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Fermi Inc. FRMI Debt-to-equity

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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$3.95B-76.8%
Enterprise value$4.59B—

Returns & leverage

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Return on equity-125.9%—

Where this comes from

Calculated from Fermi Inc.’s reported figures.

total debt/total stockholders equity=0.8×

Based on the most recent quarter.

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

Filed
May 14, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0002071778-26-000032

FAQ

What is Fermi Inc.'s debt-to-equity?
Fermi Inc. (FRMI) reported debt-to-equity of 0.8× in Q1 2026.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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