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Fermi Inc. FRMI Enterprise value

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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%

Returns & leverage

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

Where this comes from

Calculated from Fermi Inc.’s reported figures.

$3.6Bmarket cap+$886.3Mtotal debt−$243.3Mcash and equivalents=$4.23B

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 enterprise value?
Fermi Inc. (FRMI) reported enterprise value of $4.23B in Q1 2026.
What does enterprise value mean?
Market capitalization plus total debt minus cash, at the quarter end. The cost to acquire the whole business — what an buyer pays for equity and debt, net of the cash they'd inherit.

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