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NuScale Power Corporation SMR R2KAI

Industrials · Specialty Industrial Machinery · United States
https://www.nuscalepower.com

NuScale Power Corporation provides small modular reactor technology solutions. It offers NuScale Power Module (NPM), a light water nuclear reactor that can generate 77 megawatts of electricity (MWe). The company also provides design and nuclear regulatory licensing basis information to construct and operate the power plant; and licensing, design, development, construction, operation, and maintenance of the power plant. In addition, it offers regulatory licensing support services; start-up testing and commissioning support; accredited training programs to support initial and ongoing power plant operations; management of all aspects of the U.S. Nuclear Regulatory Commission required inspections, tests, analysis, and acceptance criteria process; NuScale Power Module mechanical handling; initial and ongoing fuel bundle loading and movement; design engineering management during commercial operation; operations and maintenance program management; procurement and spare parts management; nuclear fuel management, including reload analysis; and outage planning and execution support services. The company has a strategic partnership with Ebara Elliott Energy for the development, demonstration, and testing of industrial scale compressors using power modules. NuScale Power Corporation was founded in 2007 and is headquartered in Corvallis, Oregon.

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$12.67
-60.39% 1Y

Market & Price

Market Cap
$4.39B
Current Price
$12.67
High / Low (52W)
$53.43 / $9.16
Beta
2.25

Valuation

Stock P/E
-
Industry PE
28.38
Forward P/E
-
PEG Ratio
-
Book Value
$3.67
Price to Book
3.45
P/S
234.89
EV/EBITDA
-16.95
Dividend Yield
-

Profitability & Returns

ROCE
-61.76%
ROE
-83.05%
ROA
-14.46%
Profit Margin
0.00%
Op Margin
-
EPS (Latest Qtr)
$-0.14
EPS (TTM)
$-2.20

Balance Sheet & Liquidity

Debt/Equity
0.51
Quick Ratio
29.05
Current Ratio
29.36
Debt
$5.68M
Total Assets
$1.41B
Current Assets
$1.27B
Working Capital
$976.52M

Ownership

Promoter Holding
1.97%
Chg in Prom Hold
-
FII / Inst Holding
52.27%
Chg in FII Hold
0.33%

Financial Snapshot

Enterprise Value
$3.44B
Total Revenue (TTM)
$18.67M
EBITDA
$-203.20M
Free Cash Flow
$-161.97M
Operating Cash Flow
$-751.50M
Shares Outstanding
346.11M
Gross Margin
23.84%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
38.67%
Profit 5Y
-174.48%
Revenue (YoY)
-95.80%
Earnings (YoY)
-

PROS

  • Compounding revenue at 38.7% over 5 years.

CONS

  • Earnings shrank at -174.5% CAGR over 5 years.
  • Trading 76.3% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 SMR NuScale Power Corporation R2KAI 12.67 - $4.39B - -61.76% -83.05% 38.67% -174.48%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -372.00K297.00K2.44M2.75M3.17M5.50M5.79M6.95M1.38M967.00K--13.38M8.05M8.24M1.81M565.00K
Cost of Revenue -------------6.37M6.27M5.53M1.87M544.00K
Gross Profit -127.00K141.00K1.24M1.01M1.42M2.09M30.00K1.01M644.00K117.00K--7.00M1.78M2.71M-61.00K21.00K
Operating Expenses -------------42.33M44.86M541.15M72.66M57.55M
Operating Income -299.06K-40.95M-45.84M-43.85M-52.67M-66.10M-55.47M-56.12M-92.92M-43.97M-41.88M---35.33M-43.08M-538.44M-72.72M-57.52M
EBITDA --------------35.01M-42.78M-538.15M-72.45M-57.22M
Interest Expense ------------------
Pretax Income --------------30.05M-37.61M-532.65M-63.81M-46.69M
Tax Provision -------------342.00K0000
Net Income 8.73M-24.68M-27.10M-15.96M-2.59M-10.71M-10.96M-9.52M-19.12M-16.57M-27.62M---14.01M-17.64M-273.32M-50.83M-44.02M
Diluted EPS -0.000.000.00-0.06-0.23-0.16-0.13-0.26-0.21-0.31-0.18--0.11-0.13-1.85--0.14
R&D Expense -20.90M26.37M24.38M29.51M35.30M27.57M26.93M63.73M13.15M12.13M12.16M-9.13M11.80M11.05M-12.80M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 600.00K-11.80M22.81M37.05M31.48M
Cost of Revenue --7.32M18.96M4.94M20.05M
Gross Profit 245.00K-4.49M3.85M32.11M11.43M
Operating Expenses --234.48M279.41M170.83M701.00M
Operating Income -158.84M--230.00M-275.56M-138.72M-689.57M
EBITDA ---227.30M-273.01M-136.88M-688.39M
Interest Expense ------
Pretax Income ---141.57M-180.12M-346.45M-664.12M
Tax Provision --001.94M342.00K
Net Income -88.39M--57.07M-58.36M-136.62M-355.79M
Diluted EPS 0.00-2.35-0.51-0.80-1.47-
R&D Expense 95.27M94.39M127.66M156.05M46.82M45.53M

