FRMI — Fermi Inc.
—
Nasdaq ·
Real Estate ·
Equity Real Estate Investment Trusts (REITs) ·
CIK 2071778 ·
Last close
$7.40
Market Cap
$4.72B
52W High
$10.14
52W Low
$4.72
ADV30
20,493,002
Next earnings
2026-08-13
Quarterly Fundamentals
Revenues vs Net Income (last 4 Q)
Assets vs Liabilities (last 4 Q)
| Period | Revenues | GrossProfit | OpIncome | NetIncome | Assets | Cash | Liabilities |
|---|---|---|---|---|---|---|---|
| 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 end | Revenues | OpIncome | NetIncome | Assets | Liabilities | Equity | OCF |
|---|---|---|---|---|---|---|---|
| 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 2026-07-31
max pain strike: $7.00 · spot: $7.40 · call oi: 29,763 · put oi: 12,101
Expected Move to 2026-07-31:
±$1.50
(20.27%) —
implied range
$5.90 –
$8.90
· ATM straddle on $7.50 strike
Peers — same industry
| Ticker | Name | Market Cap | Last | Daily % |
|---|---|---|---|---|
| SKT | TANGER INC. | $4.82B | $41.93 | — |
| CIGI | Colliers International Group Inc. | $4.85B | $97.49 | — |
| EPR | EPR PROPERTIES | $4.86B | $63.53 | — |
| KRC | KILROY REALTY CORP | $4.58B | $39.42 | — |
| MRP | Millrose Properties, Inc. | $4.40B | $28.52 | — |
News headlines (Yahoo Finance, 1h cache)
Fermi Inc. (FRMI) Rockets 19% as Project Matador Development Accelerates
2026-07-24 19:52 · Yahoo
Fermi Inc. Admission of shares of Common Stock and Total Voting Rights
2026-07-23 06:00 · Yahoo
Fermi Announces First Siemens Turbines Arrive at Port of Houston
2026-07-21 20:30 · Yahoo
Fermi Announces Second Quarter 2026 Earnings Release and Call Date
2026-07-20 20:30 · Yahoo
Does Fermi (FRMI) Convertible Push Expose Deeper Governance Tensions Around Project Matador?
2026-07-17 05:10 · Yahoo
Fermi (FRMI) Stock May Be Above Fair Value After Note Offering
2026-07-16 23:16 · Yahoo
Fermi (FRMI) Faces Governance Questions, Is The 67% Undervalued View Still Credible?
2026-07-16 17:14 · Yahoo
Fermi (FRMI) Director Quits Over Board Transparency And Governance Disputes
2026-07-16 15:14 · Yahoo
Fermi Outlines Strategic Rationale for Upsized $431 Million Convertible Notes Offering
2026-07-15 12:30 · Yahoo
Sector Update: Energy Stocks Gain Late Afternoon
2026-07-13 19:38 · Yahoo
Recent Insider Activity
No insider activity indexed for this ticker.