Terrestrial Energy — Third Quarter 2026 Earnings Summary

Terrestrial Energy reported a net loss of $11.0 million for the third quarter ended September 30, 2026, driven by increased research and development costs and general and administrative expenses. The company selected Ameresco as its advanced nuclear technology supplier for a project at the U.S. Army's Aberdeen Proving Ground, extending its commercial pipeline into the federal defense sector. Additionally, Terrestrial Energy submitted two topical reports to the U.S. Nuclear Regulatory Commission, completing its 2026 guidance of at least three submissions. The company ended the quarter with $276.3 million in cash and cash equivalents and authorized a share repurchase program of up to $25 million.