NUSCALE POWER Corp(SMR)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #2,501 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
SMR Stock Analysis & AI Quality Score
AI stock analysis and institutional research for NUSCALE POWER Corp (SMR), a Industrials sector company. 13F Pro's AI-powered ranking engine scores SMR at 26.6/100 on a 32-signal composite quality model, placing it at rank #2,501 of 2,879 stocks — the bottom half of the AI-ranked universe. SMR scores in the top quartile across institutional flow (97.2), revenue growth (84.0). Areas of concern include free cash flow (1.4) and profitability (2.2), which score below median versus the broader universe. Shareholder dilution risk is elevated at 4.3/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), NUSCALE POWER Corp reports quarterly revenue of $565.0K, net income of $-44.0M, free cash flow of $-316.2M. Top institutional holders of SMR by reported 13-F value include BlackRock,, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd., VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. SMR trades on the NYSE exchange and files with the SEC under CIK 1822966. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate SMR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for NUSCALE POWER Corp directly from SEC EDGAR. NUSCALE POWER Corp's 13F Pro composite quality score has ranged between 17 and 33 since 2023, currently 26.6 — a stable long-term trajectory across 22 quarterly and live scoring snapshots.
Revenue
Q1 2026
$565.0K
Net Income
Q1 2026
$-44.0M
Free Cash Flow
Q1 2026
$-316.2M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-15.0% YoYNet Income
-160.4% YoYOperating Income
-397.1% YoYEPS (Diluted)
-47.6% YoYTotal Assets
+159.3% YoYOp. Cash Flow
-323.0% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $31.5M -15.0% | $37.0M +62.4% | $22.8M +93.2% | $11.8M +312.4% | $2.9M +377.0% | $600.0K |
| Net Income | $-355.8M -160.4% | $-136.6M -134.1% | $-58.4M -125.2% | $-25.9M +74.7% | $-102.5M -16.0% | $-88.4M |
| Operating Income | $-689.6M -397.1% | $-138.7M +49.7% | $-275.6M -19.8% | $-230.0M -32.0% | $-174.3M -9.7% | $-158.8M |
| EPS (Diluted) | $-2.17 -47.6% | $-1.47 -83.7% | $-0.80 -56.9% | $-0.51 | $0.00 | $0.00 |
| Total Assets | $1.41B +159.3% | $544.7M +142.2% | $224.9M -35.5% | $348.6M +187.7% | $121.2M -48.3% | $234.4M |
| Operating Cash Flow | $-459.6M -323.0% | $-108.7M +40.7% | $-183.3M -23.3% | $-148.6M -49.9% | $-99.2M -109.9% | $-47.2M |
AI Insight: SMR Financial Trends
NuScale's operating cash burn accelerated to -$315M in Q1 2026 — the worst in the dataset — while revenue collapsed back to $1M, matching its weakest quarter.
• Revenue swung from a one-time $34M in Q4 2024 to just $1M in Q1 2026, with no sustained commercial activity evident across 8 quarters.
• Operating cash outflow surged from -$13M in Q3 2024 to -$315M in Q1 2026, a dramatic acceleration in cash consumption.
• Equity expanded sharply from $136M in Q2 2024 to $1,167M in Q1 2026, indicating repeated equity raises funding ongoing losses.
• Operating loss spiked to -$538M in Q3 2025 before partially receding to -$58M in Q1 2026, suggesting a large non-recurring charge.
⚠ Operating cash burn hit -$315M in Q1 2026 with near-zero revenue — runway depends entirely on continued equity raises.
⚠ No debt reported across all 8 quarters; watch for any debt issuance that could signal equity raise exhaustion.
⚠ Revenue visibility is critical — the absence of any recurring contract revenue after Q4 2024's $34M spike is a key inflection risk.
AI Insight: SMR Ratio Trends
NuScale remains deeply loss-making but return metrics show tentative improvement from mid-2024 lows, with ROE recovering from -81.0% in Q2 2024 to -15.1% in Q1 2026.
• ROE improved materially from -81.0% in Q2 2024 to -15.1% in Q1 2026, though still deeply negative.
• ROA followed a similar path, recovering from -48.2% in Q2 2024 to -15.3% in Q1 2026.
• ROIC improved from -61.0% on the TTM basis, but quarterly readings remain in the -19.7% to -24.9% range through Q1 2026.
⚠ Q3 2025 ROE spiked to -131.9%, suggesting a large one-off charge; recurrence risk warrants close monitoring.
⚠ Operating margin data is almost entirely absent; Q4 2024's sole reading of -34.6% leaves trend visibility very limited.
⚠ NPM data is sparse; Q1 2025's -104.7% reading underscores revenues remain insufficient to cover costs.
Get alerted when SMR's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for NUSCALE POWER Corp including:
Top Institutional Holders of SMR
BlackRock, Inc.
$139.3M12,849,132 shMIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
$124.1M11,452,161 shVANGUARD PORTFOLIO MANAGEMENT LLC
$118.7M10,948,169 shVANGUARD CAPITAL MANAGEMENT LLC
$116.3M10,732,371 shMarex Group plc
$98.6M9,098,178 shMORGAN STANLEY
$76.5M7,052,969 shJANE STREET GROUP, LLC
$66.6M6,141,800 shRENAISSANCE TECHNOLOGIES LLC
$59.1M5,455,800 shJANE STREET GROUP, LLC
$53.5M4,939,800 shSUSQUEHANNA INTERNATIONAL GROUP, LLP
$49.6M4,577,400 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $139.3M | 12,849,132 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $124.1M | 11,452,161 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $118.7M | 10,948,169 |
| VANGUARD CAPITAL MANAGEMENT LLC | $116.3M | 10,732,371 |
| Marex Group plc | $98.6M | 9,098,178 |
| MORGAN STANLEY | $76.5M | 7,052,969 |
| JANE STREET GROUP, LLC | $66.6M | 6,141,800 |
| RENAISSANCE TECHNOLOGIES LLC | $59.1M | 5,455,800 |
| JANE STREET GROUP, LLC | $53.5M | 4,939,800 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $49.6M | 4,577,400 |
More Industrials Companies
View all Industrials →Put SMR on your watchlist
Track score changes the day NUSCALE POWER Corp files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is SMR a good stock to buy?
13F Pro's AI-powered analysis of NUSCALE POWER Corp (SMR) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for SMR are available on the SMR stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own SMR?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling SMR. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of NUSCALE POWER Corp's investment landscape.