Fervo Energy Company (FRVO)

Fervo Energy Company Balance Sheet

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

Year Ending	Dec 31, 2025	Dec 31, 2024
Cash & Equivalents	461.84	193.43
Cash & Cash Equivalents	461.84	193.43
Cash Growth	138.76%	-
Receivables	10.58	3.95
Other Current Assets	9.71	7.92
Total Current Assets	482.13	205.3
Property, Plant & Equipment	789.57	258.9
Goodwill and Intangibles	58.71	25.67
Other Long-Term Assets	34.75	41.43
Total Long-Term Assets	883.04	326
Total Assets	1,365	531.3
Accounts Payable	10.79	35.04
Current Debt	4.82	1.93
Other Current Liabilities	1.39	-29.97
Total Current Liabilities	17	6.99
Long-Term Debt	245.48	79.87
Other Long-Term Liabilities	146.32	60.13
Total Long-Term Liabilities	391.8	140
Total Liabilities	408.79	146.99
Total Debt	250.3	81.8
Debt Growth	206.00%	-
Retained Earnings	-244.54	-179.78
Shareholders' Equity	-246.5	-177.2
Net Cash (Debt)	211.54	111.63
Net Cash (Debt) Growth	89.50%	-
Working Capital	465.13	198.31

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).