Fervo Energy Company
FRVO
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Fervo Energy operates in the rapidly growing renewable energy sector, which is expected to see significant investment and demand as global energy policies shift towards sustainability.
- Revenue increased by 85% compared to the prior quarter, reaching $0.1 million.
- Gross margin improved to -170.8%, up from -690.2% in the previous quarter.
- Fervo Energy faces challenges with its current financial performance, including negative profit margins and high operating losses, which may deter potential investors.
- The operating margin remains extremely negative at -25435.4%.
- The company has a debt-to-equity ratio of 11.349, indicating high leverage and potential financial risk.
Fundamentals
| Market cap | $4.07B | Enterprise value | $2.49B | Trailing P/E | — | Forward P/E | -50.58 |
| PEG | — | Price / book | 1.46 | Beta | — | Dividend yield | 0.00% |
| Revenue growth | — | Earnings growth | — | Gross margin | -145.5% | Operating margin | -254.4% |
| Profit margin | 0.0% | ROE | — | ROA | — | Debt / equity | 0.11 |
| Current ratio | 8.62 | Free cash flow | — | Analyst recommendation | strong_buy | Mean target | $39.07 |
| 52w high | $42.65 | 52w low | $13.10 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|
| Revenue | $0.1M | $0.1M | $0.0M | $0.0M |
| Op margin | -25435.4% | -32872.1% | — | — |
| Net income | -$59.5M | -$35.3M | -$11.6M | -$9.1M |
| Gross margin | -170.8% | -690.2% | — | — |
| Gross profit | -$0.2M | -$0.4M | -$0.2M | -$0.3M |
| Operating income | -$28.7M | -$20.1M | -$10.3M | -$9.9M |
- Revenue +85% vs prior quarter ($0.1M vs $0.1M).
- Gross margin -170.8% (was -690.2% prior quarter).
- Operating margin expanded to -25435.4%.
Yearly (6y)
| 2025 | 2024 | |
|---|---|---|
| Revenue | $0.1M | $0.2M |
| Op margin | -35366.7% | -21024.1% |
| Net income | -$57.8M | -$41.1M |
| Gross margin | -181.2% | -91.0% |
| Gross profit | -$0.3M | -$0.2M |
| Operating income | -$48.8M | -$41.8M |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-09 · Fervo Energy (FRVO) Could Be 65% Undervalued As Cape Station Starts Revenue
2026-10-08 · Fervo Energy (FRVO) Stock May Stay Rich After Cape Station First Power
2026-10-06 · Why Did JOBY, FRVO, PEP Stocks Plunge To 52-Week Lows Today?
2026-10-05 · Fervo Energy Reaches Commercial Operation at Cape Station
2026-10-04 · The AI Buildout Needs Power It Cannot Get: 4 Energy Stocks Already Have It
2026-10-03 · MarketBeat Week in Review – 09/28 - 10/02
2026-10-02 · Fervo Stock Surges as It Declares Commercial Operation Ahead of Schedule
2026-10-01 · World’s first enhanced geothermal power plant completed in just 23 months
2026-10-01 · Wolfe Research sees nearly 100% upside in crashing energy stock
2026-10-01 · Fervo Energy's First Cape Station GeoBlock Reaches Commercial Operation
Price (daily)
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