The Inventing Press

Terrestrial Energy Inc. /DE/

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23
Income Statement
Revenue$248,357
Research and development$9.8M$5.2M
Operating expenses$25.2M$10.6M
Operating income-$25.2M-$10.4M
Pretax income-$28.0M-$11.5M
Income tax expense$17,950$20,965
Net income-$28.0M-$11.5M
Balance Sheet
Cash and equivalents$97.2M$3.0M
Current assets$299.6M$3.3M
Total assets$303.0M$5.3M
Current liabilities$5.9M$1.1M
Total liabilities$7.6M$18.8M
Stockholders' equity$295.4M-$10.3M-$4.9M
Cash Flow Statement
Cash from operations-$16.5M-$8.2M
Depreciation and amortization$1.2M$1.3M
Stock-based compensation$3.1M$670,243
Capital expenditure$1.1M$607,866
Free cash flow-$17.5M-$8.8M
Impairments$0$0

Shares outstanding 105.9M · Free float 71.2%

Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.

Coverage