IMSR · Terrestrial Energy Inc. /De/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - |
| R&D | $1.41M | - | - | - | - | - | - | - | - |
| SG&A | $7.30M | - | $1.64M | $1.49M | $1.10M | - | $278.5K | - | - |
| Total Operating Expenses | $4.88M | - | - | - | - | - | - | $52.7K | - |
| D&A | $181.0K | - | - | - | - | - | - | - | - |
| Operating Income | ($11.93M) | - | ($1.64M) | ($1.49M) | ($1.10M) | - | ($278.5K) | ($52.7K) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - |
| Income Tax | $0 | - | - | - | - | - | - | - | - |
| Net Income | ($10.50M) | - | $1.93M | $601.0K | $690.0K | - | $1.07M | ($52.7K) | - |
| EPS - Basic | ($0.10) | - | - | - | - | - | - | ($0.02) | - |
| EPS - Diluted | ($0.10) | - | - | - | - | - | - | ($0.02) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $76.95M | $97.16M | $350.4K | $124.1K | $517.2K | $668.1K | $825.1K | - | $4.60M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | $4.48M | - | - | - | $366.3K | - | - | - |
| Current Assets | $276.74M | $299.56M | $461.7K | $289.8K | $683.0K | $820.2K | $1.02M | $5.0K | - |
| Total Assets | $295.17M | $302.98M | $243.10M | $240.43M | $238.37M | $236.07M | $233.59M | $377.4K | - |
| Current Liabilities | $5.05M | $5.92M | $4.28M | $2.48M | $1.40M | $458.6K | $374.9K | $405.0K | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $6.57M | $7.57M | $15.00M | $14.25M | $12.79M | $11.18M | $11.09M | $405.0K | - |
| Stockholders' Equity | $295.41M | $295.41M | ($14.54M) | ($13.96M) | ($12.08M) | ($10.31M) | ($10.00M) | ($27.7K) | ($4.88M) |
| Retained Earnings | ($135.13M) | ($124.62M) | ($14.54M) | ($13.96M) | ($12.08M) | ($10.31M) | ($10.00M) | ($52.7K) | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($9.09M) | - | - | - | ($150.9K) | - | - | - | - |
| Investing Cash Flow | ($184.0K) | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $10.95M | - | - | - | - | - | - | - | - |
| CapEx | $163.0K | - | - | - | - | - | - | - | - |
| Free Cash Flow | ($9.26M) | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||
| Gross margin | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 0.88 | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - |
| Return on assets | -3.6% | - | 0.8% | 0.2% | 0.3% | - | 0.5% | -14.0% | - |
| Return on equity | -3.6% | - | -13.3% | -4.3% | -5.7% | - | -10.7% | 190.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - |
| Liquidity | |||||||||
| Current ratio | 54.82 | 50.62 | 0.11 | 0.12 | 0.49 | 1.79 | 2.71 | 0.01 | - |
| Quick ratio | 54.82 | 50.62 | 0.11 | 0.12 | 0.49 | 1.79 | 2.71 | 0.01 | - |
| Cash ratio | 15.24 | 16.42 | 0.08 | 0.05 | 0.37 | 1.46 | 2.20 | - | - |
| Leverage | |||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.00 | 1.03 | -16.72 | -17.23 | -19.73 | -22.91 | -23.35 | -13.64 | - |
| Liabilities / Assets | 0.02 | 0.02 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 1.07 | - |
| Efficiency | |||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - |
| Valuation | |||||||||
| P / E | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - |
| Growth | |||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -981.6% | - | -488.2% | -2728.0% | - | - | - | - | - |
| Net income growth (YoY) | - | - | 80.0% | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | -45.3% | -50347.8% | - | -111.4% | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Business segments
$248.4K totalSingle Reportable Segment$248.4K · 100.0%
Peer comparison
Same SIC group: Fabricated Plate Work (Boiler Shops)
Comparing Terrestrial Energy Inc. /DE/ against the 4 most active filers in the same SIC group.