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NuScale Power (SMR) backlog: remaining performance obligations

How much revenue NuScale Power already has under contract, how fast it converts, and who it is with.

Data as of .

NuScale Power backlog history

$0$10M$20M$30MDec 2024Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
31 Dec 2024$5.00M$37.0M0.1 yrs$800,000

Questions

What is NuScale Power's backlog?
NuScale Power reported $5.00M of remaining performance obligations at 31 Dec 2024. That is 0.1 years of trailing revenue already under contract.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.