secwatch.observer — SEC 8-K summary
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Issuer:     NUSCALE POWER Corp (SMR)
CIK:        0001822966
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001822966-26-000016
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NuScale FY2025 revenue $31.5M, G&A includes $507M milestone charge; cash $1.3B
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- Revenue fell to $31.5M from $37.0M in FY2024; cost of sales rose to $20.0M from $4.9M.
- G&A expenses surged to $609.8M, driven by $507.4M Milestone Contribution 1 under the ENTRA1 PMA.
- Ended FY2025 with $1.3B in cash, equivalents, and investments; raised $750M via 39.3M share ATM in Q4.
- Partnership with ENTRA1 and TVA advances toward deploying up to 6 GW of SMR capacity across TVA's region.
- Completed FEED Phase 2 study for RoPower in Romania; NPMs shown to profitably power chemical plants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822966/000182296626000016/0001822966-26-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822966/000182296626000016/smr-20260226.htm
  HTML page:      https://secwatch.observer/filing/0001822966-26-000016

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