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FRMI FRMI Net Income

Net Income at other companies

Iron MountainIRM

$149M+818%

Equinix, Inc.EQIX

$415M+21.0%

Digital RealtyDLR

$96.11M-48.2%

Cipher Digital, Inc. CIFR

-$114.32M-193%

Sterling Infrastructure, Inc.STRL

$103.77M+144%

KEE

Keel Infrastructure Corp. Common StockKEEL

-$145.35M-162%

Other financials

Income statement

Operating income-$166.2M-213,033%

Net income-$188.7M-241,814%

EPS (diluted)-$0.30—

Balance sheet

Cash & equivalents$243.3M—

Total debt$886.3M—

Total equity$1.1B—

Total assets$1.8B—

Cash flow

Operating cash flow-$7.3M-15,867%

CapEx$441.2M+1,378,613%

Free cash flow-$448.5M-574,942%

Valuation

Market cap$5.54B—

Returns & leverage

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?: Net income as the starting point for the indirect method operating cash flow reconciliation.