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

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

  • For Q4 2025, Research & Development rose 44.56% year-over-year to $13.5 million; the TTM value through Dec 2025 reached $45.5 million, down 2.74%, while the annual FY2025 figure was $45.5 million, 2.74% down from the prior year.
  • Research & Development for Q4 2025 was $13.5 million at Nuscale Power, up from $11.1 million in the prior quarter.
  • Over five years, Research & Development peaked at $63.7 million in Q3 2023 and troughed at $9.1 million in Q1 2025.
  • A 5-year average of $23.7 million and a median of $24.4 million in 2022 define the central range for Research & Development.
  • Biggest five-year swings in Research & Development: soared 80.5% in 2023 and later tumbled 80.92% in 2024.
  • Year by year, Research & Development stood at $28.4 million in 2021, then skyrocketed by 33.92% to $38.0 million in 2022, then dropped by 0.44% to $37.8 million in 2023, then crashed by 75.23% to $9.4 million in 2024, then surged by 44.56% to $13.5 million in 2025.
  • Business Quant data shows Research & Development for SMR at $13.5 million in Q4 2025, $11.1 million in Q3 2025, and $11.8 million in Q2 2025.