NuScale Power Shares Rise 7% on Narrower Q2 Loss, Revenue Up Y/Y

Core Insights - NuScale Power shares have increased by 7.2% following the release of its second-quarter 2025 results, driven by strong revenue growth and early NRC approval for its 77 MWe SMR design [1][3] - The company reported a loss per share of 13 cents, an improvement from the 31 cents loss in the same quarter last year, although it missed the Zacks Consensus Estimate by 8.33% [1][9] - Revenues for the quarter reached $8.1 billion, a significant increase of 733% from $967 million in the prior-year quarter, but also fell short of the Zacks Consensus Estimate by 11.15% [2] Revenue and Growth - The year-over-year revenue increase was primarily attributed to higher fees from engineering, licensing, and pre-commercial operational services related to the RoPower project [2][9] - For the third quarter of 2025, the Zacks Consensus Estimate for loss is projected at 11 cents per share, unchanged over the past 30 days, with expected revenues of $11.10 million, indicating a year-over-year increase of 2,260.64% [7] Operating Performance - The gross margin for the second quarter of 2025 improved to 22.1% from 12.1% in the same quarter of 2024 [4] - Operating expenses rose by 6.8% year over year to $44.86 million, while research and development expenses decreased by 2.7% to $11.8 million [4] - The company reported a loss from operations of $43.08 million, slightly higher than the $41.8 million loss in the prior-year quarter [5] Balance Sheet - As of June 30, 2025, NuScale Power had cash and cash equivalents and short-term investments totaling $420.7 million, down from $521.4 million as of March 31, 2025 [6] Market Performance - Year to date, NuScale Power shares have appreciated by 119.5%, significantly outperforming the Zacks Computer & Technology sector's return of 13.8% [3]