Fermi Inc.
FRMINasdaq
$6.05
↑ +2.0%Jul 17 close · end-of-day
Price
1Y↓ -81.4%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$3.8B
Enterprise Value
$4.0B
P/E
—
P/S
—
P/B
3.6
EV/EBITDA
—
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
—
Net Income (TTM)
-$675.0M
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
—
Net Margin
—
ROE
-62.9%
ROIC
—
Debt / Equity
0.4
Net Cash
-$213.8M
Return 1Y
—
Company profile
Fermi’s mission is to power the artificial intelligence (“AI”) needs of tomorrow. We are an advanced energy and hyperscaler development company purpose-built for the AI era. Our mission is to deliver up to 11 gigawatts (“GW”) of low-carbon, HyperRedundant™, and on-demand power directly to the world’s most compute-intensive businesses with 1.1 GW of power projected to be online by the end of 2026. Our principal executive offices are located in Amarillo, TX.
- CEO
- Toby Neugebauer
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Trading
- Employees
- 1
- Headquarters
- Texas
- Website
- fermiamerica.com/
Management & directors
- Uzman MesutChief Nuclear Constr. Officer
- Kellerman Lawrence M.Chief Power Officer
- Everson Miles E.Chief Financial Officer
- Hamilton Charles LynnChief Site Development Officer
- Ortiz Blanes JacoboChief Operating Officer
Roles derived from SEC Form 4 filings.
Earnings
FRMI Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue——
Diluted EPS-$0.30—
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2025 |
|---|---|
| Revenue | — |
| Gross profit | — |
| Operating income | -$177.8M |
| Net income | -$486.4M |
| Diluted EPS | -$1.13 |
| Operating cash flow | -$34.2M |
| Free cash flow | -$603.5M |
| Gross margin | — |
| Operating margin | — |
| Net margin | — |
| Line item | Q1 '25 | Q3 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | -$78,000.00 | — | -$37.8M | — | -$166.2M |
| Net income | -$78,000.00 | -$6.3M | -$346.8M | -$133.2M | -$188.7M |
| Diluted EPS | $0.00 | — | -$0.84 | — | -$0.30 |
| Operating cash flow | -$46,000.00 | — | — | — | -$7.3M |
| Free cash flow | -$78,000.00 | — | — | — | -$448.5M |
| Gross margin | — | — | — | — | — |
| Operating margin | — | — | — | — | — |
| Net margin | — | — | — | — | — |
Company news
Jul 16, 2026
Jul 13, 2026
Jul 10, 2026
- 10d agoFermi America Sinks 11.5% with $375 Million Offering247wallst.com
- 10d agoCCC Intelligent Solutions, Circle rise premarket; Silo Pharma, Fermi America fallfinance.yahoo.com
- 10d agoFermi America Shares Fall After Pricing Upsized Convertible Notes Offering (FRMI)investorshub.advfn.com
- 10d agoFermi to raise $350m in note offeringproactiveinvestors.com
- 10d agoFermi Inc. Prices Upsized Offering of $375 Million of Convertible Senior Notes - Dilution Offset Until $14.64 per Sharefinance.yahoo.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-30 | Perry James Richard | Sale | 863,637 | $7.31 | $6.3M | filing |
| 2026-06-03 | Uzman Mesut· Chief Nuclear Constr. Officer | Sale | 79,509 | $6.31 | $501,701.79 | filing |
| 2026-06-03 | Uzman Mesut· Chief Nuclear Constr. Officer | Sale | 79,032 | $6.31 | $498,691.92 | filing |
| 2026-06-01 | Robbin-Coker Cordel | Award | 175,094 | $0.00 | $0.00 | filing |
| 2026-06-01 | MCINTIRE LEE A | Award | 175,094 | $0.00 | $0.00 | filing |
| 2026-06-01 | Kellerman Lawrence M.· Chief Power Officer | Award | 35,818 | $0.00 | $0.00 | filing |
| 2026-06-01 | Everson Miles E. | Award | 35,818 | $0.00 | $0.00 | filing |
| 2026-06-01 | Perry James Richard | Award | 175,094 | $0.00 | $0.00 | filing |
| 2026-06-01 | Haas Marius | Award | 175,094 | $0.00 | $0.00 | filing |
| 2026-06-01 | Stein Jeffrey Scott | Award | 250,000 | $0.00 | $0.00 | filing |
| 2026-04-09 | Ortiz Blanes Jacobo· Chief Operating Officer | Sale | 427,363 | $4.58 | $2.0M | filing |
| 2026-04-09 | Everson Miles E.· Chief Financial Officer | Sale | 427,004 | $4.58 | $2.0M | filing |
| 2026-04-09 | Hamilton Charles Lynn· Chief Site Development Officer | Sale | 398,140 | $4.58 | $1.8M | filing |
| 2026-04-08 | Ortiz Blanes Jacobo· Chief Operating Officer | Sale | 403,545 | $4.91 | $2.0M | filing |
| 2026-04-08 | Everson Miles E.· Chief Financial Officer | Sale | 403,205 | $4.91 | $2.0M | filing |
| 2026-04-08 | Hamilton Charles Lynn· Chief Site Development Officer | Sale | 375,950 | $4.91 | $1.8M | filing |
| 2026-03-31 | Perry Griffin | Sale | 2,000,000 | $5.54 | $11.1M | filing |
| 2026-03-30 | Perry Griffin | Sale | 9,000,000 | $5.02 | $45.2M | filing |
Latest 18 transactions.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.