FRMI

Fermi Inc.

Price Chart

No historical data available

Latest Quote

$4.97

-0.03 (-0.60%)

Current Price

Previous Close	$5.00
Open	$5.00
Day High	$5.04
Day Low	$4.90
Volume	16,420,917

Fetched: 2026-08-31T22:27:50

Stock Information

Shares Outstanding	640.47M
Total Debt	$576.39M
Cash Equivalents	$62.54M
Net Income	$-737.89M
Sector	Real Estate
Industry	REIT - Specialty
Market Cap	$3.18B
EPS (TTM)	$-1.46
Exchange	NMS

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Recent Price History

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About Fermi Inc.

Fermi Inc. develops next-generation private electric grids that deliver highly redundant power at gigawatt scale to support next-generation intelligence and AI compute. The company combines cutting-edge technology with a deep bench of proven world-class multidisciplinary leaders with a combined 25 GW of experience to create one of the world's largest 17 GW next-generation private grids, helping ensure America's energy and AI dominance. The behind-the-meter Project Matador campus is expected to integrate the nation's largest combined-cycle natural gas project, one of the largest clean new nuclear power complexes in America, utility grid power, solar power, and battery energy storage to support hyperscale AI and advanced computing. The company was incorporated in 2025 is headquartered in Amarillo, Texas.

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Period:

Income Statement (Annual)

Metric	2025-12-31
Revenue
Total Revenue	$0
Operating Revenue	$0
Expenses
Total Expenses	$177,779,000
Other Income Expense	$-312,332,000
Other Non Operating Income Expenses	$-312,332,000
Net Non Operating Interest Income Expense	$3,732,000
Total Other Finance Cost	$-3,732,000
Operating Expense	$177,779,000
General And Administrative Expense	$177,779,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$-486,379,000
Net Interest Income	$3,732,000
Normalized Income	$-486,379,000
Net Income From Continuing And Discontinued Operation	$-486,379,000
Total Operating Income As Reported	$-177,779,000
Net Income Common Stockholders	$-529,763,000
Net Income	$-486,379,000
Net Income Including Noncontrolling Interests	$-486,379,000
Net Income Continuous Operations	$-486,379,000
Pretax Income	$-486,379,000
Operating Income	$-177,779,000
Per Share
Diluted EPS	$-1.13
Basic EPS	$-1.13
Other
Tax Effect Of Unusual Items	$0
Tax Rate For Calcs	$0
Normalized EBITDA (Bullshit earnings)	$-177,779,000
EBITDA (Bullshit earnings)	$-177,779,000
EBIT	$-177,779,000
Diluted Average Shares	$467,963,408
Basic Average Shares	$467,963,408
Diluted NI Availto Com Stockholders	$-529,763,000
Preferred Stock Dividends	$43,384,000
Selling General And Administration	$177,779,000
Other Gand A	$177,779,000

Fetched: 2026-08-18

Balance Sheet (Annual)

Metric	2025-12-31
Assets
Net Tangible Assets	$1,095,872,000
Total Assets	$1,413,314,000
Total Non Current Assets	$1,004,785,000
Other Non Current Assets	$47,753,000
Current Assets	$408,529,000
Cash Cash Equivalents And Short Term Investments	$408,529,000
Cash And Cash Equivalents	$408,529,000
Debt
Total Debt	$131,119,000
Long Term Debt And Capital Lease Obligation	$131,119,000
Long Term Debt	$109,799,000
Liabilities
Total Liabilities Net Minority Interest	$317,442,000
Total Non Current Liabilities Net Minority Interest	$140,870,000
Other Non Current Liabilities	$9,751,000
Current Liabilities	$176,572,000
Payables And Accrued Expenses	$176,572,000
Payables	$176,572,000
Accounts Payable	$176,572,000
Equity
Common Stock Equity	$1,095,872,000
Total Equity Gross Minority Interest	$1,095,872,000
Stockholders Equity	$1,095,872,000
Retained Earnings	$-133,199,000
Other
Treasury Shares Number	$29,476,685
Ordinary Shares Number	$629,839,790
Share Issued	$659,316,475
Tangible Book Value	$1,095,872,000
Invested Capital	$1,205,671,000
Working Capital	$231,957,000
Capital Lease Obligations	$21,320,000
Total Capitalization	$1,205,671,000
Additional Paid In Capital	$1,228,443,000
Capital Stock	$628,000
Common Stock	$628,000
Preferred Stock	$0
Total Partnership Capital	$0
Limited Partnership Capital	$0
Long Term Capital Lease Obligation	$21,320,000
Net PPE	$957,032,000
Accumulated Depreciation	$0
Gross PPE	$957,032,000
Construction In Progress	$929,371,000
Other Properties	$21,737,000
Land And Improvements	$5,924,000
Properties	$0

Fetched: 2026-08-18

Cash Flow Statement (Annual)

Metric	2025-12-31
Free Cash Flow
Free Cash Flow	$-603,455,000
Operating Activities
Operating Cash Flow	$-34,151,000
Cash Flow From Continuing Operating Activities	$-34,151,000
Operating Gains Losses	$114,863,000
Investing Activities
Capital Expenditure	$-569,304,000
Investing Cash Flow	$-570,260,000
Cash Flow From Continuing Investing Activities	$-570,260,000
Net Other Investing Changes	$-956,000
Financing Activities
Issuance Of Capital Stock	$853,183,000
Financing Cash Flow	$1,012,940,000
Cash Flow From Continuing Financing Activities	$1,012,940,000
Net Other Financing Charges	$-21,867,000
Net Preferred Stock Issuance	$107,552,000
Preferred Stock Issuance	$107,552,000
Net Common Stock Issuance	$745,631,000
Common Stock Issuance	$745,631,000
Other
Repayment Of Debt	$-20,000,000
Issuance Of Debt	$201,624,000
End Cash Position	$408,529,000
Beginning Cash Position	$0
Changes In Cash	$408,529,000
Net Issuance Payments Of Debt	$181,624,000
Net Long Term Debt Issuance	$181,624,000
Long Term Debt Payments	$-20,000,000
Long Term Debt Issuance	$201,624,000
Net PPE Purchase And Sale	$-569,304,000
Purchase Of PPE	$-569,304,000
Change In Working Capital	$6,509,000
Change In Payables And Accrued Expense	$14,995,000
Change In Prepaid Assets	$-8,486,000
Other Non Cash Items	$24,327,000
Stock Based Compensation	$306,529,000
Gain Loss On Investment Securities	$111,590,000
Net Foreign Currency Exchange Gain Loss	$3,273,000
Net Income From Continuing Operations	$-486,379,000

Fetched: 2026-08-18