---
schema_version: "secwatch.filing_event.v1"
accession: "0001822966-25-000086"
form_type: "8-K"
ticker: "SMR"
cik: "0001822966"
company_name: "NUSCALE POWER Corp"
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-22T00:16:40.364240+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NuScale Q1: Revenue $13.4M (up 857% YoY); operating loss $35.3M; cash $521.4M

## Summary
- Revenue increased $12.0M to $13.4M from $1.4M YoY, driven by RoPower FEED Phase 2 work and Technology License Agreement.
- Loss from operations narrowed to $35.3M from $44.0M; operating expenses down $2.3M to $42.3M.
- Cash and short-term investments $521.4M at quarter-end; raised $102.4M gross via 4.5M share ATM offering.
- NRC design approval for 77 MWe design on track for July 2025; 12 modules in manufacturing, targeting 2030 delivery.
- Advanced discussions continue with hyperscalers, utilities, and governments for commercial deployment.

## SEC filing metadata
- accession: 0001822966-25-000086
- form_type: 8-K
- ticker: SMR
- cik: 0001822966
- company_name: NUSCALE POWER Corp
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822966/000182296625000086/0001822966-25-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822966/000182296625000086/smr-20250512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001822966-25-000086
- JSON: https://secwatch.observer/filing/0001822966-25-000086.json
- Plain text: https://secwatch.observer/filing/0001822966-25-000086.txt

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