Terrestrial Energy
Develops IMSR molten-salt plants for low-carbon power and industrial heat.
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Profile
Develops IMSR molten-salt reactor plants and intends to supply reactor systems, fuel, engineering, and construction-related services. The company pursues a model in which third-party developers own and operate the plants, making their financing and regulatory approvals central to deployment.
Develops the IMSR Plant, a small modular plant based on a proprietary molten-salt-reactor design. The intended output is low-carbon electricity and industrial heat; the company plans to provide reactor systems, fuel, engineering, and construction-related services rather than build, own, or operate the plants itself.
International market deployment is the stated goal. Engineering, early regulator engagement, supplier development, and commercial deployment define its public operating focus. The reported plant design was not approved or licensed for use at a U.S. or Canadian site, and deployment depends on third-party owner-operators arranging financing and required approvals.
Company facts
Key statistics
Year to date −22.1% · Average volume (30d) 1.6M
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 11, 2026Q2 FY26 | −$0.18 | −$0.09 | +48.6% | — | — | — | +4.04% |
| May 14, 2026Q1 FY26 | −$0.09 | −$0.10 | −11.1% | — | — | — | −10.43% |
| Mar 30, 2026Q4 FY25 | −$0.20 | −$0.39 | −95.0% | — | — | — | +8.68% |
Financial highlights
| 9 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | |
| Gross profit | $0 | $0 | $0 | −$1.2M | −$61.0K | −$145.0K | |
| Operating income | −$4.9M | −$5.2M | −$1.6M | −$21.0M | −$11.9M | −$11.7M | |
| Net income | −$5.7M | −$6.2M | $1.9M | −$31.2M | −$10.5M | −$9.4M | |
| Diluted EPS | −$0.06 | −$0.07 | $0.07 | −$0.30 | −$0.10 | −$0.09 | |
| Gross margin | — | — | — | — | — | — | |
| Operating margin | — | — | — | — | — | — |
Fiscal years (4-quarter sums)FY25 $0
Balance sheet, Jun 30, 2026Cash & short-term investments $273.5M · Total debt $3.9M · Total assets $289.9M · Shareholders' equity $281.7M
Dividends
No dividends on record.
Ownership
Shares outstanding 82.72M · Float 1.18M · 1.4% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Sella Roberto Marco · 10 percent owner | 12.42M | 15.02% | Form 4 | Jan 22, 2026 |
| Simon Irish · director, officer: Chief Executive Officer | 5.11M | 6.18% | Form 4 | Nov 7, 2025 |
| Shawn Matthews · director | 3.29M | 3.98% | Form 4 | Nov 13, 2025 |
| Exchange Traded Concepts, LLC | 2.09M | 2.53% | 13F | Apr 15, 2026 |
| Vanguard Capital Management LLC | 1.30M | 1.58% | 13F | May 15, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
- GE Vernova
BWRX-300 SMRs for utility-scale low-carbon generation
- NuScale Power
Modular nuclear plants for grid power and industrial heat
- X-energy
High-temperature SMRs and fuel for industrial and large-load demand
- Oklo
Advanced fast-fission powerhouses for clean firm power
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Terrestrial Energy | $5.11 | +0.49% | $421.9M | — | — | — | — |
| GE Vernova | $914.10 | +0.30% | $242.88B | 26.2 | 43.5 | 5.9 | +21.9% |
| NuScale Power | $9.28 | +0.05% | $2.77B | — | — | 259.1 | −99.1% |
| X-energy | $17.35 | +0.75% | $378.0M | — | — | 2.5 | — |
| Oklo | $40.35 | +0.57% | $6.98B | — | — | 5,771.9 | — |
| Median | 26.2 | 43.5 | 132.5 | −38.6% |