NuScale Power Corporation

SMR Industrials Specialty Industrial Machinery

NuScale Power Corporation’s revenue for fiscal 2025 (year ended December 2025) was $31.5 million, down 15.0% from fiscal 2024.

Revenue
−96.6%
EPS
+94.1%
Free cash flow
+85.7%

Quarter to September 2026, against a year earlier

4.98 0.61 +13.96%
Market cap
$1.9B
P/E
0.0×
Fwd P/E
−11.6×
Dividend yield
—
F-score
1/9
Altman Z
3.17
Beneish M
−4.68
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 1,836.22
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 1 — 2 7 3 — 1 — 5 — 1 —
Insider Ownership 1.73%

Capital & Financial Ratios $m

Size
Market Cap 1,880.00
Revenue ttm 2.73
Net income ttm (206.27)
Free cash flow ttm (607.54)
Net debt Q (1,077.25)
Valuation
P/E 0.00
Forward P/E (11.60) (negative: loss-making)
Price / sales 670.81 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.93
Financial health
Current ratio Q 24.40 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q −96.59% (below 0%: shrinking)
Operating income growth Q +87.96% (above 0%: growing)
EPS, this year +76.81% (at or above 15%: strong)
EPS, next year A −14.49% (below 0%: weak)
Revenue, next year A −35.07% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +39.28% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 97.75%
10-year low 10-year high
P/B against its own 10 years 0.23%
10-year low 10-year high
EV/Sales against its own 10 years 96.19%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 125 447 1,259 —
Receivables 10 21 8 16
Inventory — — — —
Other — — — —
155 471 1,273 963
2023 2024 2025 Q'26
Payables 45 48 287 27
ST’ Debt — — — —
Other 32 32 — —
87 90 296 39

Compound Annual Growth %

10y 5y 3y
Sales — 120.79% 38.67%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 58.99%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.14) (0.13) (0.11) — —
’25 (0.11) (0.13) (1.85) (0.21) (2.17)
’24 (0.21) (0.31) (0.18) (0.77) (1.47)
’23 (0.16) (0.13) (0.26) (0.25) (0.80)
’22 — (0.08) (0.19) (0.18) (0.55)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 1 0 0 — —
’25 13 8 8 2 31
’24 1 1 0 34 37
’23 6 6 7 5 23
’22 2 3 3 3 12
’21 — 0 0 2 3
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (315) (58) (29) — —
’25 (23) (33) (200) (204) (460)
’24 (33) (36) (13) (26) (109)
’23 (43) (39) (28) (73) (183)
’22 (33) (31) (41) (44) (149)
’21 0 (50) (23) (26) (99)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (316) (59) (29) — —
’25 (23) (33) (200) (204) (460)
’24 (33) (36) (13) (26) (109)
’23 (43) (40) (28) (73) (185)
’22 (34) (31) (41) (44) (151)
’21 0 (51) (24) (26) (101)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — 1 3 12 23 37 31 3 +120.8% 20 127 236 +95.8%
Gross margin, % — — — — 40.83 38.16 38.01 16.87 86.67 36.31 (2.16) (4.5) pt
EBT — — — — (88) (102) (142) (180) (346) (664) (206) +49.7%
EBT margin, % — — — — (14,731.17) (3,581.17) (1,199.36) (789.63) (935.22) (2,109.72) (7,558.41) +12,621.5 pt
Net income — 0 — — (88) (102) (142) (180) (348) (664) (206) n/m
Per share, $
Per share, $ Revenue — — — — 0.02 0.10 0.23 0.31 0.40 0.19 0.01 +55.9%
Earnings — — — — — — (0.55) (0.80) (1.47) (2.17) (0.59) +58.0%
Cash flow — — — — (1.64) (3.45) (2.93) (2.50) (1.17) (2.81) (1.47) +11.3%
Capex — — — — (0.12) (0.07) (0.05) (0.02) 0.00 0.00 (0.01) (52.1%)
Free cash flow — — — — (1.77) (3.52) (2.97) (2.52) (1.17) (2.81) (1.48) +9.7%
Book value — — — — (1.38) 2.30 5.46 1.76 4.86 6.80 4.81 n/m
Shares, m — — — — 29 29 51 73 93 164 335 +41.6%
Valuation, ×
Valuation, × P/E — — — — 0.00 7.55 0.00 0.00 0.00 0.00 0.00 1.3
P/S — — — — 0.00 0.00 44.04 10.10 45.13 110.78 670.81 35.0
P/B — — — — 1.51 0.00 1.88 1.78 3.69 3.13 0.93 2.0
EV/Sales — — — — 0.00 0.00 21.36 4.61 33.71 71.53 284.72 21.9
EV/FCF — — — — 0.00 0.20 (1.67) (0.57) (11.35) (4.89) (1.28) (3.0)
Cash, $m
Cash, $m Operating cash flow — — — — (47) (99) (149) (183) (109) (460) (605) +57.6%
Capex — — — — (4) (2) (2) (2) 0 (1) (2) (32.1%)
Free cash flow — — — — (51) (101) (151) (185) (109) (460) (608) +55.4%
Balance, $m
Balance, $m Working capital — — — — 2 38 246 67 381 977 923 +241.8%
Net debt — — — — (2) (77) (268) (125) (447) (1,259) (1,077) +266.4%
Shareholders’ equity — — — — (40) 66 277 129 453 1,114 1,974 n/m
Returns, %
Returns, % ROA — — — — (75.40) (57.64) (11.03) (20.35) (35.51) (36.36) (12.82) +39.0 pt
ROIC — — — — 0.00 0.00 (1,528.90) (4,334.96) (1,341.32) 0.00 (8.20) 0.0 pt
ROE — — — — (45.50) 25.85 10.88 (28.72) (46.91) (45.42) (15.44) +0.1 pt
People
People Employees — — — — 2 2 556 398 330 154 — +138.4%
Revenue/emp, $m — — — — 0.30 1.43 0.02 0.06 0.11 0.20 — (7.4%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

