Nuscale Power Operating Expenses Growth & History (SMR)
Nuscale Power's operating expenses was $701.0M for fiscal 2025.
View full Nuscale Power company overviewNuscale Power annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $701.0M | $530.2M | +310.34% |
| 2024 | 2024-12-31 | $170.8M | −$108.6M | −38.86% |
| 2023 | 2023-12-31 | $279.4M | $44.9M | +19.16% |
| 2022 | 2022-12-31 | $234.5M | $233.2M | +17567.19% |
| 2021 | 2021-12-31 | $1.3M | −$157.8M | −99.17% |
| 2020 | 2020-12-31 | $159.1M | — | — |
Nuscale Power quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $63.9M | $19.0M | +42.32% |
| Q1 2026 | 2026-03-31 | $57.5M | $15.2M | +35.95% |
| Q4 2025 | 2025-12-31 | $72.7M | $29.6M | +68.89% |
| Q3 2025 | 2025-09-30 | $541.1M | $499.9M | +1213.50% |
| Q2 2025 | 2025-06-30 | $44.9M | $2.9M | +6.83% |
| Q1 2025 | 2025-03-31 | $42.3M | −$2.3M | −5.13% |
| Q4 2024 | 2024-12-31 | $43.0M | −$28.8M | −40.06% |
| Q3 2024 | 2024-09-30 | $41.2M | −$52.7M | −56.14% |
| Q2 2024 | 2024-06-30 | $42.0M | −$14.2M | −25.21% |
| Q1 2024 | 2024-03-31 | $44.6M | −$12.9M | −22.49% |
| Q4 2023 | 2023-12-31 | $71.8M | −$36.4M | −33.63% |
| Q3 2023 | 2023-09-30 | $93.9M | $26.4M | +39.11% |
| Q2 2023 | 2023-06-30 | $56.2M | $2.5M | +4.61% |
| Q1 2023 | 2023-03-31 | $57.6M | $52.4M | +1018.28% |
| Q4 2022 | 2022-12-31 | $108.1M | $107.9M | +53491.89% |
| Q3 2022 | 2022-09-30 | $67.5M | $67.1M | +15197.01% |
| Q2 2022 | 2022-06-30 | $53.7M | $53.3M | +13842.65% |
| Q1 2022 | 2022-03-31 | $5.1M | $4.8M | +1621.15% |
| Q4 2021 | 2021-12-31 | $201,780 | — | — |
| Q3 2021 | 2021-09-30 | $441,400 | — | — |
| Q2 2021 | 2021-06-30 | $384,977 | — | — |
| Q1 2021 | 2021-03-31 | $299,060 | — | — |
Nuscale Power operating expenses trends
Over the last five fiscal years, Nuscale Power's operating expenses increased from $159.1M to $701.0M, a change of $541.9M. The latest reported quarter, Q2 2026, shows $63.9M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nuscale Power source filings ↗