Fermi . Common Stock Earnings Calls
| Release date | May 14, 2026 |
| EPS estimate | -$0.0339 |
| EPS actual | -$0.300 |
| EPS Surprise | -784.17% |
| Revenue estimate | 2.062M |
| Revenue actual | - |
| Release date | Mar 30, 2026 |
| EPS estimate | -$0.0099 |
| EPS actual | -$0.261 |
| EPS Surprise | -2,526.79% |
| Revenue estimate | 6.043M |
| Revenue actual | - |
| Release date | Nov 10, 2025 |
| EPS estimate | -$0.0229 |
| EPS actual | -$0.84 |
| EPS Surprise | -3,569.72% |
| Revenue estimate | 11.885M |
| Revenue actual | 5.885M |
| Revenue Surprise | -50.48% |
Last 3 Quarters for Fermi . Common Stock
Below you can see how FRMI performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Nov 10, 2025 |
| Price on release | $25.31 |
| EPS estimate | -$0.0229 |
| EPS actual | -$0.84 |
| EPS surprise | -3,569.72% |
| Date | Price |
|---|---|
| Nov 04, 2025 | $26.62 |
| Nov 05, 2025 | $26.45 |
| Nov 06, 2025 | $25.64 |
| Nov 07, 2025 | $24.35 |
| Nov 10, 2025 | $25.31 |
| Nov 11, 2025 | $21.91 |
| Nov 12, 2025 | $21.76 |
| Nov 13, 2025 | $17.50 |
| Nov 14, 2025 | $18.26 |
| 4 days before | -4.92% |
| 4 days after | -27.85% |
| On release day | -13.43% |
| Change in period | -31.40% |
| Release date | Mar 30, 2026 |
| Price on release | $5.36 |
| EPS estimate | -$0.0099 |
| EPS actual | -$0.261 |
| EPS surprise | -2,526.79% |
| Date | Price |
|---|---|
| Mar 24, 2026 | $7.46 |
| Mar 25, 2026 | $6.66 |
| Mar 26, 2026 | $6.08 |
| Mar 27, 2026 | $6.18 |
| Mar 30, 2026 | $5.36 |
| Mar 31, 2026 | $5.84 |
| Apr 01, 2026 | $5.37 |
| Apr 02, 2026 | $5.36 |
| Apr 06, 2026 | $5.13 |
| 4 days before | -28.15% |
| 4 days after | -4.29% |
| On release day | 8.96% |
| Change in period | -31.23% |
| Release date | May 14, 2026 |
| Price on release | $7.37 |
| EPS estimate | -$0.0339 |
| EPS actual | -$0.300 |
| EPS surprise | -784.17% |
| Date | Price |
|---|---|
| May 08, 2026 | $5.23 |
| May 11, 2026 | $5.37 |
| May 12, 2026 | $5.47 |
| May 13, 2026 | $6.00 |
| May 14, 2026 | $7.37 |
| May 15, 2026 | $6.51 |
| May 18, 2026 | $6.55 |
| May 19, 2026 | $5.87 |
| May 20, 2026 | $6.08 |
| 4 days before | 40.92% |
| 4 days after | -17.50% |
| On release day | -11.67% |
| Change in period | 16.25% |
Fermi . Common Stock Earnings Call Transcript Summary of Q1 2026
Fermi America (Project Matador) is executing a transition to “Fermi 2.0”: strengthened governance, a focused interim leadership team, and a commercial push to convert strong tenant interest into binding deals. Leadership changes include removal of the prior CEO for cause, board expansion, active CEO search, and hiring an interim CFO. Operational progress: >$1.4B invested in-site (Phase 0 complete), 2.2 GW of gas generation equipment secured, site infrastructure (water, pipelines, fencing, substations) advanced, and 86 MW of grid power delivered. Commercial/regulatory highlights: a 6 GW clean air permit granted (Feb) and a 5 GW permit application filed; recent site visits and renewed tenant engagement; exploring strategic partnerships with data center and power operators. Financials/liquidity: Q1 net loss $189M (≈70% noncash), $243M cash on hand, nearly $1B of financing commitments (including $785M equipment financing anchored by $500M from MUFG and $156M+ from Yorkville); Macquarie term loan retired. Near-term priorities (90 days): secure a binding tenant agreement, maintain capital discipline, hire a permanent CEO, deliver power at the site, and explore strategic partnerships. Management emphasizes matching capital deployment to commercial progress and using project-level nonrecourse financing where possible.
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