---
schema_version: "secwatch.filing_event.v1"
accession: "0001822966-23-000258"
form_type: "8-K"
ticker: "SMR"
cik: "0001822966"
company_name: "NUSCALE POWER Corp"
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T10:30:40.578637+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NuScale Q3 revenue $7.0M, net loss $58.3M; terminates CFPP project

## Summary
- Revenue $7.0M vs $3.2M YoY; net loss $58.3M vs $49.6M.
- Cash $196.6M (incl $79.1M restricted); no debt.
- Mutually terminated Carbon Free Power Project with UAMPS due to insufficient subscription.
- Selected by Standard Power for two SMR facilities (nearly 2 GWe) via ENTRA1 partnership.
- SDA application accepted for NRC review; milestone in Romania RoPower project.

## SEC filing metadata
- accession: 0001822966-23-000258
- form_type: 8-K
- ticker: SMR
- cik: 0001822966
- company_name: NUSCALE POWER Corp
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822966/000182296623000258/0001822966-23-000258-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822966/000182296623000258/smr-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001822966-23-000258
- JSON: https://secwatch.observer/filing/0001822966-23-000258.json
- Plain text: https://secwatch.observer/filing/0001822966-23-000258.txt

## Key facts
- Earnings Releases
  NUSCALE POWER Corp reported the quarter ended September 30, 2023 results: revenue $7.0 million, net income $58.3 million.
  - Period: the quarter ended September 30, 2023
  - Revenue: $7.0 million
  - Net income: $58.3 million
  - Result: reported results
  source text: Revenue of $7.0 million and net loss of $58.3 million for the three-month period ended September 30, 2023, compared to revenue of $3.2 million and a net loss of $49.6 million, respectively, for the same period in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000182296623000258/0001822966-23-000258-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.