NASDAQ · Real estate

Fermi Inc. (FRMI)

It posted a net loss of $694.5M. In fiscal 2025 capital spending exceeded operating cash flow by $603.5M. At June 30, 2026 it held $62.5M in cash against $520.1M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 14, 2026.

What Fermi Inc. does

Fermi Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NASDAQ under the ticker FRMI.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	n/a	-$177.8M	-$486.4M	-$1.13	-$603.5M

Latest SEC filings

What Fermi Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

September 11, 2026
Form PX14A6G filing PX14A6G
August 31, 2026
Shareholder nomination deadline 8-K
August 14, 2026
Quarterly report 10-Q · period to June 30, 2026
August 14, 2026
Passive stake changed SCHEDULE 13G/A
August 14, 2026
Executive or director change 8-K
August 13, 2026
Quarterly results 8-K
July 23, 2026
Executive or director change 8-K
July 21, 2026
Executive or director change 8-K/A
July 20, 2026
Passive stake (5% or more) SCHEDULE 13G
July 15, 2026
Material agreement 8-K

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 2, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about FRMI

What does Fermi Inc. do?

Fermi Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NASDAQ under the ticker FRMI.

Is Fermi Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $694.5M.

When did Fermi Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 14, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the form PX14A6G filing from September 11, 2026.

Similar companies

Simon Property Group Inc.

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Where the numbers come from

Financial figures are the values Fermi Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.