IMSR net incomeQ2 2026-$9.40M
IMSR net income was -$9.40M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$6.25M a year earlier. For the full fiscal 2025 it was -$28.02M, compared with -$11.49M in fiscal 2024.
Terrestrial Energy Inc. (IMSR) financials
For the twelve months ended Jun 30, 2026, Terrestrial Energy Inc. reported -$49.21M of net income.
- Net income, TTM
- -$49.21M
- Cash
- $130.74M
- Market cap
- $234.6M
FY2024FY2025
FY2024FY2025
IMSR revenue and earnings growth
IMSR EPSQ2 2026-$0.09
IMSR diluted EPS was -$0.09 in fiscal Q2 2026 (ended Jun 30, 2026). For the full fiscal 2025 it was -$0.39, compared with -$0.19 in fiscal 2024.
IMSR free cash flowQ2 2026-$5.81M
IMSR free cash flow was -$5.81M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$4.49M a year earlier. For the full fiscal 2025 it was -$17.53M, compared with -$8.81M in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Revenue | - | $248.4K |
| Research and development | $9.77M | $5.18M |
| Selling, general and admin | $14.27M | $4.17M |
| Operating income | -$25.20M | -$10.35M |
| Pre-tax income | -$28.00M | -$11.46M |
| Income tax | $17.9K | $21.0K |
| Net income | -$28.02M | -$11.49M |
| EPS, basic | -$0.39 | -$0.19 |
| EPS, diluted | -$0.39 | -$0.19 |
| Diluted shares | 71.6M | 60.4M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash and equivalents | $97.16M | $3.02M |
| Short-term investments | $200.63M | - |
| Current assets | $299.56M | $3.29M |
| Total assets | $302.98M | $5.33M |
| Current liabilities | $5.92M | $1.10M |
| Total liabilities | $7.57M | $18.82M |
| Shareholders' equity | $295.41M | -$13.49M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Operating cash flow | -$16.47M | -$8.20M |
| Capital expenditures | $1.06M | $607.9K |
| Free cash flow | -$17.53M | -$8.81M |
| Investing cash flow | -$200.64M | -$662.3K |
| Financing cash flow | $311.39M | $7.25M |
| Stock-based compensation | $3.10M | $670.2K |
| Depreciation and amortization | $1.16M | $1.26M |
Key ratios
Income statement
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Sep 30, 2024 | Jun 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Research and development | $3.50M | $4.57M | - | - | $1.44M | $1.41M | - | - |
| Selling, general and admin | $8.03M | $7.30M | $10.04M | $1.64M | $3.53M | $3.29M | $278.5K | $52.7K |
| Operating income | -$11.67M | -$11.93M | -$20.97M | -$1.64M | -$5.17M | -$4.88M | -$278.5K | -$52.7K |
| Pre-tax income | -$9.32M | -$10.47M | - | - | -$6.25M | -$6.25M | - | - |
| Income tax | $78.0K | $37.0K | - | - | $0 | $0 | - | - |
| Net income | -$9.40M | -$10.50M | -$31.24M | $1.93M | -$6.25M | -$6.25M | $1.07M | -$52.7K |
| EPS, basic | -$0.09 | -$0.10 | - | - | -$0.10 | -$0.10 | - | -$0.02 |
| EPS, diluted | -$0.09 | -$0.10 | - | - | -$0.10 | -$0.10 | - | -$0.02 |
| Diluted shares | 105.9M | 105.9M | - | - | 63.2M | 63.2M | - | - |
Balance sheet
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Sep 30, 2024 | Jun 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $130.74M | $76.95M | $97.16M | $350.4K | $32.38M | $11.32M | $825.1K | - |
| Short-term investments | $142.78M | $198.02M | $200.63M | - | - | - | - | - |
| Current assets | $274.79M | $276.74M | $299.56M | $461.7K | $289.8K | $683.0K | $1.02M | $5.0K |
| Total assets | $289.87M | $295.17M | $302.98M | $243.10M | $240.43M | $238.37M | $233.59M | $377.4K |
| Current liabilities | $6.17M | $5.05M | $5.92M | $4.28M | $2.48M | $1.40M | $374.9K | $405.0K |
| Short-term debt | - | - | - | - | - | - | - | $153.1K |
| Total liabilities | $8.21M | $6.57M | $7.57M | $15.00M | $14.25M | $12.79M | $11.09M | $405.0K |
| Shareholders' equity | $281.65M | $288.60M | $295.41M | -$14.54M | -$23.27M | -$17.80M | -$10.00M | -$27.7K |
Cash flow
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Sep 30, 2024 | Jun 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$5.70M | -$9.09M | -$15.42M | $5.83M | -$4.13M | -$2.76M | - | - |
| Capital expenditures | $108.0K | $53.0K | - | - | $363.0K | $163.0K | - | - |
| Free cash flow | -$5.81M | -$9.15M | - | - | -$4.49M | -$2.92M | - | - |
| Investing cash flow | $59.96M | -$11.51M | - | - | -$368.0K | -$184.0K | - | - |
| Financing cash flow | -$9.0K | $149.0K | $310.66M | -$35.96M | $25.75M | $10.95M | - | - |
| Stock-based compensation | $2.89M | $2.76M | - | - | $214.0K | $180.0K | - | - |
| Depreciation and amortization | $145.0K | $61.0K | - | - | $198.0K | $181.0K | - | - |
Key ratios
Source: XBRL data Terrestrial Energy Inc. files with the SEC, latest filing dated Aug 11, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
IMSR peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| IMSR | - | - | -$49.21M | - | $234.6M |
| PH | $22.41B | +11.9% | $3.72B | 16.6% | $115.74B |
| HWM | $9.73B | +22.0% | $2.05B | 21.1% | $81.84B |
| RS | $17.37B | +24.7% | $1.11B | 6.4% | $21.24B |
| RBC | $2.02B | +17.4% | $354.40M | 17.5% | $15.02B |
| CR | $2.76B | +21.5% | $342.00M | 12.4% | $11.63B |
| WTS | $2.79B | +18.7% | $447.00M | 16.0% | $11.56B |
| MLI | $5.00B | +20.8% | $863.59M | 17.3% | $11.54B |
| GNRC | $4.62B | +6.1% | $301.26M | 6.5% | $10.43B |
IMSR FAQ
4 questionsIs IMSR profitable?
No. Terrestrial Energy Inc. reported a net loss of $49.21M for the twelve months ended Jun 30, 2026.How much cash and debt does IMSR have?
Terrestrial Energy Inc. reported $130.74M in cash and cash equivalents on its most recent balance sheet in SEC filings.When did IMSR last report financial results?
The latest statements here come from Terrestrial Energy Inc.'s 10-Q filed on Aug 11, 2026, covering the period ended Jun 30, 2026.Where does this IMSR financial data come from?
Quantisnow builds these statements from the structured XBRL data Terrestrial Energy Inc. files with the SEC. It is provided for information only and is not investment advice.