IMSR Stock — Terrestrial Energy Inc.

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Next earnings call

Feb 8, 2027 Est · unconfirmed · in 12 wks

Q2 2026 earnings call transcript

call held Aug 11, 2026

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Latest documents

what the company just published, in one sentence each

2026

Nov 10

Quarterly report 10-Q FY2026 Q3, ended Sep 30

Nine-month net loss rose 42%

Terrestrial Energy Inc. reported a 42% increase in net loss for the nine months ended September 30, 2026, alongside a $36,665 operating loss. It held $94,787 in cash and cash equivalents and $181,547 in short-term investments.

Net loss $11.03M Diluted EPS -$0.10

Read from the MD&A section

5 source passages

Terrestrial Energy Inc. is an advanced nuclear technology company developing the Integral Molten Salt Reactor nuclear plant, which uses the Company’s proprietary design of Generation IV reactor technology. **Nine months ended September 30,** | | | **2026** | | | | **2025** | | | | **Net Loss** | | **$** | (30,929) | | | **$** | (21,780) | | (9,149) | | 42 | % | For the nine months ended September 30, 2026 and 2025, the Company reported operating losses of $36,665 and $18,446, respectively, and negative cash flows from operations of $22,229 and $10,828, respectively. As of September 30, 2026, the Company had $94,787 in cash and cash equivalents and $181,547 in short-term investments. Open the document at this passage

Nov 10

Current report 8-K

Net loss of $11.0 million; Ameresco Army project secured

Terrestrial Energy Inc. reported a third quarter 2026 net loss of $11.0 million, ending with $276.3 million in cash and investments and no debt, and was selected as Ameresco, Inc.'s nuclear supplier for the U.S. Army's Aberdeen Proving Ground.

Financial results

3 source passages

Reported a net loss of $11.0 million, compared to a net loss of $9.4 million for the second quarter 2026. Ended third quarter with $276.3 million in Cash and Cash Equivalents and Short-term Investments, compared to $283.4 million at second quarter end, with total liabilities of $8.6 million and no debt. Selected as the advanced nuclear technology supplier for Ameresco, Inc.'s (NYSE: AMRC) power project at the U.S. Army's Aberdeen Proving Ground in Maryland, the second IMSR Plant project the Company has disclosed this year. Open the document at this passage

Nov 3

Registration statement S-3

Registers resale of up to 2,263,805 common shares

Terrestrial Energy Inc. registered up to 2,263,805 common shares for resale by a selling stockholder, representing approximately 2.7% of outstanding common stock as of October 26, 2026. The company would receive no proceeds from sales.

Read from the first part of this long document

3 source passages

This prospectus relates to the resale by the selling stockholder identified herein (the “Selling Stockholder”) of up to 2,263,805 shares (the “Shares”) of the common stock, par value $0.0001 per share (the “Common Stock”) of Terrestrial Energy Inc. In particular and pursuant to this registration statement, the Selling Stockholder can sell, under this prospectus, up to 2,263,805 shares of Common Stock, constituting approximately 2.7% of our outstanding Common Stock, as of October 26, 2026. We will not receive any proceeds from the sale of the Shares by the Selling Stockholder. Open the document at this passage

Nov 3

Registration statement S-3

Registers $500 million securities shelf and 2,310,937 CVR shares

Terrestrial Energy Inc. registered $500,000,000 of common stock, preferred stock, debt securities, warrants, rights and units for future sales, plus up to 2,310,937 common shares for former convertible note holders.

Read from the first part of this long document

3 source passages

$500,000,000 a base prospectus (the “Base Prospectus”) covering the offer, sale and issuance by Terrestrial Energy Inc., a Delaware corporation (the “Registrant”), from time to time, in one or more offerings, of shares of its common stock, par value $0.0001 per share (“Common Stock”), shares of its preferred stock, debt securities, warrants, rights and units, at prices and on terms to be determined at the time of each offering and set forth in one or more prospectus supplements a prospectus (the “CVR Prospectus”) covering the offer, sale and issuance by the Registrant of up to 2,310,937 shares of Common Stock to former holders of convertible notes issued by Terrestrial Energy Development, Inc., before its business combination with the Registrant. Open the document at this passage

Oct 27

Current report 8-K Events of Oct 21

Other events

Terrestrial Energy authorized a share repurchase program of up to $25 million, funded from cash on hand and expiring October 22, 2027.

All documents

Metrics snapshot

Useful current figures from the complete screener profile.

View all 125 metrics

Revenue (TTM)

—

Trailing 12 months

Net income (TTM)

−$37.17M

Trailing 12 months

Revenue growth YoY

—

Year over year

Operating margin

—

Trailing 12 months

P / E (TTM)

—

Trailing earnings

FCF yield

-10.2%

TTM · current market cap

Return on invested capital

—

Trailing 12 months

Net cash

$276.27M

Latest balance sheet

Dividend yield

—

Trailing 12 months

Shares change YoY

+60.5%

Year over year · more shares

Price change (1Y)

-78.3%

Trailing year

Short interest

8.5%

Latest settlement · 5.0 days to cover

View all 125 metrics

AI Brief

Q2 FY26 earnings call · Aug 11, 2026

Q2 FY26

TL;DR. Terrestrial Energy reported second-quarter 2026 progress across engineering, supply chain, and commercial pillars, including NRC approval of its PIE topical report, Texas A&M site control, and an MOU with Riot Platforms, while raising estimated lifetime revenue per IMSR plant to $2.7 billion from $2.1 billion at a 33% blended gross margin, lifting the 2050 serviceable addressable market to $2.3 trillion. The company posted a $9.4 million net loss with $6.4 million of cash burn and $283.4 million in cash and investments at quarter-end.

