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Fermi Inc. FRMI Q4 2025 Annual earnings

Reported March 30, 2026 · Before market open

EPS-$0.26Miss by $0.25
Revenue estimate$6.0M
EPS estimate-$0.01

Next report

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

Financials

Q4 2025

Income statement

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Operating income-$134.3M—
Net income-$133.2M—
EPS (diluted)-$0.18—

Balance sheet

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Cash & equivalents$408.5M—
Total debt$280.1M—
Total equity$1.1B—
Total assets$1.4B—

Cash flow

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Operating cash flow-$25.9M—
CapEx$480.3M—
Free cash flow-$506.1M—

Valuation & ratios

Valuation

as of 12/31/25
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Market cap$4.91B—
Enterprise value$4.78B—

Returns & leverage

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Debt / equity0.3×—

Versus estimates

Revenue

Q3 2025$5.9MMiss by $6.0M

Diluted EPS

Q1 2026-$0.30Miss by $0.27
Q4 2025-$0.26Miss by $0.25
Q3 2025-$0.84Miss by $0.82

FAQ

When did Fermi Inc. report Q4 2025 earnings?
Fermi Inc. (FRMI) reported Q4 2025 earnings on March 30, 2026 before market open.
What were Fermi Inc.'s Q4 2025 revenue and EPS?
Fermi Inc. reported eps of $-0.26 for Q4 2025.
Did Fermi Inc. beat estimates in Q4 2025?
EPS missed the consensus estimate of $-0.01 by $0.25.
Where can I find Fermi Inc.'s Q4 2025 SEC filings?
You can read the 8-K earnings release (0001213900-26-035482) and the 10-K periodic report (0002071778-26-000010) directly on SEC EDGAR. The filing index links above go to sec.gov.