6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $31M | -$356M | 36.3% | -2190.6% | -$460M | — | $836M |
| 2024 | $37M | -$137M | 86.7% | -374.5% | -$109M | — | $402M |
| 2023 | $23M | -$58M | 16.9% | -1208.1% | -$185M | — | $120M |
| 2022 | $12M | -$26M | 38.0% | -1948.4% | -$151M | — | $218M |
| 2021 | $3M | -$102M | 38.2% | -6090.1% | -$101M | — | $77M |
| 2020 | $600000 | -$88M | 40.8% | -26473.8% | -$51M | — | $2M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $565000 | -$44M | 3.7% | -10181.2% | -$316M | — | $341M |
| Dec '25 | $2M | -$51M | -3.4% | -4022.2% | -$204M | — | $836M |
| Sep '25 | $8M | -$273M | 32.9% | -6532.9% | — | — | $408M |
| Jun '25 | $8M | -$18M | 22.1% | -534.9% | — | — | $298M |
| Mar '25 | $13M | -$14M | 52.4% | -264.1% | -$23M | — | $491M |
| Dec '24 | $34M | -$75M | 91.1% | -34.6% | -$26M | — | $402M |
| Sep '24 | $475000 | -$17M | 37.9% | -8635.6% | -$13M | — | $112M |
| Jun '24 | $967000 | -$28M | 12.1% | -4330.7% | -$36M | — | $131M |
| Mar '24 | $1M | -$17M | 46.7% | -3188.8% | -$33M | — | $132M |
| Dec '23 | $5M | -$19M | 15.8% | -1558.2% | -$73M | — | $120M |
| Sep '23 | $7M | -$19M | 14.5% | -1336.9% | -$28M | — | $117M |
| Jun '23 | $6M | -$10M | 0.5% | -968.4% | -$40M | — | $154M |
| Mar '23 | $6M | -$11M | 37.9% | -1007.7% | -$43M | — | $218M |
| Dec '22 | $3M | -$13M | 23.7% | -1959.9% | -$44M | — | $218M |
| Sep '22 | $3M | -$11M | 44.9% | -2083.8% | -$41M | — | $269M |
| Jun '22 | $3M | -$3M | 36.7% | -1915.8% | -$31M | — | $351M |
| Mar '22 | $2M | -$16M | 50.7% | -1793.4% | -$34M | — | $576574 |
| Dec '21 | $2M | -$28M | 37.0% | -3339.4% | -$26M | — | $77M |
| Sep '21 | $297000 | -$27M | 47.5% | -15433.0% | -$24M | — | $1M |
| Jun '21 | $372000 | -$25M | 34.1% | -11007.0% | — | — | $1M |
How the market has priced SMR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, NuScale Power's revenue has grown 120.8% per year. These are computed facts, not advice.
As of FY2025, NuScale Power reported — of total debt against $836M of cash.
In FY2025, gross margin was 36.3%, operating margin -2190.6%, and net margin -1130.3%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.