NUSCALE POWER Corp.
- SMR · NYSE
- Fabricated Plate Work (Boiler Shops)
- Corvallis, OR
- 428 employees
- CIK 0001822966
Updated from SEC filings through
Top things to know
Executives
-
John Lawrence Hopkins Chief Executive Officer 4, 2026-03-03 - Robert Ramsey Hamady Chief Financial Officer 4/A, 2026-09-11
-
Carl M. Fisher Chief Operating Officer 4, 2026-08-06 - Carl Fisher Chief Operating Officer DEF 14A, 2026-04-15
-
David A. Tonnel Chief Accounting Officer 4, 2026-03-26 -
Clayton Scott Chief Commercial Officer 4, 2026-03-03
What leadership is saying
“This was a significant quarter for NuScale as we progressed from development to physical production of our first commercial NuScale Power Module”
Earnings press release (8-K Ex. 99.1), filed November 5, 2026
NUSCALE POWER Corp is a U.S. public company in fabricated plate work (boiler shops) (SIC 3443), headquartered in Corvallis, OR. It trades as SMR on NYSE. Revenue was $31.5M in the fiscal year ending December 31, 2025, -15.0% from the year before. It reported about 428 employees. John Lawrence Hopkins is Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $31.5M 10-K, 2026-02-26 | $37.0M 10-K, 2026-02-26 | $22.8M 10-K, 2026-02-26 | $11.8M 10-K, 2025-03-03 | $2.9M 10-K, 2024-03-15 |
| Operating income | -$690M 10-K, 2026-02-26 | -$139M 10-K, 2026-02-26 | -$276M 10-K, 2026-02-26 | -$230M 10-K, 2025-03-03 | -$174M 10-K, 2024-03-15 |
| SG&A | $610M 10-K, 2026-02-26 | $75.9M 10-K, 2026-02-26 | $65.4M 10-K, 2026-02-26 | $55.3M 10-K, 2025-03-03 | $38.7M 10-K, 2024-03-15 |
| Net income | -$356M 10-K, 2026-02-26 | -$137M 10-K, 2026-02-26 | -$58.4M 10-K, 2026-02-26 | -$25.9M 10-K, 2025-03-03 | -$102M 10-K, 2024-03-15 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| John Lawrence Hopkins Chairman and Chief Executive Officer at NuScale Power | Chief Executive Officer | 4, 2026-03-03 |
| Robert Ramsey Hamady | Chief Financial Officer | 4/A, 2026-09-11 |
| Carl M. Fisher Chief Operating Officer | Chief Operating Officer | 4, 2026-08-06 |
| Carl Fisher | Chief Operating Officer | DEF 14A, 2026-04-15 |
| David A. Tonnel Global Senior Finance Executive | Controller | Chief Accounting Officer | Energy Executive | Board Member | M&A, JVs, IPOs | Organic Growth | Financial Stewards | Chief Accounting Officer | 4, 2026-03-26 |
| Clayton Scott Chief Commercial Officer | Chief Commercial Officer | 4, 2026-03-03 |
| Jose N. Reyes Jr NuScale Power | Chief Technology Officer | 4, 2026-03-03 |
| William J. Cooper | Chief Legal Officer/ Secretary | 4, 2026-03-03 |
| David Tonnel | Chief Accounting Officer | 10-K, 2026-02-26 |
| James D. Canafax | Chief Legal Officer | 4, 2025-10-22 |
| John L. Hopkins | Board member (per proxy) bio: Director | DEF 14A, 2026-04-15 |
| Stuart A. Harshaw | Board member (per proxy) bio: director | DEF 14A, 2026-04-15 |
| Alan L. Boeckmann | Chairman and Director | 10-K, 2026-02-26 |
| Alvin C. Collins, III | Director | 10-K, 2026-02-26 |
| Bum Jin Chung | Director | 10-K, 2026-02-26 |
| Diana J. Walters | Director | 10-K, 2026-02-26 |
What NUSCALE POWER Corp does
NuScale is redefining nuclear power through the development of proprietary and innovative SMR technology that the Company believes will deliver safe, scalable, cost-effective and reliable carbon-free power. The Company’s core technology, the Light Water Nuclear Reactor NuScale Power Module™ (“NPM”), can generate 77 MWe and is premised on well-established nuclear technology principles, with a focus on the integration of components, simplification or elimination of systems and use of passive safety features.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Public float | $5.3B (as of June 30, 2025) | 10-K, February 26, 2026 |
|---|---|---|
| Reportable segments | 1 (period ending September 30, 2026) | 10-Q, November 5, 2026 |
| Latest proxy statement | Meeting April 15, 2026 (filed April 15, 2026) | DEF 14A, April 15, 2026 |
| Auditor | Ernst & Young LLP (Houston, Texas) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| October 1, 2026 | Robert Ramsey Hamady Chief Financial Officer | Sale | 20,000 | $158K | Form 4, October 5, 2026 |
