Is NuScale Power (SMR) One of the Best Uranium Stocks to Buy Despite a Revenue Decline?
Key takeaways
- Is Nu Scale Power (SMR) One of the Best Uranium Stocks to Buy Despite a Revenue Decline?
- According to management, the revenue collapse was a timing issue.
- The results also showed that the company posted a net loss of $0.14 per share against the $0.11 loss per share in Q1 FY2025.
Is Nu Scale Power (SMR) One of the Best Uranium Stocks to Buy Despite a Revenue Decline? Neha Gupta Fri, May 15, 2026 at 10:47 PM GMT+7 2 min read SMR FLR Nu Scale Power Corporation (NYSE:SMR) is one of the best uranium stocks to buy according to Wall Street analysts. On May 7, Nu Scale Power Corporation (NYSE:SMR) reported its Q1 FY2026 financial results, posting revenue of just $565,000. This was a massive decline from the $13.4 million recorded in Q1 2025.
According to management, the revenue collapse was a timing issue. That is, in Q1 FY2025, the company recognized a one-time $7.3 million payment from its Romanian partner RoPower under a technology license agreement. There were also substantial engineering fees from Fluor’s Front-End Engineering and Design, or FEED, Phase 2 work supporting the Romania project. Neither of these had a comparable equivalent in Q1 FY2026 as both programs concluded in late 2025.
The results also showed that the company posted a net loss of $0.14 per share against the $0.11 loss per share in Q1 FY2025. Management explained that this wider loss emanated from higher operating costs as the company ramps up commercial activities. Also, total operating losses deepened to $57.5 million from $35.3 million a year ago, and these were driven by R&D expenses, which rose $3.7 million, G&A costs, which crept up $1.6 million due to higher headcount and organizational expenses, and a catch-all “other expenses” line, which jumped $10 million because more engineering staff were deployed on internal project readiness work rather than billable commercial projects.