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F

Fervo Energy Company Class A common stock FRVO · USD

US listing · 🇺🇸 United States

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11.38

+26.02%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$138,000

FY2024FY2025

Net income

−$57.8m

FY2024FY2025

Free cash flow

−$497.4m

FY2024FY2025

Shareholders' equity

−$246.5m

FY2024FY2025

Income statement

Fiscal years

FY2025FY2024
Revenue$138,000$199,000
Gross profit−$250,000−$57,000
Operating income−$53.6m−$41.8m
Net income−$57.8m−$41.1m
Diluted earnings per share-0.20-0.14

Balance sheet

At each fiscal year end

FY2025FY2024
Total assets$1.37bn$531.3m
Total liabilities$1.43bn$708.5m
Debt$172.8m$39.0m
Shareholders' equity−$246.5m−$177.2m
Shares outstanding294m294m

Cash flow

Fiscal years

FY2025FY2024
Cash from operations−$31.8m−$54.7m
Capital spending−$465.7m−$178.7m
Free cash flow−$497.4m−$233.4m

Financial ratios

Data as of 5 Oct 2026

FY2025FY2024
Gross margin-391.3%-91.0%
Operating margin-35366.7%-21024.1%
Net margin-51097.8%-20658.3%
Return on equity28.6%23.2%
Return on assets-5.2%-7.7%
Revenue growth-30.7%—
Earnings growth71.5%—
Current ratio3.17x3.07x
Debt to equity-0.72x-0.22x
Equity ratio-18.1%-33.4%
Interest coverage-5.81x-54.62x
R&D as a share of sales96.4%48.7%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin-91.1%———

Market value over time

29 May 2026 to 2 Oct 2026, in USD

$10.40bn$4.26bn

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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