Filing Flows › Fervo Energy (FRVO) › Q1 2026
Fervo Energy (FRVO) Q1 2026 earnings results (first quarter 2026)
10-Q filed Jun 23, 2026
Fervo Energy (FRVO) reported revenue of $61K for the first quarter 2026 (Q1 2026).
Fervo Energy, Q1 2026: revenue $61K, net loss $31.8M, operating cash flow −$9.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61K | — | — |
| Operating profit | −$20.1M | — | — |
| Net earnings | −$31.8M | — | — |
| Operating cash flow | −$9.0M | — | — |
What changed
Revenue was $61K in Q1 2026.
Operating costs exceeded revenue by $20.1M, an operating margin of -32872.1%. The quarter ended with a net loss of $31.8M.
Operating cash flow was −$9.0M. Non-cash charges added back $93K of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items added $20.1M. Capital expenditures of $172.8M exceeded it, leaving free cash flow of −$181.8M.
Questions
What was Fervo Energy's revenue in the first quarter 2026?
Fervo Energy (FRVO) reported revenue of $61K for the first quarter 2026 (Q1 2026).
Source: Fervo Energy 10-Q on SEC EDGAR.