IMSR · NASDAQ · Regulated Electric

Terrestrial Energy (IMSR)

Develops IMSR molten-salt plants for low-carbon power and industrial heat.

$4.64
vs last close+0.14 (+3.13%)
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Terrestrial Energy Inc.IMSR
Utilities

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

CEOSimon Irish
ListedOct 29, 2025
ExchangeNASDAQ
HeadquartersCharlotte, NC
CountryUnited States
Employees74
CIK0002019804
ISINUS8814541020

Market cap$372.2M
EPS (ttm)−$0.4643
P/E (ttm)−9.69
ROE-18.0%
P/B1.32
P/S
Dividend yieldDiv yield
Beta4.46vs XLU 0.15

No analyst consensus on record.

Next report
Nov 10, 26
estimated · in 49 days
EPS estimate
−$0.19
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Nov '25Mar '26May '26Aug '26Nov '26
Reported$0.07−$0.39−$0.10−$0.09Pending
Estimate−$0.20−$0.20−$0.09−$0.18−$0.19
Surprise+135.0%−95.0%−11.1%+48.6%

RevenueReportedEstimate

Nov '25Mar '26May '26Aug '26Nov '26
ReportedPending
Estimate
Surprise
Estimate−$0.19
ReportedDue Nov 10, 2026
Estimate
ReportedDue Nov 10, 2026
View details

Debt to equity1.40%
Current ratio4,453.00%

ProfitabilityRevenueNet incomeNet margin

Q2 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$125.0K$0$0$0$0$0$0$0
Net income−$3.7M$2.4M−$5.7M−$6.2M$1.9M−$31.2M−$10.5M−$9.4M
Net margin0.0%

GrowthOperating income

Q2 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$2.4M−$303.6K−$4.9M−$5.2M−$1.6M−$21.0M−$11.9M−$11.7M
YoY growthLoss widenedLoss widenedLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $273.5M · Total debt $3.9M · Total assets $289.9M · Shareholders' equity $281.7M

Revenue
$0
Operating income
−$11.7M
Net income
−$9.4M
View details

No dividends on record.

Institutions≈ 26.43%21.86M shares
123 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders25.38%20.99M shares
11 holders · as of Jan 22, 2026
Other≈ 48.19%39.86M shares
remainder

82.72M company shares as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Roberto Marco SellaInsider10 percent owner
15.02%12.42Mfiled Jan 22, 2026
Simon IrishInsiderdirector, officer: Chief Executive Officer
6.18%5.11Mfiled Nov 7, 2025
Vanguard Capital Management LLCInstitution
4.13%3.41Mas of Jun 30, 2026
Shawn MatthewsInsiderdirector
3.98%3.29Mfiled Nov 13, 2025
Exchange Traded Concepts, LLCInstitution
2.61%2.16Mas of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

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Compare

CompanyPriceChange
Terrestrial Energy$4.64+3.13%$372.2M
GE Vernova$953.51+0.77%$252.01B27.246.36.1+21.9%
NuScale Power$8.89+1.10%$2.62B245.5−99.1%
X-energy$16.31−0.35%$359.3M
Oklo$40.98+1.99%$6.99B5,777.7
Median27.246.3245.5−38.6%