Compounded Sales Growth

5 Years:38.67%
1 Year:-95.80%

Compounded Profit Growth

5 Years:-174.48%
1 Year:-

Stock Price Performance

1 Year:-60.39%
6 Months:-32.35%
3 Months:-1.40%
1 Month:+11.93%

Balance Sheet (Annual)

Figures in USD.

Metric Aug 2020Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -234.45M-348.63M224.86M544.67M1.41B
Current Assets ---284.42M154.55M471.14M1.27B
Cash & Equivalents -1.91M-217.69M120.27M401.56M836.42M
Inventory -------
Receivables ---11.20M10.13M21.10M8.38M
Total Liabilities -41.76M-71.55M95.52M91.55M298.96M
Current Liabilities -49.93K-38.56M87.46M89.72M296.06M
Long Term Debt -------
Total Debt --15.48M1.57M1.50M--
Total Equity 0-39.61M-296.77M93.46M618.70M1.17B
Shares Outstanding ---69.35M76.90M122.84M318.48M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -47.23M--148.61M-183.25M-108.67M-459.61M
Investing Cash Flow -3.53M--52.33M48.27M-39.85M-411.26M
Financing Cash Flow 38.49M-368.06M16.13M429.81M1.31B
Capital Expenditure -3.53M--2.33M-1.73M-44.00K-508.00K
Free Cash Flow -50.76M--150.94M-184.98M-108.71M-460.12M
Net Change in Cash --167.12M-118.85M281.29M434.86M
Share Buybacks 49.00K17.00K566.00K00-

Ratios (Annual)

Figures in %.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 40.8%-38.0%16.9%86.7%36.3%
Operating Margin % -26,473.8%--1,948.4%-1,208.1%-374.5%-2,190.6%
Net Margin % -14,731.2%--483.5%-255.9%-368.8%-1,130.3%
ROE % 223.1%--19.2%-62.4%-22.1%-30.4%
ROCE % -67.8%--74.2%-200.6%-30.5%-61.8%

Shareholding Pattern

Insiders
1.97%
Institutions
52.27%
Public Float
53.32%

Top Institutional Holders

#Holder% HeldSharesValue
1 Van Eck Associates Corporation 5.79% 20.03M $253.82M
2 Blackrock Inc. 3.71% 12.85M $162.80M
3 Mirae Asset Global ETFs Holdings Ltd. 3.31% 11.45M $145.10M
4 Vanguard Portfolio Management LLC 3.16% 10.95M $138.71M
5 Vanguard Capital Management LLC 3.10% 10.73M $135.98M
6 Marex Group Plc 2.63% 9.10M $115.27M
7 Morgan Stanley 2.04% 7.05M $89.36M
8 Renaissance Technologies, LLC 1.58% 5.46M $69.12M
9 Marshall Wace LLP 1.24% 4.31M $54.58M
10 Geode Capital Management, LLC 1.08% 3.73M $47.25M

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