--- title: "NuScale Power falls on disappointing drop in Q1 sales" type: "News" locale: "en" url: "https://longbridge.com/en/news/285742576.md" description: "NuScale Power's shares fell after the company reported disappointing Q1 earnings, with revenue at $560,000, significantly below the $10.5 million estimate. The decline in sales is attributed to completed licensing and design deals. CEO John Hopkins emphasized the growing demand for reliable, carbon-free power, noting NuScale's unique position as the only SMR technology provider with an approved design. The company has $1.0 billion in cash and investments but has seen its stock drop over 25% year to date." datetime: "2026-05-08T14:30:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285742576.md) - [en](https://longbridge.com/en/news/285742576.md) - [zh-HK](https://longbridge.com/zh-HK/news/285742576.md) --- # NuScale Power falls on disappointing drop in Q1 sales Nuscale shares are dropping in the early trading session after it released Q1 earnings yesterday after the bell that are failing to rejuvenate any excitement in the once high-flying, early-stage nuclear energy company. The company announced Q1 revenue of just $560,000, well below the $10.5 million estimate, with sales down materially year over year thanks to old licensing and design deals that have since been completed. The lack of financial progress has made NuScale Power more of a momentum-driven way to play the intersection of clean energy and AI infrastructure, particularly as hyperscalers and data center operators search for long-term power sources. “The demand for reliable, carbon-free power has never been greater, and NuScale is the only SMR technology provider with a U.S. Nuclear Regulatory Commission approved design, an established supply chain and NPM components currently in production for commercial use to meet this essential need,” said John Hopkins, NuScale president and CEO. “We are building the infrastructure that this pivotal moment requires.” The company ended this quarter with cash, cash equivalents, and short- and long-term investments of $1.0 billion. The stock has dropped more than 25% year to date. ### Related Stocks - [SMR.US](https://longbridge.com/en/quote/SMR.US.md) - [SMUP.US](https://longbridge.com/en/quote/SMUP.US.md) ## Related News & Research - [Prediction: NuScale Power stock is a buy before 2027 due to this $1.75 trillion opportunity](https://longbridge.com/en/news/286646853.md) - [Cameco and NuScale seen as top picks in US nuclear push](https://longbridge.com/en/news/286755754.md) - [Dominion, NextEra Merge to Create a $67 Billion Electric Behemoth. History Tells Us This Is a Cautionary Tale.](https://longbridge.com/en/news/287073456.md) - [CARNEY SAYS VANCOUVER PORT AND SUPPORTING INFRASTRUCTURE LIKE ROADS, RAIL, AND AIRPORT MUST EXPAND.](https://longbridge.com/en/news/287093950.md) - [Tata Power, Druk Green ink pact for Bhutan's clean energy framework](https://longbridge.com/en/news/286736268.md)