Fermi Inc. (FRMI) Income Statement
FRMI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFRMI revenue and net income
FRMI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FRMI quarterly EPS vs estimates
Fermi beat the analyst EPS estimate in 2 of the last 5 quarters. Next report: November 12, 2026 (estimate $-0.07).
FRMI income statement
| 2025 | |
|---|---|
| Revenue | $0 |
| Sales, general & admin | $177.8M |
| Total operating expenses | $177.8M |
| Operating income | −$177.8M |
| Income before taxes | −$486.4M |
| Net income | −$486.4M |
| EBITDA | −$486.4M |
| EPS (diluted) | −$0.22 |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales, general & admin | $26.8M | $166.2M | $134.3M | $37.8M | $5.6M | $77,831 |
| Total operating expenses | $26.8M | $166.2M | $134.3M | $37.8M | $5.6M | $77,831 |
| Operating income | −$26.8M | −$166.2M | −$134.3M | −$37.8M | −$5.6M | −$77,831 |
| Interest income | $953,000 | $2.3M | — | — | — | $0 |
| Interest expense | — | — | — | $12,000 | $680,000 | — |
| Income before taxes | −$25.8M | −$188.7M | −$133.2M | −$346.8M | −$6.3M | −$77,831 |
| Net income | −$25.8M | −$188.7M | −$133.2M | −$346.8M | −$6.3M | −$77,831 |
| EBITDA | −$25.8M | −$188.7M | −$133.2M | −$346.8M | −$6.3M | −$77,831 |
| EPS (diluted) | −$0.04 | −$0.30 | $0.63 | −$0.84 | −$0.01 | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FRMI's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FRMI financial results
Fermi reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $486.4 million. Diluted earnings per share came to −$0.22.
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FRMI income statement FAQ
Does Fermi have revenue?
Fermi reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is Fermi profitable?
No. Fermi reported a net loss of $486.4 million in fiscal 2025.
What are Fermi's earnings per share?
Fermi earned $-0.22 per diluted share in fiscal 2025.
When will Fermi report its next earnings?
Fermi is expected to report results for the quarter ending September 30, 2026 on November 12, 2026 before the market opens.
When does Fermi's fiscal year end?
Fermi's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.