Nuscale Power Stock Earnings Reports

Key points for investors: NuScale emphasizes its regulatory and commercial differentiation as the only SMR vendor to earn U.S. NRC Standard Design Approval under 10 CFR Part 52 (for both 50 MW and 77 MW designs), which the company says materially derisks customer deployment versus Part 50 pathways. NuScale highlights readily available LEU fuel supplied via Framatome, a comprehensive factory-fabricated modular design (transportable NuScale Power Modules), dry cooling capability for water-constrained sites, and a small emergency planning zone enabling behind-the-meter siting. Commercial progress: discussions continue with ENTRA1 and TVA on a potential multi-gigawatt PPA (NuScale expresses confidence that a definitive PPA could be reached later this year), and RoPower (Doicesti, Romania) advanced to a financing/feasibility phase after government approval. Supply-chain work is advancing (supplier summit, multisourcing strategy, Doosan Enerbility production activity). Financials: Q1 revenue was $0.6M (vs. $13.4M prior year quarter, reflecting prior RoPower-related work), liquidity was ~$1.0B at 3/31/26 and >$1.2B by early May 2026. NuScale sold Class A shares (3.2M) raising ~$37.9M gross; Fluor sold remaining NuScale shares. Management expects near-term revenue opportunities from pre-FEED/COLA/licensing work once PPAs are finalized (RoPower pre-FEED/FEED work generated ~ $8M historically) and is negotiating an OEM agreement tied to PPA definitization. Timing and outlook: management is optimistic about near-term commercialization catalysts (TVA/ENTRA1 PPA, project financing commitments from international frameworks), but acknowledges project financing, licensing steps, and supply-chain execution remain gating items. Risks: forward-looking statements are subject to the usual nuclear/regulatory, financing, supply-chain, and execution risks; the company declined to provide CAPEX or levelized cost guidance and cautioned timelines are influenced by external financing and customer decisions.