Nuscale Power (SMR) Operating Expenses (2020 - 2026)
Nuscale Power (SMR) posted quarterly Operating Expenses of $37.6 million for Q1 2026, up 16.2% year-over-year from $32.4 million in Q1 2025, and down 35.5% quarter-over-quarter from $58.4 million in Q4 2025.
Nuscale Power (SMR) Operating Expenses (2020 - 2026) Analysis & Trends
Nuscale Power's Operating Expenses history runs 7 years deep, the most recent figure standing at $37.6 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 16.2% year-over-year to $37.6 million; the TTM figure through Mar 2026 stood at $660.6 million (up 438.83% YoY), while the FY2025 annual figure was $655.4 million, up 434.03% from the prior year.
- Operating Expenses for Q1 2026 stood at $37.6 million, down from $58.4 million in the prior quarter.
- The five-year high for Operating Expenses was $530.3 million in Q3 2025, with the low at $5.1 million in Q1 2022.
- The 5-year median for Operating Expenses is $41.5 million (2022), against an average of $70.0 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 26821.9% in 2022, then sank 63.58% in 2024.
- Nuscale Power's Operating Expenses stood at $54.3 million in 2022, then rose by 2.73% to $55.8 million in 2023, then plunged by 42.54% to $32.1 million in 2024, then soared by 82.01% to $58.4 million in 2025, then plunged by 35.5% to $37.6 million in 2026.
- Business Quant data shows SMR's Operating Expenses at $37.6 million in Q1 2026, $58.4 million in Q4 2025, and $530.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 1.46 Bn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 1.34 Bn |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 1.28 Bn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 1.52 Bn |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 663.00 Mn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 400.80 Mn |
| 10 | Nuscale Power | 3.30 Bn | 3.30 Bn | -152,000.00 | 45.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 45.30 Mn |
| Mar 31, 2026 | 37.64 Mn |
| Dec 31, 2025 | 58.36 Mn |
| Sep 30, 2025 | 530.28 Mn |
| Jun 30, 2025 | 34.33 Mn |
| Mar 31, 2025 | 32.40 Mn |
| Dec 31, 2024 | 32.06 Mn |
| Sep 30, 2024 | 29.18 Mn |
| Jun 30, 2024 | 28.96 Mn |
| Mar 31, 2024 | 32.51 Mn |
| Dec 31, 2023 | 55.81 Mn |
| Sep 30, 2023 | 80.13 Mn |
| Jun 30, 2023 | 43.26 Mn |
| Mar 31, 2023 | 42.27 Mn |
| Dec 31, 2022 | 54.32 Mn |
| Sep 30, 2022 | 51.79 Mn |
| Jun 30, 2022 | 41.47 Mn |
| Mar 31, 2022 | 5.15 Mn |
| Dec 31, 2021 | 201,780.00 |
| Sep 30, 2021 | 441,400.00 |