Nuscale Power (SMR) Research & Development (2021 - 2026)

Nuscale Power's Research & Development history runs 6 years deep, the most recent figure standing at $12.8 million for Q1 2026.

• In Q1 2026, Research & Development rose 40.24% year-over-year to $12.8 million; the TTM figure through Mar 2026 stood at $49.2 million (up 14.99% YoY), while the FY2025 annual figure was $45.5 million, down 2.74% from the prior year.
• Research & Development was $12.8 million for Q1 2026 at Nuscale Power, down from $13.5 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $63.7 million in Q3 2023 to a low of $9.1 million in Q1 2025.
• Historically, Research & Development has averaged $22.8 million across 5 years, with a median of $13.5 million in 2025.
• The sharpest annual moves came in 2023 and 2024: Research & Development soared 80.5% in 2023, then slumped 80.92% in 2024.
• A 5-year view of Research & Development shows it stood at $38.0 million in 2022, then decreased by 0.44% to $37.8 million in 2023, then sank by 75.23% to $9.4 million in 2024, then soared by 44.56% to $13.5 million in 2025, then slipped by 5.46% to $12.8 million in 2026.
• The last three Research & Development figures came in at $12.8 million (Q1 2026), $13.5 million (Q4 2025), and $11.1 million (Q3 2025), per Business Quant data.