Terrestrial Energy Q3 net loss widens 19% year-over-year to $11.03 million
IMSR•Terrestrial Energy’s third-quarter 2026 net loss widened 19% year over year to $11.03 million, while operating expenses rose 56% to $13.06 million. Quarter-end cash, cash equivalents and short-term investments totaled $276.3 million, and a subsequent share repurchase program authorized up to $25 million.
1. Quarterly results
Terrestrial Energy’s third-quarter 2026 net loss widened 19% year over year to $11.03 million, and operating expenses rose 56% to $13.06 million. The company had $276.3 million in cash, cash equivalents and short-term investments at quarter-end. A subsequent share repurchase program authorized up to $25 million.
2. Army project selection
Ameresco selected Terrestrial Energy’s nuclear technology for a U.S. Army power project at Aberdeen Proving Ground, expanding the company’s commercial pipeline into defense.
