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Fermi Inc. FRMI Accounts Payable

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Other financials

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

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Market cap$3.94B-76.9%
Enterprise value$4.59B

Returns & leverage

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Return on equity-125.9%
Debt / equity0.8×

Where this comes from

Reported directly by Fermi Inc. in its filing.

Tagged under the XBRL concept us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent.

The source filing: Fermi Inc.’s 10-Q, filed May 15, 2026.

Filed
May 14, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0002071778-26-000032
Line itemAs of March 31, 2026As of December 31, 2025
Total assets$1,777,493$1,413,314
Liabilities and stockholders’ equity
Debt, net$421,296$109,799
Accounts payable and accrued liabilities238,624176,572
Operating lease liabilities43,71421,320
Other liabilities1,5829,751
Total liabilities705,216317,442
Commitments and contingencies (Note 8)

Item 1. Financial Statements (Unaudited)

FAQ

What is Fermi Inc.'s accounts payable?
Fermi Inc. (FRMI) reported accounts payable of $238.62M in Q1 2026.
What does accounts payable mean?
Amounts owed to suppliers and vendors for goods and services received but not yet paid. A primary source of short-term trade financing.

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