Fermi Inc. (FRMI) Q4 2025 Earnings Call Transcript

SA Transcripts159.16K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Fermi Inc. (FRMI) Q4 2025 Earnings Call March 30, 2026 9:00 AM EDT Company Participants Rodrigo AcunaToby Neugebauer - Co-Founder, President, CEO & DirectorMiles Everson - Chief Financial Officer Conference Call Participants Paul Golding - Macquarie ResearchVikram Malhotra - Mizuho Americas LLCRyan Gravett - UBS Investment Bank, Research DivisionStephen Gengaro - Stifel, Nicolaus & Company, Incorporated, Research DivisionNicholas Amicucci - Evercore ISI Institutional Equities, Research DivisionSkye Landon - Rothschild & Co Redburn, Research DivisionDerrick Whitfield - Texas Capital Securities, Research DivisionJoe Brent - Panmure Liberum Limited, Research DivisionRichard Anderson - Cantor Fitzgerald & Co., Research DivisionAndrew Fisher - Joh. Berenberg, Gossler & Co. KG, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by, and welcome to Fermi America's Earnings Conference Call. Today's call will be conducted by Rodrigo Acuna, Fermi America's Director of Investor Relations. Before I turn the call over to Mr. Acuna, I'd like to read the company's abbreviated safe harbor statements. I'd like to remind you that statements made in this conference call concerning future revenues, results from operations, financial positions, markets, economic conditions, product releases, partnerships and any other statements that may be construed as predictions of future performance or events are forward-looking statements, which may involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such statements. Any non-GAAP measures that may be discussed on the call are supplemental to GAAP results and are intended to provide additional perspective on the company's ongoing operations. With that said, Mr. Acuna, the floor is yours.

Rodrigo Acuna Thank you, operator, and good morning, everyone. Welcome to Fermi America's Fourth Quarter and Full Year 2025 Earnings Call. Joining me today are Toby Neugebauer, our Co-Founder and CEO; and Miles Everson, our CFO.