Nuscale Power (SMR) Gross Margin (2021 - 2026)

Nuscale Power (SMR) recorded quarterly Gross Margin of 3.72% in Q1 2026, up 210.16% quarter-over-quarter from 3.37% in Q4 2025, and down 4863.0% on a YoY basis from 0.08% in Q1 2025.

Nuscale Power (SMR) Gross Margin (2021 - 2026) Analysis & Trends

Nuscale Power's Gross Margin history runs 6 years deep, the most recent figure standing at 3.72% for Q1 2026.

  • In Q1 2026, Gross Margin fell 4863.0% year-over-year to 3.72%; the TTM figure through Mar 2026 stood at 23.84% (down 5460.0% YoY), while the FY2025 annual figure was 36.31%, down 5036.0% from the prior year.
  • Gross Margin was 3.72% for Q1 2026 at Nuscale Power, up from 3.37% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 91.07% in Q4 2024 to a low of 3.37% in Q4 2025.
  • Historically, Gross Margin has averaged 30.6% across 5 years, with a median of 32.87% in 2025.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin soared 7528 bps in 2024, then tumbled 9444 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 23.68% in 2022, then slumped by 33 bps to 15.79% in 2023, then soared by 477 bps to 91.07% in 2024, then plunged by 104 bps to 3.37% in 2025, then soared by 210 bps to 3.72% in 2026.
  • The last three Gross Margin figures came in at 3.72% (Q1 2026), 3.37% (Q4 2025), and 32.87% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 19.07%
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 35.59%
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 36.77%
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 26.71%
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 53.09%
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 43.82%
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 37.21%
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 50.25%
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 38.86%
10 Nuscale Power 3.36 Bn 3.30 Bn 21,000.00 3.72%

Historic Data

Download Data
DateValue
Mar 31, 2026 3.72%
Dec 31, 2025 -3.37%
Sep 30, 2025 32.87%
Jun 30, 2025 22.11%
Mar 31, 2025 52.35%
Dec 31, 2024 91.07%
Sep 30, 2024 37.89%
Jun 30, 2024 12.10%
Mar 31, 2024 46.70%
Dec 31, 2023 15.79%
Sep 30, 2023 14.53%
Jun 30, 2023 0.52%
Mar 31, 2023 37.95%
Dec 31, 2022 23.68%
Sep 30, 2022 44.86%
Jun 30, 2022 36.74%
Mar 31, 2022 50.72%
Dec 31, 2021 37.02%
Sep 30, 2021 47.47%
Jun 30, 2021 34.14%