For the year ending 2025-12-31, SMR made $31,479K in revenue. -$355,794K in net income. Net profit margin of -1130.26%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue (2025 - 23,921 2024 - 4,225 2023 - 16,897 from related party) | 31,479 | 37,045 | 22,810 | 11,804 |
| Cost of sales | 20,048 | 4,937 | 18,961 | 7,317 |
| Gross margin | 11,431 | 32,108 | 3,849 | 4,487 |
| Research and development expenses | 45,532 | 46,817 | 156,050 | 123,416 |
| General and administrative expenses | 609,825 | 75,901 | 65,404 | 63,057 |
| Other expenses (2025 - 0 2024 - 767 2023 - 32,875 from related party) | 45,645 | 48,115 | 57,960 | 48,009 |
| Loss from operations | -689,571 | -138,725 | -275,565 | -229,995 |
| Sponsored cost share | 149 | 6,884 | 61,031 | 72,336 |
| Change in fair value of warrant liabilities | 0 | 222,999 | -23,627 | -12,148 |
| Interest income and other cost share (interest expense) | - | - | - | 3,938 |
| Interest income (expense) | - | - | 10,792 | - |
| Investment income | 25,302 | 8,388 | - | - |
| Loss before income taxes | -664,120 | -346,452 | -180,115 | -141,573 |
| Computed tax (21) | - | - | 37,824 | 29,730 |
| Income attributable to legacy nuscale llc holders | - | - | 0 | -6,543 |
| Income tax benefit attributable to nci | - | - | -25,568 | -17,746 |
| Change in valuation allowance | - | - | -20,048 | -9,227 |
| State income tax benefit, net of effect on federal tax | - | - | 2,831 | 1,235 |
| Other, net (none in excess of 5 of computed tax) | - | - | 4,961 | 2,551 |
| Provision (benefit) for income taxes | - | - | 0 | 0 |
| Foreign income taxes | 342 | 1,935 | - | - |
| Net loss | -664,462 | -348,387 | -180,115 | -141,573 |
| Net loss attributable to legacy nuscale llc holders prior to transaction | - | 0 | 0 | -31,155 |
| Net loss attributable to noncontrolling interests | -308,668 | -211,764 | -121,753 | -84,504 |
| Net loss attributable to class a common stockholders | -355,794 | -136,623 | -58,362 | -25,914 |
| Basic EPS | -2.17 | -1.47 | -0.8 | -0.51 |
| Diluted EPS | -2.17 | -1.47 | -0.8 | -0.51 |
| Basic Average Shares | 163,731,673 | 93,249,872 | 73,386,018 | 50,763,844 |
| Diluted Average Shares | 163,731,673 | 93,249,872 | 73,386,018 | 50,763,844 |
NUSCALE POWER Corp (SMR)
NUSCALE POWER Corp (SMR)