Fermi Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2025
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025
Net Income	-486.38	-0.08
Stock-Based Compensation	132.75	-
Other Adjustments	312.97	0
Changes in Accounts Payable	15	0.03
Changes in Other Operating Activities	-8.49	-
Operating Cash Flow	-34.15	-0.05
Capital Expenditures	-569.3	-0.03
Other Investing Activities	-0.96	-
Investing Cash Flow	-570.26	-0.03
Long-Term Debt Issued	201.62	-
Long-Term Debt Repaid	-20	-
Net Long-Term Debt Issued (Repaid)	181.62	-
Issuance of Common Stock	745.63	0.3
Net Common Stock Issued (Repurchased)	745.63	0.3
Issuance of Preferred Stock	107.55	-
Net Preferred Stock Issued (Repurchased)	107.55	-
Other Financing Activities	-21.87	-
Financing Cash Flow	1,013	0.3
Net Cash Flow	408.53	0.22
Free Cash Flow	-603.46	-0.08
Free Cash Flow Per Share	-1.29	-0.00
Levered Free Cash Flow	-867.55	-0.08
Unlevered Free Cash Flow	-740.57	-0.08

SEC Filings: 10-K · 10-Q