| August 27, 2026 | Robert Ramsey Hamady Chief Financial Officer | Sale | 29,880 | $281K | Form 4, August 28, 2026 |
| August 18, 2026 | Shinji Fujino Director | Sale | 20,000 | $177K | Form 4, August 20, 2026 |
| August 5, 2026 | Carl M. Fisher Chief Operating Officer | Sale | 18,771 | $176K | Form 4, August 6, 2026 |
| June 30, 2026 | Robert Ramsey Hamady Chief Financial Officer | Sale | 20,000 | $203K | Form 4, July 1, 2026 |
| April 21, 2026 | Corp Fluor Director | Sale | 13,500,000 | $159M | Form 4, April 23, 2026 |
| April 15, 2026 | Corp Fluor Director | Sale | 12,936,472 | $150M | Form 4, April 17, 2026 |
| April 9, 2026 | Corp Fluor Director | Sale | 13,500,000 | $163M | Form 4, April 13, 2026 |
Recent 8-K events
- 8-K filed 2026-11-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-08-11
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2026-08-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-02
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-07
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-08
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-02-26
- Item 1.01 Entry into a material definitive agreement
- Item 1.02 Termination of a material definitive agreement
- 8-K filed 2026-02-26
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-01-27
- Item 7.01 Regulation FD disclosure
- 8-K filed 2025-12-17
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- Item 5.07 Submission of matters to a vote of security holders
Frequently asked questions about NUSCALE POWER Corp
- What does NUSCALE POWER Corp do?
- In its own words, from Item 1 of its 10-K: "NuScale is redefining nuclear power through the development of proprietary and innovative SMR technology that the Company believes will deliver safe, scalable, cost-effective and reliable carbon-free power. The Company’s core technology, the Light Water Nuclear Reactor NuScale Power Module™ (“NPM”), can generate 77 MWe and is premised on well-established nuclear technology principles, with a focus on the integration of components, simplification or elimination of systems and use of passive safety features."
- What is NUSCALE POWER Corp's revenue?
- $31.5M for the fiscal year ending December 31, 2025, from its 10-K filed February 26, 2026.
- Is NUSCALE POWER Corp profitable?
- NUSCALE POWER Corp reported net income of -$356M for the fiscal year ending December 31, 2025.
- How many employees does NUSCALE POWER Corp have?
- About 428 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of NUSCALE POWER Corp?
- John Lawrence Hopkins, Chief Executive Officer, as named in a 4 filed March 3, 2026.
- Who is the CFO of NUSCALE POWER Corp?
- Robert Ramsey Hamady, Chief Financial Officer, as named in a 4/A filed September 11, 2026.
- Where is NUSCALE POWER Corp headquartered?
- Corvallis, OR.
- What is NUSCALE POWER Corp's stock ticker?
- SMR on NYSE.
- What industry is NUSCALE POWER Corp in?
- Fabricated Plate Work (Boiler Shops), SIC code 3443.
- What is NUSCALE POWER Corp's website?
- nuscalepower.com.
- When does NUSCALE POWER Corp report earnings next?
- February 1, 2027. Source: estimate_8k_pattern.
- Is NUSCALE POWER Corp a public company?
- Yes. NUSCALE POWER Corp files with the SEC under CIK 0001822966 and trades as SMR.
- Who audits NUSCALE POWER Corp?
- Ernst & Young LLP, Houston, Texas, as named in its latest annual report (10-K).
- What is NUSCALE POWER Corp's public float?
- $5.3B as of June 30, 2025, as reported on the cover of its 10-K filed February 26, 2026.
- How many business segments does NUSCALE POWER Corp report?
- 1 reportable segment for the period ending September 30, 2026, from its 10-Q filed November 5, 2026.
- When is NUSCALE POWER Corp's annual shareholder meeting?
- April 15, 2026, per its proxy statement (DEF 14A) filed April 15, 2026.
- Have NUSCALE POWER Corp insiders traded stock recently?
- Since August 5, 2025, officers and directors reported 27 open-market sales worth about $2.4B and 0 purchases on Forms 4 and 5. The most recent: Robert Ramsey Hamady (Chief Financial Officer) sold 20,000 shares on October 1, 2026.