NuScale Power 2025 Q1 Earnings Revenue Soars 869.9%

NuScale Power (SMR) reported its fiscal 2025 Q1 earnings on May 12th, 2025. The company posted quarterly revenue of $13.4 million, significantly surpassing analyst expectations of $4.26 million, driven by the FEED Phase 2 project and the Technology License Agreement for the RoPower Doicești power plant. NuScale maintained its guidance for the 2030 commercial deployment target, remaining on track for the NRC's Standard Design Approval by July 2025. The company's continued manufacturing advancements and strong financial position support this outlook.

Revenue
The total revenue for NuScale Power surged 869.9% in Q1 2025, reaching $13.38 million compared to $1.38 million in the same quarter of 2024. Power Plant and NPM-related services were the primary contributors, generating $12.97 million, while the Energy Exploration Centers added $372,000. The 'Other' segment provided an additional $34,000, culminating in the total revenue figure.

Earnings/Net Income
NuScale Power reduced its net loss to $30.39 million in Q1 2025, a 36.8% improvement from a $48.08 million loss in Q1 2024. The EPS loss narrowed from $0.21 to $0.11 per share, reflecting an encouraging trend in financial performance despite ongoing challenges.

Price Action
The stock price of NuScale Power fell by 3.58% during the latest trading day, rose by 3.97% over the past week, and increased by 10.77% month-to-date.

Post-Earnings Price Action Review
The strategy of purchasing SMR shares when revenues fall short and holding them for 30 days has yielded substantial results, boasting a return of 113.17% and a Sharpe ratio of 0.27. These figures suggest favorable risk-adjusted returns. However, the strategy entails considerable risk, as evidenced by a maximum drawdown of -86.35%, which necessitates a tolerance for high volatility and a long-term investment perspective for those considering this approach.

CEO Commentary
"In the first quarter, NuScale continued to take proactive steps to build on our leadership as the first and only SMR provider to receive NRC design approval," said John Hopkins, President and CEO of NuScale Power. He highlighted the progress with 12 modules in the manufacturing process, emphasizing the readiness of the supply chain to meet the 2030 delivery target. The CEO noted advanced discussions with various sectors, including data centers and utilities, and expressed excitement for the opportunities this year, reinforcing the company's commitment to delivering reliable, carbon-free energy.

Guidance
NuScale Power anticipates achieving its 2030 target for commercial deployment, with plans to maintain the schedule for Standard Design Approval from the NRC by July 2025. The company expects continued advancement in manufacturing preparedness and supply chain readiness. There are ongoing discussions with potential customers across multiple sectors, which position NuScale to capitalize on growth opportunities in the market.

Additional News
NuScale Power has actively advanced its commercialization efforts, marked by strategic engagements with potential industrial and governmental customers. Notably, the company is in discussions with RoPower for a significant project involving small modular reactors in Romania, signaling potential new market entries. The company further strengthened its financial position by selling 4.5 million shares through its At-The-Market program, generating $102.4 million in proceeds. These initiatives reflect NuScale's commitment to expanding its market presence and enhancing its financial foundation, aligning with its long-term strategic goals.