NuScale reports Q2 2026 results, still chasing binding TVA deal

NuScale Power reported Q2 2026 revenue of $75,000, down sharply from $8.05M a year earlier after completion of RoPower FEED Phase 2 work, with net loss widening to $50.1M from $37.6M. The company ended the quarter with about $1.9 billion in cash, cash equivalents and investments, up roughly $900M from Q1, while its exclusive commercialization partner ENTRA1 Energy continues discussions with the Tennessee Valley Authority toward a definitive power purchase agreement for a potential 6 GW deployment that management still hopes to sign by year-end 2026.