NuScale Power Reports Third Quarter 2026 Results
Business Wire•05/11/2026•16:15 ET
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Key Highlights
- ➤$1.9 billion in cash, cash equivalents and investments supports commercial readiness
- ➤Doosan Enerbility agreement begins fabrication of NuScale’s upper reactor coolant system
- ➤Third-quarter revenue $281,000, down from $8.242 million year over year
- ➤Third-quarter net loss $45.709 million, versus $532.646 million loss year over year
- ➤Nine-month financing proceeds reached $985.235 million, primarily from common-stock issuance
Expert Statements
John Hopkins, President and Chief Executive Officer of NuScale Power
“This was a significant quarter for NuScale as we progressed from development to physical production of our first commercial NuScale Power Module”
John Hopkins, President and Chief Executive Officer of NuScale Power
“Our contract with Doosan Enerbility to fabricate the upper reactor coolant system of the NPM moves our Nuclear Regulatory Commission-approved design into actual build and sets the foundation for all modules to follow.”
John Hopkins, President and Chief Executive Officer of NuScale Power
“We also continued to deepen our global supply chain and ended the period with strong liquidity, giving us the flexibility to make the strategic investments needed to move toward full-scale production.”
* NuScale progressed from development to physical production, signing an agreement with Doosan Enerbility
for the fabrication of the most complex and foundational component of the NuScale Power Module™ (“NPM”), the upper reactor coolant system.
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