profit from every $100 of sales.
$0$100
Fervo Energy
$11.51-1.20% today
-57.4% since May 11, 26
1-year low $7.791-year high $42.50
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2024 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Fervo Energy sold, what it kept, and what it did with the cash.
Sales went from $199,000 in 2024 to $138,000 in 2025, with -$57.8 million of profit last year.
SalesProfit
Fervo Energy vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Fervo Energy | No profit yet | ||
 Dominion Energy | 19.9× · Fair price | ||
 WEC Energy Group | 24.8× · Fair price | ||
 Public Service Enterprise Group | 17.9× · Fair price | ||
 Ameren | 21.8× · Fair price |
AI analysis
An AI analyst reads Fervo Energy's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2024 | 2025 |
|---|---|---|
| 0 | 0 | |
| -0 | -0 | |
| -42 | -49 | |
| -40 | -49 | |
| -41 | -58 | |
| -0.14 | – | |
| -91.0% | -181.2% | |
| -21,024.1% | -35,366.7% | |
| -20,658.3% | -41,875.4% |
Balance sheet
| In millions of USD | 2024 | 2025 |
|---|---|---|
| Total assets | 531 | 1,365 |
| Cash | 193 | 462 |
| Total debt | 82 | 250 |
| Total liabilities | 708 | 1,432 |
| -177 | -246 | |
| 284 | – | |
| – | -1,026.6% | |
| 23.2% | 23.4% |
Cash flow
| In millions of USD | 2024 | 2025 |
|---|---|---|
| -55 | -32 | |
| 179 | 466 | |
| -233 | -497 | |
| Dividends paid | – | – |
| 0 | 2 | |
| 1 | 3 |
Valuation
- –
- –
- –
- –
- 24,606.5×
- –
- –
- -14.6%
- -1.7%
- –
Profitability
- -181.2%
- -35,366.7%
- -41,875.4%
- –
- –
- –
- –
- –
- –
- –
Growth
- −30.7%
- –
- –
- –
- –
Financial health
- –
- –
- –
- –
- –
- –
- –
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 1%of 397
Bottom 8%of 396
News
Fervo Energy soars as Cape Station's first GeoBlock enters commercial operationSeeking Alpha · Nov 9, 2026Fervo Energy Company Q3 2026 Earnings PreviewSeeking Alpha · Nov 6, 2026Fervo Energy reaches commercial operation at Utah geothermal plantSeeking Alpha · Oct 1, 2026Fervo Energy secures two Department of Energy awards to develop geothermal projectsSeeking Alpha · Sep 22, 2026Why Fervo Energy Stock Skyrocketed TodayYahoo Finance · Sep 2, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Fervo Energy
Is Fervo Energy a good stock to buy?
A business with weak numbers that is not profitable yet. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Fervo Energy AI analysis
What does Fervo Energy do?
Fervo Energy Company, a geothermal energy developer, builds, owns, and operates geothermal power facilities. The company's product incorporates horizontal drilling and distributed fiber optic sensing that increase the productivity and lifetime of geothermal wells. It is in Regulated Electric, based in Houston, TX, United States, with 199 employees.
Does Fervo Energy pay a dividend?
No. Fervo Energy does not pay a dividend at the moment; in 2025 it returned $1.94 million to shareholders by buying back its own shares.
Is Fervo Energy stock halal?
Yes. Fervo Energy passes our halal screen: its business is permitted and its debt is 7% of its market value, under the 30% limit. How we check
Who are Fervo Energy's competitors?
The largest listed companies in the same industry are Dominion Energy, WEC Energy Group, Public Service Enterprise Group and Ameren. The peers table on this page compares their profit, growth and price with Fervo Energy's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.