
Net Income: -$96.75M H1 2026 net loss (Q2: -$50.06M) vs -$68.0M and -$37.6M prior year
Total Debt: 0
Cash Position: $766.5M cash and equivalents + $305.7M short-term investments + $820.8M long-term investments
Gross Proceeds: $1.0B gross / $984.5M net (2026 ATM completed June 2026)
Offering Price: $11.14 weighted average (H1 2026 ATM)
Shares Offered: 89727165
Shares Outstanding: 410,389,522 Class A and 19,333,750 Class B as of July 30, 2026
Q2 2026 revenue: $75K (vs $8.05M Q2 2025)
Total commitments: $168.4M
Accumulated deficit: $824.4M
Entra1 payment h1 2026: $259.9M
Atm shares sold h1 2026: 89727165
H1 2026 operating cash flow: -$372.9M
Tva entra1 collaboration gw: 6
Class a share growth h1 2026: ~29% (318.5M to 410.4M)
Non binding agreement npm count: 72
Entra1 annual marketing commitment: $34.8M
Paragon energy solutions contracts: $25.8M
Pma milestone contribution 1 expense: $507.4M

Price after filing

1 day: 0.0%7 days: +1.1%30 days: +2.7%

Close on the filing date to close N calendar days later (from $9.49). Historical, not a forecast.

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