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NuScale Power SMR In-process research and development

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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$3.89B-36.6%
Enterprise value$3.55B
P/S208.2×+99.0×

Profitability

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Gross margin24.2%-54.3pp
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

Reported directly by NuScale Power in its filing.

Tagged under the XBRL concept smr:InProcessResearchAndDevelopment.

The source filing: NuScale Power’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 5:04 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001822966-26-000054
(in thousands, except share and per share amounts)March 31, 2026December 31, 2025
Accounts and other receivables, net (2026 - $5,488; 2025 - $5,452 from related party)8,4688,378
Total current assets908,4651,272,572
Property, plant and equipment, net3,1811,924
In-process research and development16,90016,900
Intangible assets, net483527
Goodwill8,2558,255
Long-lead material work in process65,09263,767
Investments118,63432,954

Item 1. Financial Statements

FAQ

What is NuScale Power's in-process research and development?
NuScale Power (SMR) reported in-process research and development of $16.9M in Q1 2026.
How has NuScale Power's in-process research and development changed year-over-year?
NuScale Power's in-process research and development decreased by 0.0% year-over-year, from $16.9M to $16.9M.
What is the long-term trend for NuScale Power's in-process research and development?
Over 4 years (2021 to 2025), NuScale Power's in-process research and development has grown at a 0.0% compound annual growth rate (CAGR), from $16.9M to $16.9M.
What does in-process research and development mean?
Represents the capitalized costs associated with ongoing research and development projects that have not yet reached commercial viability. This asset reflects the company's investment in future technological capabilities and intellectual property. Monitoring this balance helps investors assess the scale of innovation efforts and the potential for future product commercialization.

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