Fermi Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Property, Plant & Equipment	957.03
Cash & Equivalents	408.53
Other Current Assets	47.75
Total Assets	1,413
Current Portion of Leases	0.43
Long-Term Leases	20.89
Accounts Payable	176.57
Other Long-Term Liabilities	9.75
Total Liabilities	317.44
Common Stock	0.63
Additional Paid-In Capital	1,228
Retained Earnings	-133.2
Shareholders' Equity	1,096
Total Liabilities & Equity	1,413
Total Debt	131.12
Net Cash (Debt)	277.41
Net Cash Per Share	0.59
Filing Date Shares Outstanding	629.84
Total Common Shares Outstanding	629.84
Book Value Per Share	1.74
Tangible Book Value	1,096
Tangible Book Value Per Share	1.74
Land	5.92
Construction In Progress	929.37

Source: S&P Capital IQ. Real Estate template. Financial Sources.