The financials
Fervo Energy Company by the numbers
Fervo Energy Company (FRVO) reported revenue of $113K in Q2 2026 (quarter ended June 30, 2026). That came with a gross margin of −171% and net loss of $56M.
| Income statement | Q2 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $113K | $0 | n/a |
| Gross profit | −$193K | −$252K | n/a |
| Operating income | −$29M | −$9.9M | n/a |
| Net income | −$56M | −$9.1M | n/a |
| Diluted EPS | −$0.38 | −$1.02 | n/a |
Utilities - Renewable
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