Nuscale Power (SMR) Operating Income (2020 - 2026)

Nuscale Power's (SMR) quarterly Operating Income came in at -$57.5 million in Q1 2026, down 62.83% year-on-year from -$154.8 million in Q1 2025, and up 20.9% quarter-over-quarter from -$72.7 million in Q4 2025.

Nuscale Power (SMR) Operating Income (2020 - 2026) Analysis & Trends

Nuscale Power's Operating Income history runs 7 years deep, the most recent figure standing at -$57.5 million for Q1 2026.

  • On a quarterly basis, Operating Income fell 62.83% year-over-year to -$57.5 million in Q1 2026; TTM through Mar 2026 was -$711.8 million, a 447.18% decrease from a year earlier, with the FY2025 full-year figure at -$689.6 million, down 397.08% from the prior year.
  • Operating Income climbed to -$57.5 million in Q1 2026 per SMR's latest filing, from -$72.7 million in the prior quarter.
  • Across five years, Operating Income topped out at -$11.9 million in Q4 2024 and bottomed at -$538.4 million in Q3 2025.
  • The 5-year median for Operating Income is -$55.5 million (2023), against an average of -$81.8 million.
  • Across the five-year window, Operating Income plunged 14561.94% in 2022 and jumped 83.32% in 2024, its largest moves.
  • Year by year, Operating Income stood at -$67.4 million in 2022, then declined by 5.45% to -$71.1 million in 2023, then soared by 83.32% to -$11.9 million in 2024, then sank by 513.43% to -$72.7 million in 2025, then rose by 20.9% to -$57.5 million in 2026.
  • Per Business Quant, the three latest SMR Operating Income figures stand at -$57.5 million (Q1 2026), -$72.7 million (Q4 2025), and -$538.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 653.00 Mn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 1.17 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 1.13 Bn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 949.00 Mn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 1.11 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 1.02 Bn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 514.94 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 467.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 289.70 Mn
10 Nuscale Power 2.59 Bn 2.59 Bn 21,000.00 -57.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -57.52 Mn
Dec 31, 2025 -72.72 Mn
Sep 30, 2025 -538.44 Mn
Jun 30, 2025 -43.08 Mn
Mar 31, 2025 -35.33 Mn
Dec 31, 2024 -11.86 Mn
Sep 30, 2024 -41.02 Mn
Jun 30, 2024 -41.88 Mn
Mar 31, 2024 -43.97 Mn
Dec 31, 2023 -71.06 Mn
Sep 30, 2023 -92.92 Mn
Jun 30, 2023 -56.12 Mn
Mar 31, 2023 -55.47 Mn
Dec 31, 2022 -67.38 Mn
Sep 30, 2022 -66.10 Mn
Jun 30, 2022 -52.67 Mn
Mar 31, 2022 -43.85 Mn
Dec 31, 2021 -51.06 Mn
Sep 30, 2021 -45.84 Mn
Jun 30, 2021 -40.95 Mn