Bullish

+ Updated unit economics raise lifetime revenue per IMSR plant to $2.7B from $2.1B at 33% blended gross margin
+ Serviceable addressable market estimate raised to $2.3 trillion by 2050 from $1.9 trillion
+ NRC approved the PIE methodology topical report, advancing the IMSR licensing basis
+ Secured Texas A&M-RELLIS site with ground lease covering 77 acres to enable site characterization and NRC construction permit work
+ Signed MOU with Riot Platforms targeting up to 4 GW of IMSR generation, lifting pipeline indicative capacity to 7.8 GW
+ Strong liquidity with $283.4M in cash and investments and no debt

Bearish

− Net loss of $9.4M for the quarter
− Cash burn expected to rise in second half of 2026 as Texas A&M site work and testing programs scale
− G&A rose ~$700K sequentially driven by headcount-related and stock-based compensation increases

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Strong Sell

SellHoldBuy

Technical Sell Momentum Very Weak Sentiment Neutral Fundamentals Weak Quant / Vol Very High

Market backdrop VIX 19.3 · elevated Equity put/call 0.63

Technical

price trend

Sell

50 / 200-day cross No cross

Price vs 200-day avg −56%

below

Price vs 50-day avg −28%

below

RSI (14) 39

neutral

MACD trend Positive

52-week position 1%

near low

Momentum

relative strength

Very Weak

1-month return −14%

trailing

6-month return −68%

trailing

YTD return −57%

this year

Relative strength −69%

vs S&P · 6-mo

Sentiment

smart money

Neutral

Trend (MA cross) No cross

50d $4 › 200d $6 — 200d above 50d

Institutional flow Distributing

95 of 126 funds reported for Sep 30 · net -3.0M sh shares · +18 new

Insider flow Accumulating

Net +$112.3K over 90 days · 0% sells

Short interest Rising

8.52% of shares out · ▲ +11.2% MoM · 5.0 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

126 holders — near 1-yr high, broad support

Squeeze score 68

elevated · 0–100

Fundamentals

Weak

EPS growth −105%

Y/Y

Free cash flow $-17.5M

Balance sheet $97.1M

net cash

Quant / Vol

risk profile

Very High

Volatility 106%

annualized · 1-yr

Max drawdown −81%

past year

ATR 11.9%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Technicals

trend & momentum for long-term holders Sell

3 · 2 · 1

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−56% Bearish

Price vs 50-day avg

−28% Bearish

RSI (14)

39 Neutral

MACD trend

Positive Bullish

52-week position

1% Bearish

Market signals — smart money & positioning

Mixed

Trend (MA cross) No cross

50d $4 › 200d $6 — 200d above 50d

Institutional flow Distributing

95 of 126 funds reported for Sep 30 · net -3.0M sh shares · +18 new

Insider flow Accumulating

Net +$112.3K over 90 days · 0% sells

Short interest Rising

8.52% of shares out · ▲ +11.2% MoM · 5.0 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

126 holders — near 1-yr high, broad support

Price context

position in its 52-week range

Range low $3 Now $3 · 1% Range high $13

vs 200-day avg -56% vs 50-day avg -28%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Utilities - Regulated Electric — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
IMSR Terrestrial Energy Inc. this stock	$276.63M	-57.3%	—	—	8.5%
NEE Nextera Energy Inc	$177.50B	+6.0%	-7.1%	15.3	2.9%
SO Southern Co	$105.50B	+7.3%	+10.6%	21.4	2.7%
DUK Duke Energy CORP	$100.69B	+10.2%	+35.1%	18.9	2.3%
NGG National Grid PLC	$84.74B	+9.0%	—	—	0.1%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Reducing

Holders

130

% held: 31.1%
Reported: 95 of 126
Top holder: VANGUARD CAPITAL MANAGEME…

Held Float

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Held by Funds

Fund positions

27

View

Short & Settlement

Short Interest Rising

Shares short

9.0M

Days to cover: 5.0d
Change: +907.0K sh

View

Short Volume

Short vol %

44%

As of: Nov 13, 2026

Short Total

View

Fails to Deliver

FTD shares

377

Value: $1.2K
As of: Oct 14, 2026

View

Off-Exchange

Off-exchange %

45.9%

Week of: Oct 5, 2026

Off-exch Lit

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Smart Money

Insider Trades Cluster buy

Net (90d)

+$112.3K

Buyers / Sellers: 3 / 0

Buyers Sellers

View

Financials

Revenue (FY)

$248.4K

Net income (FY): $-28.0M
EPS diluted: $-0.39

View

Filings

SEC Filings

Latest

10-Q

Filed: Nov 10, 2026
This year: 22

Terrestrial Energy Inc. reported a 42% increase in net loss for the nine months ended September 30, 2026, alongside a $36,665 operating loss. It held $94,787 in cash and cash equivalents and $181,547 in short-term investments.

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Exempt Offerings

Offering

$85.3K

Filed: Mar 31, 2026

View

Earnings & Events

Webcasts

Last webcast

Nov 10, 2026

View

Investor Relations

	5D	20D	120D	MTD	YTD
IMSR	-8.1%	-14.4%	-68.4%	-18.9%	-57.3%
SPY	+2.6%	-1.2%	+0.5%	-0.2%	+10.6%
vs SPY	-10.7%	-13.3%	-68.9%	-18.8%	-67.9%

IMSR · Terrestrial Energy Inc.

Price & Indicators

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Latest documents

Metrics snapshot

AI Brief

Equibles Rating

Technicals

Key metrics

Versus peers

At a glance

Performance