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Fermi Inc. FRMI Preferred Stock, Shares Authorized

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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$3.94B-78.0%
Enterprise value$4.59B

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:PreferredStockSharesAuthorized.

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 itemAs of March 31, 2026As of December 31, 2025
Commitments and contingencies (Note 8)
Stockholders’ equity
Common stock, $0.001 par value; 2,400,000,000 shares authorized, 629,839,790 shares issued and outstanding as of March 31, 2026 and December 31, 2025628628
Preferred stock, $0.001 par value; 10,000,000 shares authorized, and no shares issued or outstanding as of March 31, 2026 and December 31, 2025
Additional paid-in capital1,393,5411,228,443
Accumulated deficit(321,892)(133,199)
Total stockholders’ equity1,072,2771,095,872
Total liabilities and stockholders’ equity$1,777,493$1,413,314

Item 1. Financial Statements (Unaudited)

FAQ

What is Fermi Inc.'s preferred stock, shares authorized?
Fermi Inc. (FRMI) reported preferred stock, shares authorized of $10M in Q1 2026.

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