Nuscale Power (SMR) Research & Development (2021 - 2026)
Nuscale Power (SMR) posted Research & Development of $18.4 million for Q2 2026, up 43.92% on a QoQ basis from $12.8 million in Q1 2026, and up 56.15% year-over-year from $11.8 million in Q2 2025.
Analysis
Nuscale Power (SMR) Research & Development (2021 - 2026) Analysis & Trends
Nuscale Power has reported Research & Development for 6 years, with the latest figure at $18.4 million in Q2 2026.
- On a quarterly basis, Research & Development rose 56.15% year-over-year to $18.4 million in Q2 2026; TTM through Jun 2026 was $55.8 million, a 31.49% increase from a year earlier, with the FY2025 full-year figure at $45.5 million, down 2.74% from the prior year.
- Research & Development was $18.4 million for Q2 2026 at Nuscale Power, up from $12.8 million in the prior quarter.
- The five-year high for Research & Development was $63.7 million in Q3 2023, with the low at $9.1 million in Q1 2025.
- Average Research & Development over 5 years is $22.6 million, with a median of $16.0 million recorded in 2025.
- The sharpest annual moves came in 2023 and 2024: Research & Development jumped 80.5% in 2023, then sank 80.92% in 2024.
- Over 5 years, Research & Development stood at $38.0 million in 2022, then slipped by 0.44% to $37.8 million in 2023, then plunged by 75.23% to $9.4 million in 2024, then jumped by 44.56% to $13.5 million in 2025, then jumped by 36.06% to $18.4 million in 2026.
- The last three Research & Development figures came in at $18.4 million (Q2 2026), $12.8 million (Q1 2026), and $13.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | BWX Technologies | 13.96 Bn | 13.35 Bn | 202.31 Mn | 4.17 Mn |
| 2 | Mirion Technologies | 3.87 Bn | 3.45 Bn | 133.10 Mn | 10.10 Mn |
| 3 | Nuscale Power | 3.72 Bn | 3.72 Bn | -152,000.00 | 18.43 Mn |
| 4 | Terra Innovatum Global | 581.99 Mn | 490.94 Mn | - | 1.48 Mn |
| 5 | Terrestrial Energy | 555.63 Mn | 555.63 Mn | - | 3.50 Mn |
| 6 | Deep Fission | 371.91 Mn | 371.91 Mn | - | 18.30 Mn |
| 7 | Us Nuclear | 1.26 Mn | 1.12 Mn | 192,911.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.43 Mn |
| Mar 31, 2026 | 12.81 Mn |
| Dec 31, 2025 | 13.55 Mn |
| Sep 30, 2025 | 11.05 Mn |
| Jun 30, 2025 | 11.80 Mn |
| Mar 31, 2025 | 9.13 Mn |
| Dec 31, 2024 | 9.37 Mn |
| Sep 30, 2024 | 12.16 Mn |
| Jun 30, 2024 | 12.13 Mn |
| Mar 31, 2024 | 13.16 Mn |
| Dec 31, 2023 | 37.82 Mn |
| Sep 30, 2023 | 63.73 Mn |
| Jun 30, 2023 | 26.93 Mn |
| Mar 31, 2023 | 27.57 Mn |
| Dec 31, 2022 | 37.99 Mn |
| Sep 30, 2022 | 35.30 Mn |
| Jun 30, 2022 | 29.51 Mn |
| Mar 31, 2022 | 24.38 Mn |
| Dec 31, 2021 | 28.37 Mn |
| Sep 30, 2021 | 26.37 Mn |