Looking at the filing, I need to identify the key facts. This is a Form 10-Q for NuScale Power Corporation (NYSE:SMR) for the quarterly period ended September 30, 2026, filed November 5, 2026. The filing is a large accelerated filer with 410,568,229 Class A common shares and 19,332,018 Class B common shares outstanding as of October 30, 2026. The company develops small modular reactors (SMRs), specifically the NuScale Power Module (NPM). Key relationships include ENTRA1 Energy LLC (Partnership Milestones Agreement dated August 27, 2025), Fluor Enterprises, and the RoPower Doicești SMR project. The company acknowledges it "may continue to incur losses in the future."

NuScale Power Corporation filed its Form 10-Q with the U.S. Securities and Exchange Commission on November 5, 2026, covering the quarterly period ended September 30, 2026, disclosing share counts, business developments, and forward-looking risk factors related to its small modular reactor program.

Key Highlights

  • Share Count: As of October 30, 2026, the company had 410,568,229 Class A common shares and 19,332,018 Class B common shares outstanding, each at $0.0001 par value.
  • Filer Status: NuScale Power Corporation is classified as a large accelerated filer and is not a smaller reporting company or emerging growth company, according to the filing.
  • Key Partnership: The filing references a Partnership Milestones Agreement entered into by NuScale LLC and ENTRA1 Energy LLC on August 27, 2025, described in the glossary as the "PMA."
  • Core Technology: The company's principal product is the NuScale Power Module (NPM), a small modular reactor, with the Design Certification Application (DCA) and Standard Design Approval (SDA) referenced as key regulatory milestones.
  • Loss Risk Acknowledged: The filing states the company acknowledges the "possibility that we may continue to incur losses in the future and may not be able to achieve or maintain" profitability, among other risk factors.
  • Project Reference: Forward-looking statements in the filing reference the RoPower Doicești SMR project and a collaboration between ENTRA1 and Tennessee Valley Authority.

NuScale Power's Third-Quarter 2026 Disclosure: Share Position and Business Context

NuScale Power Corporation, headquartered at 1100 NE Circle Blvd., Suite 350, Corvallis, Oregon, filed its quarterly report with the SEC covering the period ended September 30, 2026. The company, listed on the New York Stock Exchange as NYSE:SMR, develops small modular reactor technology centered on its NuScale Power Module. The filing indicates NuScale Corp is a Delaware corporation and that its principal operating subsidiary is NuScale Power, LLC, an Oregon limited liability company.

According to the filing, the company had 410,568,229 Class A common shares outstanding as of October 30, 2026, alongside 19,332,018 Class B common shares. The Class B shares, the filing explains, carry "the right to one vote per share" but carry "no economic rights." NuScale is classified as a large accelerated filer for this reporting period. The filing confirms the company has submitted all required interactive data files electronically and has been subject to Exchange Act filing requirements for the past 90 days.

The filing references several active relationships and regulatory processes. NuScale LLC and ENTRA1 Energy LLC entered a Partnership Milestones Agreement on August 27, 2025, which the filing identifies by the abbreviation "PMA." Fluor Enterprises, Inc., described as "a California corporation, which is wholly owned by Fluor Corporation (NYSE: FLR)," is also identified as a named party in the glossary. The filing notes forward-looking statements touching on the RoPower Doicești SMR project and a collaboration between ENTRA1 and Tennessee Valley Authority, while cautioning that "actual results to differ materially from those expected and projected." The company's forward-looking statements include reference to the amount of time for which cash, cash equivalents, and short-term investment balances are expected to fund operations, though specific dollar figures are not included in the extracted portion of the filing provided.

What Was Disclosed

NuScale Power Corporation submitted its quarterly report for the period ended September 30, 2026, disclosing 410,568,229 Class A and 19,332,018 Class B shares outstanding, its large accelerated filer status, key partnerships including the ENTRA1 PMA, and risk factors associated with its small modular reactor development program.