Nuscale Power Corporation (SMR -0.21% ▼ ) has held its Q2 earnings call. Read on for the main highlights of the call.
The recent earnings call for NuScale Power Corporation conveyed a generally positive sentiment, underscored by significant advancements in regulatory approvals and revenue growth. However, the call also highlighted challenges such as rising operating expenses and project delays in Romania. Despite these hurdles, the company’s strategic partnerships and educational initiatives are bolstering its position in the Small Modular Reactor (SMR) market.
NRC Approval for 77-Megawatt Design
NuScale Power has achieved a significant milestone by receiving a second NRC approval for its 77-megawatt electric design. This accomplishment positions NuScale as the only SMR technology with such approvals, paving the way for closer steps towards commercialization.
Significant Revenue Increase
The company reported a substantial increase in revenue, reaching $8.1 million for Q2 2025, compared to $1 million in the previous year. This growth was primarily driven by fees from engineering and licensing work, showcasing the company’s expanding business operations.
Strong Liquidity Position
As of June 30, 2025, NuScale’s liquidity, including cash and investments, stood at $489.9 million. This strong liquidity position provides the company with a solid foundation to support its ongoing and future projects.
