FRMI — Fermi Inc.

Nasdaq · Real Estate · Equity Real Estate Investment Trusts (REITs) · CIK 2071778 ·
Last close
$7.48
Market Cap
$4.77B
52W High
$8.37
52W Low
$4.47
ADV30
17,285,068
Next earnings
2026-08-11
Fermi Inc. engages in the development of private power campus for AI-centric customers in the United States. The company also develops, owns, and leases grid-independent energy generation and high-performance computing campuses; develops and operates integrated power generation and computing infrastructure. It also engages in acquisition of land, permitting, construction, and long-term leases. The company was founded and incorporated on January 10th, 2025 is headquartered in Amarillo, Texas, USA.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 0 -166,244,000 -188,693,000 1,777,493,000 207,501,000 705,216,000
Dec 2025 0 -134,316,000 -133,199,000 1,413,314,000 408,529,000 317,442,000
Sep 2025 0 -37,776,000 -346,812,000 502,766,000 83,693,000 200,293,000
Jun 2025 0 -5,609,499 -6,289,772 89,169,860 40,332,403 90,944,565

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-41,450,000
Investing CF
$-1,011,416,000
Financing CF
$1,295,940,000
CapEx
$-1,010,460,000
Dividends Paid
Buybacks
EPS Diluted TTM
$-0.89
As of
2026-06-07

Balance + Analyst (yfinance extras)

Retained Earnings
$-321,892,000
Inventory
Receivables
ST Investments
EBIT TTM
$-343,945,330
Pretax Income TTM
$-674,993,603
Interest Exp TTM
Analysts
8

Annual Trend (SEC EDGAR, last 1y)

Revenues vs Net Income (last 1y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 0 -177,779,000 -486,379,000 1,413,314,000 317,442,000 -34,151,000

TTM Snapshot

Revenues TTM
NetIncome TTM
OpCashFlow TTM
Assets (Latest)
Forward EPS
$0.36

Max Pain — expiry 2026-06-18

max pain strike: $7.00 · spot: $7.26 · call oi: 118,154 · put oi: 38,795
Expected Move to 2026-06-18: ±$0.83 (11.37%) — implied range $6.43$8.08 · ATM straddle on $7.50 strike

Peers — same industry

TickerNameMarket CapLastDaily %
CIGI Colliers International Group Inc. $4.73B $95.09
CUZ COUSINS PROPERTIES INC $4.72B $28.69
SBRA Sabra Health Care REIT, Inc. $4.69B $18.58
SKT TANGER INC. $4.67B $40.61
MRP Millrose Properties, Inc. $4.48B $29.07

News headlines (Yahoo Finance, 1h cache)

Fermi Files Definitive Consent Revocation Statement and Mails Letter to Shareholders
2026-06-15 11:00 · Yahoo
Fermi (FRMI) Powers 22.6% After Earning This AI Giant’s Backing
2026-06-11 02:30 · Yahoo
Fermi shares surge on report OpenAI may be eyeing major capacity deal
2026-06-10 18:18 · Yahoo
Dow, Nasdaq recoil as inflation surprise revives Fed fears
2026-06-10 12:44 · Yahoo
Fermi 2.0 Targets AI Power Growth As Project Matador Advances
2026-06-03 10:08 · Yahoo
Fermi (FRMI) Unveils Fermi 2.0 Strategic Shift for AI Infrastructure
2026-06-01 11:36 · Yahoo
Fermi Co-Founder Seeks Board Shake-Up, Strategic Review for Project Matador
2026-05-24 01:02 · Yahoo
Fermi Files Preliminary Consent Revocation Statement
2026-05-18 12:30 · Yahoo
Cisco upgraded, Doximity downgraded: Wall Street's top analyst calls
2026-05-15 13:45 · Yahoo
Fermi (FRMI) Is Up 43.9% After Governance Fight And AI Power Push - Has The Bull Case Changed?
2026-05-15 11:12 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.