Fermi (FRMI) Total Operating Expense: $343.95 Mil (TTM As of Mar. 2026)


FRMI Fermi Inc FRMI
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What is Fermi Total Operating Expense?

Fermi FRMI +1.86% 14 Total Operating Expense is $343.95 Mil as of Mar. 2026. GuruFocus rates FRMI with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

Fermi's Total Operating Expense for the three months ended in Mar. 2026 was $166.24 Mil. Fermi's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $343.95 Mil.

Fermi Total Operating Expense Related Terms

Fermi Total Operating Expense Historical Data

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The historical data trend for Fermi's Total Operating Expense 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 Total Operating Expense Chart

Fermi Annual Data
Trend Dec25
Total Operating Expense
177.78

Fermi Quarterly Data
Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 0.08 5.61 37.78 134.32 166.24
FRMI
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Fermi Inc FRMI
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Fermi Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $343.95 Mil.

* 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.

What does a Total Operating Expense of $343.95 Mil mean?
Fermi (FRMI) has a Total Operating Expense of $343.95 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Fermi and its competitors.
Is Fermi's Total Operating Expense too high?
Fermi's current Total Operating Expense is $343.95 Mil. Overall, Fermi has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Fermi's Total Operating Expense compare to OUT and RYN?
Fermi's Total Operating Expense of $343.95 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 Total Operating Expense for a REITs company?
A good Total Operating Expense depends on the REITs industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Fermi and its competitors. Fermi's current Total Operating Expense is $343.95 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 Total Operating Expense of $343.95 Mil. The current Total Operating Expense is $343.95 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Fermi (FRMI), the current Total Operating Expense is $343.95 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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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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