Nuscale Power (SMR) Research & Development (2021 - 2026)
Nuscale Power (SMR) posted quarterly Research & Development of $12.8 million for Q1 2026, up 40.24% year-over-year from $9.1 million in Q1 2025, and down 5.46% quarter-over-quarter from $13.5 million in Q4 2025.
Nuscale Power (SMR) Research & Development (2021 - 2026) Analysis & Trends
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 for Q1 2026 stood at $12.8 million, down from $13.5 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.
- The 5-year median for Research & Development is $13.5 million (2025), against an average of $22.8 million.
- The sharpest annual moves came in 2023 and 2024: Research & Development surged 80.5% in 2023, then sank 80.92% in 2024.
- Nuscale Power's Research & Development stood at $38.0 million in 2022, then retreated by 0.44% to $37.8 million in 2023, then plunged by 75.23% to $9.4 million in 2024, then surged by 44.56% to $13.5 million in 2025, then decreased by 5.46% to $12.8 million in 2026.
- Business Quant data shows SMR's Research & Development at $12.8 million in Q1 2026, $13.5 million in Q4 2025, and $11.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 227.00 Mn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | - |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 385.00 Mn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | - |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 173.00 Mn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | - |
| 10 | Nuscale Power | 3.30 Bn | 3.30 Bn | -152,000.00 | 18.43 Mn |
Historic Data
Download 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 |