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NuScale Power SMR Gross margin

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37.2%+0.1pp

Other financials

Income statement

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Revenue$565.0K-95.8%
Gross profit$21.0K-99.7%
Operating income-$57.5M-62.8%
Net income-$44.0M-214%
EPS (diluted)-$0.14-27.3%

Balance sheet

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Cash & equivalents$346.2M-30.3%
Total debt$5.7M
Total equity$1.2B+65.7%
Total assets$1.1B+85.8%

Cash flow

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Operating cash flow-$314.7M-1,281%
CapEx$1.5M+2,172%
Free cash flow-$316.2M-1,284%

Valuation

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Market cap$4.06B+90.3%
Enterprise value$3.72B
P/S217.7×+174×

Profitability

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Operating margin-3,812.6%-4,121pp
Net margin-2,066.5%-2,438pp
FCF margin-200%-88.0pp

Returns & leverage

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Return on equity-41.2%+15.7pp
Debt / equity
Current ratio29.4×+23.1×

Where this comes from

Calculated from NuScale Power’s reported figures.

Based on trailing twelve months.

The official record: NuScale Power’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NuScale Power's gross margin?
NuScale Power (SMR) reported gross margin of 24.2% in Q1 2026.
How has NuScale Power's gross margin changed year-over-year?
NuScale Power's gross margin decreased by 69.2% year-over-year, from 78.4% to 24.2%.
What is the long-term trend for NuScale Power's gross margin?
Over 5 years (2020 to 2025), NuScale Power's gross margin has grown at a -2.2% compound annual growth rate (CAGR), from 40.8% to 36.5%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.