Fermi (FRMI) Retained Earnings: $-321.89 Mil (As of Mar. 2026)

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FRMI Fermi Inc FRMI
14 GF Score
Price $6.12
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What is Fermi Retained Earnings?

Fermi FRMI +1.16% 14 Retained Earnings is $-321.89 Mil as of Mar. 2026. GuruFocus rates FRMI with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fermi's retained earnings for the quarter that ended in Mar. 2026 was $-321.89 Mil.

Fermi's quarterly retained earnings declined from Sep. 2025 ($0.00 Mil) to Dec. 2025 ($-133.20 Mil) and declined from Dec. 2025 ($-133.20 Mil) to Mar. 2026 ($-321.89 Mil).

Fermi's annual retained earnings stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Dec. 2025 ($-133.20 Mil).

Fermi  (NAS:FRMI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Fermi Retained Earnings Historical Data

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The historical data trend for Fermi's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fermi Retained Earnings Chart

Fermi Annual Data
Trend Dec25
Retained Earnings
-133.20

Fermi Quarterly Data
Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 0.00 0.00 0.00 -133.20 -321.89
FRMI
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Fermi Inc FRMI
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Fermi Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-321.89 Mil mean?
Fermi (FRMI) has a Retained Earnings of $-321.89 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Fermi and its competitors.
Is Fermi's Retained Earnings too high?
Fermi's current Retained Earnings is $-321.89 Mil. Overall, Fermi has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Fermi's Retained Earnings compare to OUT and RYN?
Fermi's Retained Earnings of $-321.89 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a REITs company?
A good Retained Earnings depends on the REITs industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Fermi and its competitors. Fermi's current Retained Earnings is $-321.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fermi stock overvalued right now?
Fermi (FRMI) has a current Retained Earnings of $-321.89 Mil. The current Retained Earnings is $-321.89 Mil. Fermi's overall GF Score™ is 14/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Fermi (FRMI), the current Retained Earnings is $-321.89 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fermi Business Description

Industry Real EstateREITs
Other Exchanges FRMI:UKH3V:Germany
Address 620 South Taylor Street, Suite 301, Amarillo, TX, USA, 79101
Fermi Inc building a private power campus for AI-centric customers, developing and leasing large-scale, grid-independent energy generation and high-performance computing facilities purpose-built for the hyperscale era. The company is also developing a private energy and site infrastructure platform across the campus to support multiple powered shell buildings and a diversified, integrated power supply, including private power generation and delivery infrastructure, substations, internal distribution networks, water and cooling systems, and other essential infrastructure. In addition to powered shell facilities, it may offer long-term ground leases to tenants that elect to construct their own powered shell facilities on land, with or without integrated power delivery.
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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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