Fervo Energy (FRVO)
Develops enhanced-geothermal power plants using standardized GeoBlocks and horizontal drilling.
$16.46
After hours+0.02 (+0.12%)
At close$16.44(−2.32%)
In millions of USD, except per-share figures
| In millions | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|
| Revenue | 0 | 0 |
| Cost of revenue | 1 | 1 |
| Gross profit | −1 | −1 |
| 20 | 28 | |
| Research & development | 0 | −1 |
| Selling, general & administrative | 20 | 29 |
| Operating income | −20 | −29 |
| −12 | −27 | |
| Interest income | 3 | 11 |
| Interest expense | 3 | 2 |
| Income before tax | −32 | −56 |
| Income tax expense | 0 | 0 |
| Net income from continuing operations | −32 | −56 |
| Net income | −35 | −60 |
| EPS, basic | −$0.12 | −$0.20 |
| EPS, diluted | −$0.12 | −$0.20 |
| Weighted average shares, basic | 284 | 295 |
| Weighted average shares, diluted | 284 | 295 |
| EBITDA | −20 | −28 |
| Depreciation & amortization | 0 | 0 |
| EBIT | −20 | −29 |