Nuscale Power (SMR) Gross Margin (2021 - 2026)
Nuscale Power's (SMR) quarterly Gross Margin came in at 3.72% in Q1 2026, down 4863.0% year-on-year from 0.08% in Q1 2025, and up 210.16% quarter-over-quarter from 3.37% in Q4 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.
- On a quarterly basis, Gross Margin fell 4863.0% year-over-year to 3.72% in Q1 2026; TTM through Mar 2026 was 23.84%, a 5460.0% decrease from a year earlier, with the FY2025 full-year figure at 36.31%, down 5036.0% from the prior year.
- Gross Margin grew to 3.72% in Q1 2026 per SMR's latest filing, from 3.37% in the prior quarter.
- Across five years, Gross Margin topped out at 91.07% in Q4 2024 and bottomed at 3.37% in Q4 2025.
- The 5-year median for Gross Margin is 32.87% (2025), against an average of 30.6%.
- Across the five-year window, Gross Margin surged 7528 bps in 2024 and tumbled 9444 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 23.68% in 2022, then plunged by 33 bps to 15.79% in 2023, then soared by 477 bps to 91.07% in 2024, then slumped by 104 bps to 3.37% in 2025, then soared by 210 bps to 3.72% in 2026.
- Per Business Quant, the three latest SMR Gross Margin figures stand at 3.72% (Q1 2026), 3.37% (Q4 2025), and 32.87% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 35.59% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 36.77% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 26.71% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 53.09% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 43.82% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 37.21% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 50.25% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 42.90% |
| 10 | Nuscale Power | 2.59 Bn | 2.59 Bn | 21,000.00 | 3.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |