Fervo Energy Co balance sheet FRVO

Annual Quarterly

As of Jun 30, 2026, Fervo Energy Co had total assets of $3.5 billion and total liabilities of $554.3 million. Stockholders' equity was $2.8 billion. It held $2.1 billion in cash and investments against $338.3 million of total debt, net cash of $1.8 billion. The current ratio, current assets divided by current liabilities, was 8.62.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2026
Jun 30, 2026
Assets
Cash
2,106
Cash and investments
2,106
Total current assets
2,154
Total assets
3,535
Liabilities and equity
Total current liabilities
250
Total liabilities
554
Stockholders' equity
2,794
Debt
Debt due within a year
11
Long-term debt
217
Lease liabilities
110
Total debt
338
Net cash
1,768
Ratios
Current ratio
8.62x
Debt to equity
0.12x
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry
Electric Services (SIC 4911)
Listed as
FRVO (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Houston, TX
SEC filer status
, Emerging growth company
SEC CIK
1853868

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.