Filing Flows › Companies › Fervo Energy › Cash flow
Fervo Energy cash flow, quarter by quarter
Latest: Q2 2026 · from the cash-flow statements filed with the SEC
Free cash flow−$261M in Q2 2026
Analysis
In Q2 2026, Fervo Energy generated −$34.7M of operating cash flow and spent $226M on capital projects, leaving free cash flow of −$261M. That is $142M less than in Q2 2025 (−$119M).
Operating cash flow was −$34.7M against net income of −$55.9M. The largest differences: prepaid and other assets −$20.2M, stock-based pay +$8.2M, other operating capital −$5.8M.
Free cash flow
Where the cash came from and went
From profit to cash
Every quarter
| Quarter | Operating cash flow | Capital spending | Buybacks | Net borrowing (+) / repaid (−) | Shares issued | Cash drawn (+) / kept (−) | Free cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | −$34.7M | −$226M | — | $198M | $375K | −$1.8B | −$261M |
| Q1 2026 | −$9.0M | −$173M | — | — | $826K | $181M | −$182M |
| Q2 2025 | −$10.9M | −$108M | −$15K | $15.0M | $66K | $22.5M | −$119M |
| Q1 2025 | $17.1M | −$105M | −$1.9M | $8.0M | $89K | $82.2M | −$88.4M |
Fervo Energy: income statement and cash flow
Fervo Energy, Q2 2026: revenue $113K. The chart follows the revenue to costs, profit and cash.
Fervo Energy: every quarter, Q/Q and Y/Y → Open in the app
Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.