Short answer
NUSCALE POWER Corp (SMR) filed its Q2 2026 10-Q quarterly report on Aug 5, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $75,000 (down 99.1% year over year) with net income of −$48M.
Q2 2026 key financials · XBRL
- Revenue
- $75,000
- −99.1% YoY · −86.7% QoQ
- Net income
- −$48M
- −169.5% YoY · −8.0% QoQ
- Operating margin
- -85337.3%
- EPS (diluted)
- −$0.13
- +0.0% YoY · +7.1% QoQ
Source: XBRL data from the NUSCALE POWER Corp (SMR) Q2 2026 10-Q on SEC EDGAR. USD.
NUSCALE POWER Corp Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q2 revenue $75,000 vs $8.054M YoY, down $8.0M after Fluor FEED Phase 2 completion
- Gross margin negative $152,000 vs $1.781M, equivalent to -202.7% vs 22.1% YoY
- Q2 net loss $50.063M vs $37.609M; operating loss $64.003M vs $43.082M
- Cash $766.5M, short-term investments $305.7M, investments $820.8M, no debt
- Operating cash used $372.860M, including $259.9M paid to ENTRA1; ATM raised $984.5M net
- Outlook: RoPower financing required before pre-EPC work; company expects sufficient liquidity for 12 months and beyond
Risk Factors
- No material changes to 2025 10-K risk factors
- Regulatory risk unchanged from 2025 Annual Report
- Operational and competitive risks carried forward without quarterly updates
- Financial risks carried forward without quarterly updates
- CTO Jose Reyes adopted Rule 10b5-1 arrangement on May 12, 2026 for RSU tax-withholding sales
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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