NuScale Q2 FY26 net loss widens to $50.06 million; revenue drops to $75,000 - SMR News | RalliesNuScale Q2 FY26 net loss widens to $50.06 million; revenue drops to $75,000
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SMR• Cash position
- Cash and cash equivalents totaled $766.5 million at June 30, 2026, after $984.5 million of net proceeds from an at-the-market equity program.
Quarterly results
- NuScale Power posted a GAAP net loss of $50.06 million for the quarter ended June 30, 2026, widening from $37.61 million a year earlier.
- Revenue fell 99.07% to $75,000, reflecting the completion of Fluor FEED Phase 2 engineering work for Romania’s RoPower project in late 2025.
- Operating loss widened to $64 million from $43.08 million, with R&D rising to $18.43 million and other expenses climbing to $18.55 million.
- Investment income increased to $13.94 million from $5.45 million on a stronger cash position and higher investments.