Nuscale Power (SMR) Research & Development (2021 - 2025)

Nuscale Power has reported Research & Development over the past 5 years, most recently at $13.5 million for Q4 2025.

  • Quarterly results put Research & Development at $13.5 million for Q4 2025, up 44.56% from a year ago — trailing twelve months through Dec 2025 was $45.5 million (down 2.74% YoY), and the annual figure for FY2025 was $45.5 million, down 2.74%.
  • Research & Development for Q4 2025 was $13.5 million at Nuscale Power, up from $11.1 million in the prior quarter.
  • Over the last five years, Research & Development for SMR hit a ceiling of $63.7 million in Q3 2023 and a floor of $9.1 million in Q1 2025.
  • Median Research & Development over the past 5 years was $24.4 million (2022), compared with a mean of $23.7 million.
  • Biggest five-year swings in Research & Development: surged 80.5% in 2023 and later plummeted 80.92% in 2024.
  • Nuscale Power's Research & Development stood at $28.4 million in 2021, then soared by 33.92% to $38.0 million in 2022, then fell by 0.44% to $37.8 million in 2023, then tumbled by 75.23% to $9.4 million in 2024, then skyrocketed by 44.56% to $13.5 million in 2025.
  • The last three reported values for Research & Development were $13.5 million (Q4 2025), $11.1 million (Q3 2025), and $11.8 million (Q2 2025) per Business Quant data.