Filing Flows

Filing Flows › Fervo Energy (FRVO) › Q2 2026

Fervo Energy (FRVO) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Fervo Energy (FRVO) reported revenue of $113K for the second quarter 2026 (Q2 2026) and +85% from the quarter before.

Revenue$113K
Year over year—
Quarter over quarter+85%
Operating margin—
Net earnings−$55.9M

Fervo Energy, Q2 2026: revenue $113K, net loss $55.9M, operating cash flow −$34.7M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$113K+85%—
Operating profit−$28.7M——
Net earnings−$55.9M——
Operating cash flow−$34.7M——

What changed

Revenue was $113K in Q2 2026, up 85% from the previous quarter.

Operating costs exceeded revenue by $28.7M, an operating margin of -25435.4%. The quarter ended with a net loss of $55.9M, wider than the previous quarter's $31.8M loss.

Operating cash flow was −$34.7M. Non-cash charges added back $344K of depreciation and amortization and $8.2M of share-based compensation. Working capital and other items added $12.6M. Capital expenditures of $226.5M exceeded it, leaving free cash flow of −$261.2M.

Questions

What was Fervo Energy's revenue in the second quarter 2026?

Fervo Energy (FRVO) reported revenue of $113K for the second quarter 2026 (Q2 2026) and +85% from the quarter before.

Open the interactive Sankey →

Source: Fervo Energy 10-Q on SEC EDGAR.