NuScale Power Corporation vs peers in Specialty Industrial Machinery (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
KAI Kadant Inc $3.5B 30.0× 26.4× +15.32% (above 0%: growing) +28.59% (above 0%: growing) +15.90% (above 0%: growing) 44.73% 17.10% Compare
SXI Standex International Corporation $2.8B 24.8× 25.6× +6.96% (above 0%: growing) +58.73% (above 0%: growing) −13.24% (below 0%: shrinking) 44.37% 17.38% Compare
EPAC Enerpac Tool Group Corp. $2.0B 22.8× 20.3× +10.87% (above 0%: growing) −7.69% (below 0%: shrinking) +10.03% (above 0%: growing) 47.07% 18.48% Compare
HLIO Helios Technologies, Inc $2.0B 27.9× 28.1× +9.13% (above 0%: growing) +94.12% (above 0%: growing) −2.29% (below 0%: shrinking) 34.58% 14.01% Compare
SMR NuScale Power Corporation $1.9B — (loss-making) — (loss-making) −96.59% (below 0%: shrinking) n/m +85.67% (above 0%: growing) 47.33% (23,067.62%)
MFP Midera Food Processing, Inc $1.9B — — — — — 35.33% 9.66% Compare
GRC Gorman-Rupp Company (The) $1.8B 24.4× 24.8× +11.82% (above 0%: growing) +99.98% (above 0%: growing) +27.49% (above 0%: growing) 33.39% 17.54% Compare
ATS ATS Corporation $1.7B 50.0× 37.7× −5.93% (below 0%: shrinking) n/m −117.83% (below 0%: shrinking) 27.38% 3.49% Compare
EROC ERock, Inc. $1.5B — — — n/m — 21.92% (49.77%) Compare
Median of peers $1.9B 26.3× 26.0× +10.00% +58.73% +3.87% 34.96% 15.56%

All 79 Specialty Industrial Machinery stocks →

Pay and ownership Proxy statement filed 15 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 4.08m 33.11b 325,710,000.00
2024 3.43m 18.65m 264,640,000.00
2023 2.28m 469.78k 15,260,000.00
2022 3.21m 3.23m 111,630,000.00

Ownership

Directors and executive officers, together less than 1% of the votes
Fluor Enterprises, Inc. 12.09% of the votes
The Goldman Sachs Group, Inc. 7.55% of the votes
Japan NuScale Innovation, LLC 5.71% of the votes
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

NuScale Power Corporation (SMR) Latest News

5 Nov

Impact 3 · · Business Wire

2 Nov

30 Oct

28 Oct

21 Oct

16 Oct

Impact 4 · · Trefis

SMR metrics, ten years each

stockrow.com/SMR · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com