What is FRMI's net income?

FRMI (FRMI) reported net income of -$188.69M in Q1 2026.

How has FRMI's net income changed year-over-year?

FRMI's net income decreased by 241814.1% year-over-year, from -$78K to -$188.69M.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

FRMI FRMI Net Income

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Other financials

Income statement

See full

Operating income-$166.2M-213,033%

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$6.06B—

Returns & leverage

See full

Debt / equity0.8×—

Where this comes from

Reported directly by FRMI in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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 net income?: FRMI (FRMI) reported net income of -$188.69M in Q1 2026.
How has FRMI's net income changed year-over-year?: FRMI's net income decreased by 241814.1% year-over-year, from -$78K to -$188.69M.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.