Fermi Inc. Common Stock FRMI
Fermi Inc. is dedicated to establishing essential energy infrastructure. The company plans to build an integrated campus that combines energy production with data center facilities, designed to meet the significant requirements of forthcoming artificial intelligence infrastructure. Co-founded by Rick Perry, Toby Neugebauer, and Griffin Perry, the firm was established on January 10, 2025, and operates from its headquarters in Amarillo, Texas.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-03-30 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $0.00 | $-486.38M | $0.00 | $-486.38M | $-34.15M |
Dividends
No dividend history on record.
Recent news — FRMI
The Data Center Doomsday Scenario
Insider Selling: Fermi (NASDAQ:FRMI) Major Shareholder Sells $10,257,500.00 in Stock
Insider Selling: Fermi (NASDAQ:FRMI) Major Shareholder Sells $4,086,180.00 in Stock
AMD's Support Could Help Fermi Stock Overcome Its Biggest Hurdle
The AI Data Center Race Heats Up: Three Winners Getting Paid Now, One Waiting for Next Year
Stock Market Today, Oct. 13: Fermi Surges 14% on AMD Credit Support for Project Matador
Fermi Signs Credit Support Agreement with AMD and Announces Partnership
Fermi Announces Third Quarter 2026 Earnings Release and Call Date
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.