Terrestrial Energy Inc (IMSR) Income Statement
IMSR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsIMSR revenue and net income
IMSR profit margins
IMSR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −100.0% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | −480.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IMSR quarterly EPS vs estimates
Terrestrial Energy beat the analyst EPS estimate in 3 of the last 3 quarters. Next report: November 10, 2026 (estimate $-0.14).
IMSR income statement
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $0 | $248,357 | $18,614 |
| Cost of revenue | — | $0 | $0 |
| Gross profit | — | $248,357 | $18,614 |
| Research & development | $9.8M | $5.2M | $7.2M |
| Sales, general & admin | $14.3M | $4.2M | $5.3M |
| Total operating expenses | $25.2M | $10.6M | $14.3M |
| Operating income | −$25.2M | −$10.4M | −$14.2M |
| Interest income | $1.3M | $59,860 | $107,694 |
| Interest expense | $4.3M | $1.3M | $435,826 |
| Income before taxes | −$28.0M | −$11.5M | −$14.2M |
| Income taxes | $17,950 | $20,965 | −$356,437 |
| Net income | −$28.0M | −$11.5M | −$13.9M |
| EBITDA | −$22.5M | −$8.9M | −$11.9M |
| EPS (diluted) | −$0.19 | $0.05 | — |
| Gross margin | — | 100.0% | 100.0% |
| Operating margin | — | −4,168.8% | −76,495.6% |
| Net margin | — | −4,624.6% | −74,720.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Jun '24 | Mar '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $125,037 | $0 |
| Cost of revenue | $145,000 | $61,000 | $1.2M | — | — | — | — | $0 | — |
| Gross profit | −$145,000 | −$61,000 | −$1.2M | — | — | — | — | $125,037 | — |
| Research & development | $3.5M | $4.6M | $9.8M | — | $1.4M | $1.4M | — | $1.3M | $1.2M |
| Sales, general & admin | $8.0M | $7.3M | $10.0M | — | $3.5M | $3.3M | — | $978,646 | $1.4M |
| Total operating expenses | $11.5M | $11.9M | $19.8M | $1.6M | $5.2M | $4.9M | $303,640 | $2.6M | $3.1M |
| Operating income | −$11.7M | −$11.9M | −$21.0M | −$1.6M | −$5.2M | −$4.9M | −$303,640 | −$2.4M | −$3.1M |
| Interest income | $2.5M | $1.5M | — | — | $7,850 | $3,510 | — | $11,127 | $19,134 |
| Interest expense | $0 | $2,000 | $4.3M | — | $1.3M | $795,034 | — | $175,724 | $124,094 |
| Income before taxes | −$9.3M | −$10.5M | −$31.2M | $1.9M | −$6.2M | −$5.7M | $2.4M | −$3.7M | −$3.0M |
| Income taxes | $78,000 | $37,000 | $17,950 | — | — | — | — | — | — |
| Net income | −$9.4M | −$10.5M | −$31.2M | $1.9M | −$6.2M | −$5.7M | $2.4M | −$3.7M | −$3.1M |
| EBITDA | −$11.5M | −$10.4M | −$25.7M | $1.9M | −$4.7M | −$4.7M | $2.4M | −$3.1M | −$2.5M |
| EPS (diluted) | −$0.09 | −$0.10 | −$0.30 | $0.07 | $0.02 | $0.02 | $0.05 | — | — |
| Gross margin | — | — | — | — | — | — | — | 100.0% | — |
| Operating margin | — | — | — | — | — | — | — | −1,958.9% | — |
| Net margin | — | — | — | — | — | — | — | −2,931.2% | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IMSR's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IMSR financial results
Terrestrial Energy reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $28.0 million. Diluted earnings per share came to −$0.19.
See the IMSR stock overview for the latest quote and news, or the IMSR chart for price history and technical indicators.
IMSR income statement FAQ
Does Terrestrial Energy have revenue?
Terrestrial Energy reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is Terrestrial Energy profitable?
No. Terrestrial Energy reported a net loss of $28.0 million in fiscal 2025.
How much does Terrestrial Energy spend on research and development?
Terrestrial Energy spent $9.8 million on research and development in fiscal 2025.
What are Terrestrial Energy's earnings per share?
Terrestrial Energy earned $-0.19 per diluted share in fiscal 2025, compared with $0.05 a year earlier.
When will Terrestrial Energy report its next earnings?
Terrestrial Energy is expected to report results for the quarter ending September 30, 2026 on November 10, 2026.
When does Terrestrial Energy's fiscal year end?
Terrestrial Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.
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