Fermi Inc. FY 2025 net loss $486M; raised $1.8B, secured 6 GW permit

Fermi Inc.

Net loss of $486.4M ($1.13 per share) driven by $441.8M non-cash charges including $173.8M charitable contribution and $132.7M stock comp.
Raised ~$1.8B capital (IPO $785M, equipment financings $885M); $935M invested in property, plant & equipment.
TCEQ preliminarily approved ~6 GW Clean Air Permit for natural gas generation; filed for additional 5 GW.
NRC accepted first new nuclear Combined License Application in 15 years for four AP1000 reactors.
Tenant LOI remains in place after $150M AIAC termination; active discussions with multiple hyperscale tenants.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Fermi Inc. reported financial results for the period from January 10, 2025 (Inception) through December 31, 2025.

Period: the period from January 10, 2025 (Inception) through December 31, 2025
Result: reported results

Exact text from the filing

On March 30, 2026, Fermi Inc. (the “Company”) issued its shareholder letter (the “Shareholder Letter”) announcing its financial results for the period from January 10, 2025 (Inception) through December 31, 2025.

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1349 earnings releases filed in the last 30 days. Browse all earnings releases →

Fermi Inc. filing history →

Source: SEC EDGAR

accession 0002071778-26-000007

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