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Annual figures as reported in 10-K / 20-F / 40-F filings.
FRMI · CIK 0002071778

Fermi Inc.

Annual figures as reported, FY2025–FY2025. Ratios and growth rates derived on-page.

FRMI logo
Real Estate Investment Trusts
Company profile
Nasdaq · FRMIHQ Amarillo, TXIncorporated in TXFiscal year ends Dec 31 Emerging growth company
Net income
−$486.4M
Free cash flow
−$603.5M
Diluted EPS
−$1.13

Recent quarters

momentum · last 12 quarters
Net income — Jun ’26 quarter
−$25.8M
▼ −310.3% vs Jun ’25
Diluted EPS — trailing 12 months
−$1.45

Quarterly net income

Losses shown in terracotta

−300M−200M−100M0Mar ’25Jun ’25Sep ’25Dec ’25Mar ’26Jun ’26−$25.8M
QuarterRevenueRev. YoYGross marginNet incomeNet marginDiluted EPS
Jun ’26———−$25.8M—−$0.04
Mar ’26———−$188.7M—−$0.30
Dec ’25———−$133.2M—−$0.27
Sep ’25———−$346.8M—−$0.84
Jun ’25———−$6.3M—−$0.02
Mar ’25———−$78K—$0.00

Key ratios

derived per fiscal year
Fiscal yearROEROADebt / equity
FY2025−44.4%−34.4%0.14×

Annual figures

as reported
Fiscal yearRevenueGross profitOp. incomeNet incomeDiluted EPSOp. cash flowCapexTotal assetsLiabilitiesEquityCashLT debt
FY2025——−$177.8M−$486.4M−$1.13−$34.2M$569.3M$1.4B$317.4M$1.1B$408.5M$149.0M

Latest filings

the most recent regulatory filings
10-Q10-Q FERMI SECOND QUARTER FORM 10-Q2026-08-14 ↗SCHEDULE 13G/ASEC filing2026-08-14 ↗8-KCURRENT REPORT2026-08-14 ↗8-KFRMI FORM 8-K FOR Q2 2026 EARNINGS RELEASE2026-08-13 ↗8-KCURRENT REPORT2026-07-23 ↗8-K/AAMENDMENT NO. 1 TO FORM 8-K2026-07-21 ↗SCHEDULE 13GSEC filing2026-07-20 ↗8-KCURRENT REPORT2026-07-15 ↗8-KCURRENT REPORT2026-07-13 ↗8-KCURRENT REPORT2026-07-09 ↗

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