Education
About Us
Working with TipRanks
Follow Us
NuScale Power (SMR)
NYSE:SMR
Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.13Last Year’s EPS
-0.11Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong commercialization progress and bolstered balance sheet metrics that support NuScale’s go‑to‑market efforts (NRC certification, ENTRA1–TVA program momentum, manufacturing in production, $1.3B liquidity and remediation of a material weakness). However, meaningful execution risks remain: a year-over-year revenue decline (~14.9%), dependence on third-party partners, an unexecuted binding PPA with associated confidentiality, disclosed one-time cash outflows (~$250M), and the inherent first‑of‑a‑kind nature of SMR commercialization. On balance, the positive developments (regulatory certification, large potential programs, manufacturing ramp and strong liquidity) substantially outweigh the current lowlights, though execution and timing uncertainty remain important caveats.Company Guidance
NRC Approval of 77 MW Standard Design
NuScale received U.S. NRC design certification for its 77-megawatt electric standard design ahead of schedule. NuScale is the only SMR technology to achieve NRC design certification (10 CFR Part 52), strengthening its regulatory position and enabling support for a wider range of offtakers.
ENTRA1–TVA 6 GW Program Momentum
ENTA R1 (NuScale's exclusive global commercialization partner) and TVA announced an agreement to supply 6 gigawatts (72 NuScale Power Modules across 6 plants) with continuing progress: experienced teams assembled, site evaluations conducted, a prospective first-plant site identified, and a major financial institution signing a multibillion-dollar term sheet. This program, if executed, would be a material commercialization catalyst.
Manufacturing Progress — 12 Modules in Production and Capacity Ramp
Doosan Enerbility has 12 NuScale modules under production today, providing a timing advantage via long-lead materials already ordered. Doosan is increasing capacity to ~20 modules per year (a ~66.7% increase versus current in-production modules) with plans to eventually double beyond that, improving execution scalability for large programs.
Significant Liquidity Improvement
Liquidity rose to $1.3 billion at December 31, 2025 versus $754 million at September 30, 2025 (+72.7%) and $442 million at year-end 2024 (+194.3%). Management estimates approximately $1.0 billion cash on balance sheet after a disclosed ~$250 million payment post-close, providing runway for commercialization activities.
FEED Phase 2 Revenue Recognition for RoPower
NuScale recognized $63.1 million in revenue from licensing fees and engineering work related to the Fluor FEED 2 study for the RoPower Doicesti project in Romania over an 18-month period ending December 2025, demonstrating near-term service revenue realization from international projects.
Remediation of Material Weakness in Financial Controls
A previously disclosed material weakness in internal controls over financial reporting (ITGC) was remediated; external auditor EY provided a 'clean bill of health,' removing the disclosed weakness and improving financial reporting credibility.
Technical Validation and Strategic Partnerships
Third‑party technoeconomic studies (Oak Ridge National Lab and Idaho National Lab) validated NuScale's suitability for high-temperature process steam and industrial use-cases. Strategic collaborations include Ebara Elliott (high-temperature steam compression demonstrator) and AI fuel-efficiency work with Oak Ridge, underpinning commercial diversification (process heat, data centers, off-grid behind-the-meter applications).
SMR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SMR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $13.33 | $12.85 | -3.60% |
Sep 30, 2025 | $36.00 | $36.61 | +1.69% |
Aug 07, 2025 | $44.68 | $39.35 | -11.93% |
May 12, 2025 | $17.79 | $21.64 | +21.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does NuScale Power (SMR) report earnings?
NuScale Power (SMR) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is NuScale Power (SMR) earnings time?
NuScale Power (SMR) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SMR EPS forecast?
SMR EPS forecast for the fiscal quarter 2026 (Q1) is -0.13.