Fermi (FRMI) Free Cash Flow (2025 - 2026)

Fermi's (FRMI) quarterly Free Cash Flow came in at -$448.5 million in Q1 2026, down 574942.31% year-on-year from N/an in Q1 2025, and up 11.38% quarter-over-quarter from -$506.1 million in Q4 2025.

Fermi (FRMI) Free Cash Flow (2025 - 2026) Analysis & Trends

Fermi has disclosed Free Cash Flow across 2 years of filings, most recently posting -$448.5 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at -$448.5 million, down 574942.31% year-over-year; the trailing twelve-month figure through Mar 2026 was -$954.7 million (changed N/A YoY), and the FY2025 annual result was -$603.5 million, changed N/A from the prior year.
  • Free Cash Flow came in at -$448.5 million for Q1 2026 at Fermi, up from -$506.1 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$78000.0 in Q1 2025 to a low of -$506.1 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Equinix 104.53 Bn 101.50 Bn 2.20 Bn 594.00 Mn
2 American Tower 86.20 Bn 92.70 Bn 2.70 Bn 951.10 Mn
3 Digital Realty Trust 63.76 Bn 62.92 Bn - -337.62 Mn
4 Crown Castle 38.57 Bn 38.52 Bn 984.00 Mn 452.00 Mn
5 Iron Mountain 37.41 Bn 37.43 Bn 1.05 Bn 36.65 Mn
6 Sba Communications 20.70 Bn 20.79 Bn 532.10 Mn 206.69 Mn
7 Weyerhaeuser 17.74 Bn 17.44 Bn 318.00 Mn 29.00 Mn
8 Lamar Advertising 15.68 Bn 15.63 Bn 403.56 Mn 208.30 Mn
9 Gaming & Leisure Properties 13.22 Bn 13.62 Bn - 158.75 Mn
10 Fermi 4.71 Bn 4.50 Bn - -448.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -448.53 Mn
Mar 31, 2026 -448.53 Mn
Dec 31, 2025 -506.13 Mn
Dec 31, 2025 -506.13 Mn
Mar 31, 2025 -78,000.00
Mar 31, 2025 -78,000.00