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AI brief of an SEC Form 8-K · NUSCALE POWER Corp (SMR)

NuScale Power loss narrows to $45.7 million as revenue falls to $281,000 in quarter

Mixed Impact 3 of 5 earnings Written later

NuScale Power reported results for the quarter ended September 30, 2026, in a press release attached as Exhibit 99.1. Revenue fell to $281,000 from $8.2 million a year earlier because prior-year engineering work for the RoPower project ended, while the net loss narrowed to $45.7 million from $532.6 million, driven by a $491.3 million drop in general and administrative expenses. The company reported $1.9 billion in cash, cash equivalents and investments, and the filing gives no guidance.

Key points

  • Net loss of $45.7 million, or $(0.11) per share, versus a net loss of $532.6 million, or $(1.85) per share, in the year-earlier quarter
  • Revenue of $281,000 versus $8.2 million, with no comparable Fluor FEED Phase 2 work in 2026
  • General and administrative expenses of $27.9 million versus $519.2 million; research and development expenses rose to $18.0 million from $11.1 million
  • Cash, cash equivalents and short- and long-term investments totaled $1.9 billion at September 30, 2026

The filing

CompanyNUSCALE POWER Corp (SMR)
Form8-K, current report
Filed with the SECNov 5, 2026, 4:29 PM ET
Accession number0001822966-26-000089

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.