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Fermi Inc. FRMI Q1 2026 Annual earnings

Reported May 14, 2026 · Before market open

EPS-$0.30Miss by $0.27
Revenue estimate$2.1M
EPS estimate-$0.03

Next report

Aug 13, 2026 (In 6 days)
Revenue estimate$3.0M
EPS estimate-$0.05

Financials

Q1 2026

Income statement

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Operating income-$166.2M-213,033%
Net income-$188.7M-241,814%
EPS (diluted)-$0.30

Balance sheet

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Cash & equivalents$243.3M
Total debt$886.3M
Total equity$1.1B
Total assets$1.8B

Cash flow

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Operating cash flow-$7.3M-15,867%
CapEx$441.2M+1,378,613%
Free cash flow-$448.5M-574,942%

Valuation & ratios

Valuation

as of 08/06/26
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Market cap$3.95B-76.8%
Enterprise value$4.59B

Returns & leverage

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Debt / equity0.8×

Versus estimates

FAQ

When did Fermi Inc. report Q1 2026 earnings?
Fermi Inc. (FRMI) reported Q1 2026 earnings on May 14, 2026 before market open.
What were Fermi Inc.'s Q1 2026 revenue and EPS?
Fermi Inc. reported eps of $-0.30 for Q1 2026.
Did Fermi Inc. beat estimates in Q1 2026?
EPS missed the consensus estimate of $-0.03 by $0.27.
Where can I find Fermi Inc.'s Q1 2026 SEC filings?
You can read the 8-K earnings release (0001213900-26-056189) and the 10-K/A periodic report (0002071778-26-000018) directly on SEC EDGAR. The filing index links above go to sec.gov.