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Fermi Inc. FRMI Operating Lease Liability - Undiscounted Excess Amount

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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$3.75B-78.0%
Enterprise value$4.39B

Returns & leverage

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

Where this comes from

Reported directly by Fermi Inc. in its filing.

Tagged under the XBRL concept us-gaap:LesseeOperatingLeaseLiabilityUndiscountedExcessAmount.

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

Filed
May 14, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0002071778-26-000032
Line itemMarch 31, 2026December 31, 2025
20274,4061,836
20284,8892,268
20296,3583,684
20306,7594,031
Thereafter1,739,0711,649,323
Total undiscounted lease payments1,763,8051,661,574
Less: imputed interest(1,720,091)(1,640,254)
Present value of lease liabilities$43,714$21,320

Item 1. Financial Statements (Unaudited)

FAQ

What is Fermi Inc.'s operating lease liability - undiscounted excess amount?
Fermi Inc. (FRMI) reported operating lease liability - undiscounted excess amount of $1.72B in Q1 2026.
What does operating lease liability - undiscounted excess amount mean?
This represents the difference between the total undiscounted future lease payments and the present value of those payments recorded on the balance sheet. It effectively quantifies the interest component embedded within operating lease obligations. It is a measure of the financing cost inherent in the lease portfolio.

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