NUSCALE POWER CORPORATION (SMR) Financial Analysis — Fisclear

Valuation

Fabricated Plate Work (Boiler Shops)

Live · Yahoo Finance

Price

$10.64

52-Week Range

$8.85$10.64 now$57.42

Decision Context

Below-average scores in Quality, Efficiency, Cashflow. The data points to fundamental challenges that outweigh near-term macro considerations.

Based on filing period ending Mar 2026

FisclearScore is a quantitative model using public financial data and sector median benchmarks (refreshed monthly). Not financial advice. Always conduct independent due diligence.

SMR vs

Macro Context

Fed Funds Rate

3.64%

Accommodative

10-Year Treasury

4.32%

2026-04-01

Unemployment

4.3%

Near full employment

CPI Index

332.4

2026-04-01

M2 Money Supply

$22.7T

2026-03-01

The Federal Funds rate stands at 3.64% — a moderately elevated rate environment that raises borrowing costs across the economy; 10-year Treasury yields are at 4.32%, setting the benchmark for long-term corporate borrowing; Unemployment stands at 4.3%; Industrial production index is at 101.8; M2 money supply is $22.7T; CPI index stands at 332.4.

SWOT Analysis — SMR

Inflationary Boom

Macro lens (Inflationary Boom): Rising costs and tighter margins amplify financial risks in this regime.

✦

Strengths

Total Assets: $1.4B (+159.3% YoY) — Total assets grew 159% — the company's resource base expanded.

◈

Weaknesses

Operating Cash Flow: -$459.6M (-323.0% YoY) — Negative operating cash flow — the business consumed more cash than it produced from operations.
Net Income: -$355.8M (-160.4% YoY) — The company posted a net loss — total expenses exceeded total revenue.
Gross Profit: $11.4M (-64.4% YoY) — Gross profit declined 64% — costs are growing faster than revenue.
EPS (Diluted): $-2.17 (-47.6% YoY) — Negative EPS — the company recorded a loss on a per-share basis.
R&D spending is 145% of revenue — heavy investment in future growth, but also a drag on current profitability.

◎

Opportunities

No clear opportunities identified at this time.

⚠

Threats

Revenue fell 15% year-over-year — a sharp decline that signals the business is contracting significantly.
Net loss of $355.8M — the company spent more than it earned. Investors should monitor the path to profitability.
Negative operating cash flow of $459.6M — the core business consumed more cash than it generated.
Gross margin compressed by 50.4pp — input costs or pricing pressure is eroding profitability on each dollar of revenue.
Stock is within 10% of its 52-week low (8.85) — the market may be pricing in significant risk or sector weakness.

Financial Charts

Revenue vs Net Income

Gross Profit vs Operating Income

Margin Trend

Operating Cash Flow

Year-over-Year Changes

Operating Cash Flow

-$459.6M

was -$108.7M

−323.0%

Negative operating cash flow — the business consumed more cash than it produced from operations.

Net Income

-$355.8M

was -$136.6M

−160.4%

The company posted a net loss — total expenses exceeded total revenue.

Total Assets

$1.4B

was $544.7M

+159.3%

Total assets grew 159% — the company's resource base expanded.

Gross Profit

$11.4M

was $32.1M

−64.4%

Gross profit declined 64% — costs are growing faster than revenue.

EPS (Diluted)

$-2.17

was $-1.47

−47.6%

Negative EPS — the company recorded a loss on a per-share basis.

Risk Flags

3 high · 2 medium · 1 low

⚠ High
Revenue fell 15% year-over-year — a sharp decline that signals the business is contracting significantly.
⚠ High
Net loss of $355.8M — the company spent more than it earned. Investors should monitor the path to profitability.
⚠ High
Negative operating cash flow of $459.6M — the core business consumed more cash than it generated.
◈ Medium
Gross margin compressed by 50.4pp — input costs or pricing pressure is eroding profitability on each dollar of revenue.
◈ Medium
Stock is within 10% of its 52-week low (8.85) — the market may be pricing in significant risk or sector weakness.
○ Low
R&D spending is 145% of revenue — heavy investment in future growth, but also a drag on current profitability.