Fervo Energy Co (FRVO) FY2026 Q2 Balance Sheet

Income StatementCash FlowBalance Sheet

Balance Sheet

As of 2026-06-30

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Fervo Energy Co (FRVO) FY2026 Q2 Balance SheetBalance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.Current liabilities$250.03 MCurrent assets$2.15 BLiabilities$554.28 MAssets$3.54 BNon-current liabilities$304.25 MEquity$2.79 BGross equity(calculated)$3.13 BNon-current assets$1.38 BTemporary equity$186.98 MHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSCash and cash equivalentsPrepaid expenses and otherGrant receivablesConstruction-in-processOperating leases right-of-use assetsOther long-term assetsDepositsRestricted cashAccrued capital expendituresAccounts payableOperating lease liabilitiesCurrent portion of long-term debtOther current liabilitiesLong-term debt, net of issuance costs and current portionOperating lease liabilitiesOther long-term liabilitiesAdditional paid-in capitalCommon stock - Class A common stockCommon stock - Class B common stockRedeemable noncontrolling interestCurrent assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityGross equity (calculated)Accumulated deficitTemporary equityAccrued capital expendituresAccrued capital expenditures$173.96 MAccounts payableAccounts payable$29.67 MCurrent liabilitiesCurrent liabilities$250.03 MOperating lease liabilitiesOperating lease liabilities$24.74 MCurrent assetsCurrent assets$2.15 BLiabilitiesLiabilities$554.28 MCurrent portion of long-term debtCurrent portion of long-term debt$11.04 MCash and cash equivalentsCash and cash equivalents$2.11 BOther current liabilitiesOther current liabilities$10.61 MAssetsAssets$3.54 BLong-term debt, net of issuance costs and current portionLong-term debt, net$217.38 MNon-current liabilitiesNon-current liabilities$304.25 MOperating lease liabilitiesOperating lease liabilities$85.12 MEquityEquity$2.79 BPrepaid expenses and otherPrepaid expenses and other$30.63 MOther long-term liabilitiesOther long-term liabilities$1.75 MGrant receivablesGrant receivables$17.18 MGross equity (calculated)Gross equity(calculated)$3.13 BNon-current assetsNon-current assets$1.38 BConstruction-in-processConstruction-in-process$1.24 BAdditional paid-in capitalAdditional paid-in capital$3.13 BOperating leases right-of-use assetsOperating leases right-of-use assets$88.67 MOther long-term assetsOther long-term assets$33.48 MTemporary equityTemporary equity$186.98 MDepositsDeposits$12.60 MRestricted cashRestricted cash$11.00 MCommon stock - Class A common stockCommon stock - Class A common stock$29.00 KCommon stock - Class B common stockCommon stock - Class B common stock$1.00 KRedeemable noncontrolling interestRedeemable noncontrolling interest$186.98 MAccumulated deficitAccumulated deficit−$332.28 M
Chart details

Fervo Energy Co (FRVO) FY2026 Q2 Balance Sheet

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

Assets
3,535,089,000 US dollars
Current assets
2,154,182,000 US dollars
Non-current assets
1,380,907,000 US dollars
Liabilities
554,276,000 US dollars
Current liabilities
250,028,000 US dollars
Non-current liabilities
304,248,000 US dollars
Equity
2,793,837,000 US dollars
Temporary equity
186,976,000 US dollars
Cash and cash equivalents
2,106,371,000 US dollars
Prepaid expenses and other
30,634,000 US dollars
Grant receivables
17,177,000 US dollars
Construction-in-process
1,235,160,000 US dollars
Operating leases right-of-use assets
88,667,000 US dollars
Other long-term assets
33,478,000 US dollars
Deposits
12,602,000 US dollars
Restricted cash
11,000,000 US dollars
Accrued capital expenditures
173,961,000 US dollars
Accounts payable
29,667,000 US dollars
Operating lease liabilities
24,744,000 US dollars
Current portion of long-term debt
11,042,000 US dollars
Other current liabilities
10,614,000 US dollars
Long-term debt, net of issuance costs and current portion
217,376,000 US dollars
Operating lease liabilities
85,123,000 US dollars
Other long-term liabilities
1,749,000 US dollars
Additional paid-in capital
3,126,084,000 US dollars
Common stock - Class A common stock
29,000 US dollars
Common stock - Class B common stock
1,000 US dollars
Common stock - Common stock
0 US dollars
Treasury stock, at cost; 0 and 270 shares as of March 31, 2026 and December 31, 2025, respectively
0 US dollars
Accumulated deficit
negative 332,277,000 US dollars
Redeemable noncontrolling interest
186,976,000 US dollars
Temporary Equity, Carrying Amount, Attributable to Parent
0 US dollars
Gross equity (calculated)
3,126,114,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

  • Assets equal liabilities plus temporary equity plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
  • Treasury shares and other negative equity contributions reduce equity.
Fervo Energy Co (FRVO) FY2026 Q2 Balance Sheet Sankey chart
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