Terrestrial Energy reports 2025 net loss of $28M, cash $298M; IMSR project milestones advanced

Terrestrial Energy Inc. /DE/

Net loss of $28M for full year 2025, up $17M YoY from $11M, driven by higher R&D (+$5M) and G&A (+$10M).
Cash and short-term investments $298M at Dec 31, 2025; business combination raised ~$292M gross proceeds.
Texas A&M selected IMSR for commercial plant at RELLIS campus; DOE awarded two pilot projects (TETRA and TEFLA).
NRC accepted IMSR Principal Design Criteria including inherent reactor power control mechanism.
105.8M shares outstanding (81.8M common + 24.0M exchangeable) as of Dec 31, 2025.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Terrestrial Energy Inc. /DE/ reported the fourth quarter and full year ended December 31, 2025 results: net income $28 million Net Loss.

Period: the fourth quarter and full year ended December 31, 2025
Net income: $28 million Net Loss
Result: reported results

Exact text from the filing

The Company reports a $28 million Net Loss for 2025

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51 earnings releases filed in the last 30 days. Browse all earnings releases →

Terrestrial Energy Inc. /DE/ filing history →

Source: SEC EDGAR

accession 0001104659-26-036467

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