Fermi (FRMI) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NasdaqGS•Real Estate•REIT - Specialty

Price & Volume

Market Cap $4.24B

Fermi Inc. develops next-gen private electric grids that deliver highly redundant power at gigawatt scale to support next-gen intelligence and AI computing. Fermi Inc combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders with a combined 25 gigawatts of experience, to create the world's largest, up to 17 gigawatts next-gen private grid, helping ensure America's energy and AI dominance. The behind-the-meter Project Matador campus is expected to integrate the nation's biggest combined-cycle natural gas project, one of the largest clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to support hyperscale AI and advanced computing. The company was founded and incorporated on January 10th, 2025 is headquartered in Amarillo, Texas, USA.

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $0
Q. Revenue: $0
TTM EBITDA: $0
TTM Op. Income: $0
Q. Op. Income: $-166.24M
TTM Net Income: $0
Q. Net Income: $-188.69M
EPS: $-0.3
Shares Out.: $629.84M

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: N/A
Op. Margin: -16624400000.0%
Net Margin: -18869300000.0%

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: N/A
P/B Ratio: 4.0x

P/S of 0.0x and P/B of 4.0x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.78B
Cash: $207.50M
Long-Term Debt: $421.30M
Book Value: $1.07B
D/E Ratio: 0.4
Debt/EBITDA: N/A

With $1.78B in assets and $421.30M in long-term debt, the D/E of 0.4and book value of $1.07B — shows a conservative capital structure — the company has a strong financial cushion to weather downturns.