Company / R&D Expense
NUSCALE POWER Corp R&D Expense History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$45.5M
FY2025
5-year range
$45.5M / $156.1M
FY2021-FY2025
Trend
-2.7%
vs FY2024
Sector context
#107 of 167
Industrials
What the data says
At $46M, NUSCALE POWER Corp's r&d expense ranks #107 of 167 in the Industrials sector. Declined from $156M to $46M over the past 2 years.
Based on SEC 10-K filings.
$46M in FY2025 with a 5-year CAGR of -13.7%.
Declined from $156M to $46M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -29.1%
- 5-Year CAGR
- -13.7%
- 10-Year CAGR
- -
Sector benchmark
#107 of 167 in IndustrialsTop 64% of 167This company $45.5M Sector average $283.8M
▼
-84.0% below sector average
Key checks
Key Insights
- 5-year CAGR of -13.7%, indicating a declining trend.
- In FY2025, r&d expense decreased 2.7% year-over-year.
- Ranks #107 out of 167 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2023.
Company context
Key Data Points
- Low Piotroski F-Score: 0/9 (multiple financial health concerns)
- Altman Z-Score 0.58 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $45.5M | -2.7% |
| FY2024 | $46.8M | -70.0% |
| FY2023 | $156.1M | +22.2% |
| FY2022 | $127.7M | +35.3% |
| FY2021 | $94.4M | -0.9% |
| FY2020 | $95.3M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026