NuScale Q2 Revenue Plunges, Loss Widens to $0.13/Share
SMR sits 22% above its 52-week low of $7.21.
Summary
NuScale's Q2 revenue fell sharply after completing the Fluor FEED Phase 2 project in late 2025, with no new major revenue streams to fill the gap. Net loss widened to $0.13 per share, driven by higher R&D spending to advance its SMR technology. The company ended the quarter with $1.9 billion in cash, providing a substantial runway but no near-term revenue catalyst. This follows a Q1 miss and the launch of a $1 billion ATM program, underscoring ongoing cash burn. No guidance was provided, leaving the path to commercialization uncertain.
At the time of this announcement, SMR was trading at $8.82 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $3.4B. The 52-week trading range was $7.21 to $57.42. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.