Ternary fission is a comparatively rare (0.2 to 0.4% of events) type of nuclear fission in which three charged products are produced rather than two. As in other nuclear fission processes, other uncharged particles such as multiple neutrons and gamma rays are produced in ternary fission.

Ternary fission may happen during neutron-induced fission or in spontaneous fission (the type of radioactive decay). About 25% more ternary fission happens in spontaneous fission compared to the same fissioning system formed after thermal neutron capture, illustrating that these processes remain physically slightly different, even after the absorption of the neutron, possibly because of the extra energy present in the nuclear reaction system of thermal neutron-induced fission.

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The most common nuclear fission process is "binary fission." It produces two charged asymmetrical fission products with maximally probable charged product at 95±15 and 135±15 u atomic mass. However, in this conventional fission of large nuclei, the binary process happens merely because it is the most energetically probable.