What is FRMI's enterprise value?

FRMI (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.

FRMI FRMI Enterprise value

Enterprise value at other companies

Iron MountainIRM

$50.32B+17.4%

Equinix, Inc.EQIX

$118.39B+22.8%

Digital RealtyDLR

$51.29B-9.3%

Cipher Digital, Inc. CIFR

$9.25B+985%

Sterling Infrastructure, Inc.STRL

$12.33B+290%

Galaxy Digital Inc. Class A Common StockGLXY

$5.24B—

Other financials

Income statement

See full

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

See full

Market cap$6.06B—

Returns & leverage

See full

Debt / equity0.8×—

Where this comes from

Calculated from FRMI’s reported figures.

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

The official record: FRMI’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FRMI's enterprise value?: FRMI (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.