How did NuScale Power's revenue and expenses trend in Q4 2024?
5/9/2025 09:23am
NuScale Power's revenue and expenses in Q4 2024 showed a positive trend in revenue with a slight increase in costs.
1. **Revenue Trend**: The company's revenue for the quarter was $36.16 million, which is a positive figure indicating that NuScale Power generated income during the period. However, it's important to note that the revenue figure is for the Power Plant and NPM Related Services segment, with additional segments reporting $473,000 and $411,000 in revenue, respectively.
2. **Cost Trend**: The Cost of Goods Sold (COGS) was $3.06 million, representing a 1.93% increase from the previous period. This suggests that NuScale Power incurred slightly higher costs to generate the revenue. The Operating Expenses for the quarter are not provided, but the absence of a decrease in COGS compared to the previous period implies that these expenses may have remained stable or increased slightly.
3. **Overall Financial Health**: The fact that NuScale Power reported positive revenue and only a slight increase in COGS suggests a stable financial performance for the quarter. However, the absence of information on Operating Expenses prevents a comprehensive assessment of the company's overall financial health.