FRMI - NASDAQ

Fermi Inc. Common Stock

FRMI·NASDAQ

$6.18

-1.4%

UtilitiesRegulated Electric

Fermi, Inc. engages in the development of energy infrastructure. It intends to develop an energy and data center development campus to support the needs of to-be-built AI infrastructure. The company was founded by Rick Perry, Toby Neugebauer and Griffin Perry on January 10, 2025 and is headquartered in Amrillo, TX.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$3.94B

EPS-1.1300

P/E Ratio-5.47

Earnings Date08/13/2026

-34.15M

Operating Cash Flow

3Y-

5Y-

10Y-

-570.26M

Investing Cash Flow

3Y-

5Y-

10Y-

1.01B

Financing Cash Flow

3Y-

5Y-

10Y-

Fermi Inc. Common Stock Cash Conversion Engine

FRMI · NASDAQ

FCF Components

Net Income0.00

Depreciation & Amortization0.00

Stock-Based Compensation0.00

Change in Working Capital6.51M

Others-40.66M

Capital Expenditures-569.30M

Free Cash Flow-603.46M

Cash Flow Quality Analysis

CapEx Intensity

-1667.0%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

Working Capital Impact

+$6.51M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Fermi Inc. Common Stock Cash Flow Statement

FRMI • NASDAQ

Fermi Inc. Common Stock Cash Flow Statement	Dec 2025
OPERATING ACTIVITIES
Other Non-Cash Items	-40.7M
Change in Working Capital	6.5M
Cash from Operating Activities	-34.2M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-569.3M
Other Investing Items	-956K
Cash from Investing Activities	-570.3M
FINANCING ACTIVITIES
Net Issuance of Common Stock	745.6M
Net Issuance of Debt	181.6M
Other Financing Items	-21.9M
Cash from Financing Activities	1B
CASH FLOW SUMMARY
Net Change in Cash	408.5M
Cash at End of Period	408.5M
Free Cash Flow	-603.5M

SEC Filings

FRMI - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 15, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 14, 2026	May 13, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 14, 2026	May 14, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 05, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 05, 2026	May 04, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	April 30, 2026	December 31, 2025	2025	View Filing
8-K/A 8-K/A 2026 (Amended) N/A	April 30, 2026	April 17, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 30, 2026	April 29, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 20, 2026	April 19, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 17, 2026	April 17, 2026	2026	View Filing

Showing 1 to 10 of 20 filings

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