FRMI

Fermi Inc.
—

Company Information

Company Name
Fermi Inc.
CIK
CIK0002071778
Category
<br>Emerging growth company
Ticker: Exchange
FRMI: Nasdaq
Fiscal Year End
December 31
Owner Organization
05 Real Estate & Construction
SIC
6798
SIC Description
Real Estate Investment Trusts
Ticker
FRMI

SEC filing data through

Insider Sentiment

Last purchase
—
Last sale
2026-06-30
Shares purchased (TTM)
0
Shares sold (TTM)
4,195,176
Buy ratio (TTM)0.0%

Institutional Sentiment

As of
2026-06-30
Institutional shares owned
158,101,837
Shares outstanding
637,325,436
Ownership
24.81%

Earnings Market Reaction

Filing date
2026-08-14
Price on filing date
—
1-month reaction
-20.00%
3-month reaction
…
Drift continued3/3 (100%)
Faded / reversed0/3 (0%)

Balance Sheet

Values in millions ($)
Line item2026-06-302026-03-312025-12-312025-09-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Assets
Construction In Progress Gross---271
Property Plant And Equipment Net1,5481,431935-
Cash And Cash Equivalents At Carrying Value6320840984
Restricted Cash2936-99
Prepaid Expense And Other Assets76644824
Operating Lease Right Of Use Asset48402225
Assets1,7631,7771,413503
Liabilities And Stockholders Equity
Debt Current520421110103
Accounts Payable And Accrued Liabilities Current And Noncurrent15023917765
Operating Lease Liability56442123
Other Liabilities521010
Liabilities731705317200
Equity
Common Stock Value1111
Preferred Stock Value000-
Additional Paid In Capital1,3791,3941,228302
Retained Earnings Accumulated Deficit-348-322-133-
Stockholders Equity1,0321,0721,096302
Liabilities And Stockholders Equity1,7631,7771,413503
Common Stock Par Or Stated Value Per Share0.000.000.000.00
Common Stock Shares Authorized2,4002,4002,4002,400
Common Stock Shares Issued638630630591
Shares Outstanding638630630575
Preferred Stock Par Or Stated Value Per Share0.000.000.000.00
Preferred Stock Shares Authorized10101010
Preferred Stock Shares Issued000-
Preferred Stock Shares Outstanding000-

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Fermi Inc. (FRMI) — SEC Financial Statements & Analysis

Fermi Inc. (FRMI) is a real estate investment trusts company, incorporated in TX. Fermi Inc. trades on Nasdaq as: FRMI. Fermi Inc. (FRMI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-14. Based on that filing, Fermi Inc. carries a market cap of $5.84B, a P/E ratio of -8.33x, a P/B ratio of 5.66x, an enterprise value of $6.30B, and an EV/EBITDA multiple of -16.98x. On profitability, it posts a Return on Equity (ROE) of -67.94% and a Return on Invested Capital (ROIC) of -24.90%. Per share, it reports EPS of $-1.10, diluted EPS of $-1.10, free cash flow per share of $-2.02, and a dividend per share of $0.00. On the balance sheet, it maintains an interest coverage ratio of -52.71x, free cash flow of $-1.29B (TTM), and net debt of $457.56M. Figures sourced from SEC EDGAR.

Market Cap
$5.84B
P/E TTM
-8.33x
EPS TTM
$-1.10
P/B TTM
5.66x
ROE TTM
-67.94%
Free Cash Flow TTM
$-1.29B

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Fermi Inc. in?

Fermi Inc. (FRMI) operates in the Real Estate Investment Trusts industry.

What exchange does FRMI trade on?

Fermi Inc. (FRMI) trades on the Nasdaq.

Where is Fermi Inc. incorporated?

Fermi Inc. is incorporated in TX.

When was Fermi Inc. (FRMI)'s most recent SEC filing?

Fermi Inc. (FRMI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-14.

What is FRMI's market cap?

Fermi Inc. (FRMI) has a market capitalization of $5.84B as of 2026-06-30.

What is FRMI's EPS (earnings per share)?

Fermi Inc. (FRMI)'s trailing twelve month EPS is $-1.10 as of 2026-06-30.

What is FRMI's ROE (return on equity)?

Fermi Inc. (FRMI)'s trailing twelve month Return on Equity (ROE) is -67.94% as of 2026-06-30.

What is FRMI's ROIC (return on invested capital)?

Fermi Inc. (FRMI)'s trailing twelve month Return on Invested Capital (ROIC) is -24.90% as of 2026-06-30.

What is FRMI's EV/EBITDA?

Fermi Inc. (FRMI)'s trailing twelve month EV/EBITDA is -16.98x as of 2026-06-30.

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