Terrestrial Energy Reports Third Quarter 2026 Results
Business Wire•10/11/2026•07:00 ET
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Key Highlights
- ➤Ameresco (AMRC) project selects Terrestrial Energy as advanced nuclear technology supplier
- ➤Q3 net loss $11.0 million, versus $9.4 million in Q2 2026
- ➤Cash and short-term investments $276.3 million; no debt at quarter-end
- ➤Thermal and Electric Facility report submission completes 2026 NRC guidance
- ➤Board authorizes $25 million share repurchase program funded with existing cash
Expert Statements
Simon Irish, Chief Executive Officer of Terrestrial Energy
“Our selection for Ameresco’s project with the U.S. Army extends our commercial pipeline into the federal government and defense, and with our Thermal and Electric Facility Topical Report, we delivered on our guidance of at least three submissions to the NRC this year.”
Simon Irish, Chief Executive Officer of Terrestrial Energy
“We are focused on the race to fleet deployment, and on delivering nuclear power at fleet scale. The world needs innovative nuclear plants for new sources of clean, firm, affordable energy, and those fundamentals continue to strengthen supporting our business plan.”
~ Selected as Advanced Nuclear Technology Supplier for Ameresco Project at U.S. Army’s Aberdeen Proving Ground, Extending Pipeline into Federal Government and Defense ~
~ Submits Two Topical Reports to NRC, Completing 2026 Guidance ~
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