Fermi (FRMI) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Fermi reported total assets of $1.41B and total liabilities of $317.44M. Shareholders' equity was $1.10B. Total debt stood at $109.80M against $408.53M in cash and short-term investments, a net cash position of $298.73M. That puts debt-to-equity at 0.10.

Fermi Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Fermi Inc. (FRMI) - Annual data in billions USD
Breakdown	FY 2025
Period ending	Dec 2025
Current Assets
Cash and Cash Equivalents	0.41
Cash & Short-Term Investments	0.41
Accounts Receivable	0.00
Inventory	0.00
Other Current Assets	0.00
Total Current Assets	0.41
Non-Current Assets
Property, Plant & Equipment (Net)	0.96
Other Non-Current Assets	0.05
Total Non-Current Assets	1.00
Total Assets	1.41
Current Liabilities
Accounts Payable	0.18
Other Current Liabilities	0.00
Total Current Liabilities	0.18
Non-Current Liabilities
Long-Term Debt	0.11
Other Non-Current Liabilities	0.01
Total Non-Current Liabilities	0.14
Total Liabilities	0.32
Stockholders' Equity
Common Stock	0.00
Retained Earnings	-0.13
Additional Paid-in Capital	1.23
Shares Outstanding	0.63
Total Stockholders' Equity	1.10
Total Liabilities & Equity	1.41

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Fermi Balance Sheet

How much debt does Fermi have?

Fermi had total debt of $109.80M as of Dec 31, 2025, against $408.53M in cash and short-term investments. Its debt-to-equity ratio was 0.10.

What are Fermi's total assets?

Fermi reported total assets of $1.41B as of Dec 31, 2025. Total liabilities were $317.44M.

What is Fermi's shareholders' equity?

Fermi's shareholders' equity was $1.10B as of Dec 31, 2025, or about $1.74 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition