Terrestrial Energy Q2 net loss $9.4M; NRC approves PIE methodology, lifetime revenue per plant raised to $2.7B

Terrestrial Energy Inc. /DE/

Net loss of $9.4M for Q2 2026, improved from $10.5M in Q1; cash burn $6.4M, down $1.5M QoQ.
NRC approved Postulated Initiating Events Topical Report, adding to IMSR licensing basis; PDC already approved.
Raised estimated lifetime revenue per IMSR plant to $2.7B from $2.1B, blended gross margin 33%; SAM $2.3T by 2050.
Signed ground lease and research agreements with Texas A&M for 77 acres at RELLIS; MOU with Riot Platforms to co-locate IMSR plants.
Ended Q2 with $283.4M cash; 105.9M shares outstanding; appointed Kathy McCarthy to board, Pamela Cowan as EVP Engineering.

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