---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-055942"
form_type: "8-K"
ticker: "FRVO"
cik: "0001853868"
company_name: "Fervo Energy Co"
filed_at: "2026-08-12T11:05:20+00:00"
generated_at: "2026-08-12T11:10:06.603063+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fervo Q2 net loss $55.9M; raises 2030 target to 1.1 GW after $2.2B IPO

## Summary
- Q2 2026 operating loss $28.7M, net loss $55.9M; capex $226.5M vs $108.0M in Q2 2025.
- Raised 2030 development target to 1.1 GW (up 100 MW); 400 MW moved to Advanced Development.
- Cape Station Phase I: GeoBlocks 1-2 mechanical completion; GeoBlock 1 first power targeted Q4 2026.
- May 2026 IPO raised ~$2.2B gross proceeds; repaid XRC Facility using Project Granite debt.
- Sawtooth 7 set record: 19,500 ft measured depth in 21 days at 460°F; Phase II cost target $5,500/kW.

## SEC filing metadata
- accession: 0001628280-26-055942
- form_type: 8-K
- ticker: FRVO
- cik: 0001853868
- company_name: Fervo Energy Co
- filed_at: 2026-08-12T11:05:20+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853868/000162828026055942/0001628280-26-055942-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853868/000162828026055942/frvo-20260812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-055942
- JSON: https://secwatch.observer/filing/0001628280-26-055942.json
- Plain text: https://secwatch.observer/filing/0001628280-26-055942.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.