Inferra AI / Company / FRVO
Fervo Energy Co
FRVO · Utilities
Last earnings Aug 12, 2026
AI analysis
Q2 2026 · reported Aug 12, 2026
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
The event-summary record for this company carries no extracted figures, so the brief and charts cannot be drawn yet. The summary below and the held documents are the record for this event.
Guidance · company-stated
No guidance located in the held release
Capital allocation
Reported Q2 2026 capital expenditures of $226.5 million, compared to $108.0 million in Q2 2025, reflecting continued investment in Cape Station development and construction activities.
Event summary
Fervo Energy Co Q2 2026 results
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Reported Q2 2026 capital expenditures of $226.5 million, compared to $108.0 million in Q2 2025, reflecting continued investment in Cape Station development and construction activities.
SEC original ↗Fervo Energy Co — Earnings release (8-K exhibit)EX-99Aug 12, 2026
Expect total capital expenditures of approximately $850.0 to $900.0 million in the second half of 2026, in line with previously disclosed expectations, reflecting continued construction activity at Cape Station as well as broader pipeline development activities, including long-lead procurement and appraisal work across the Company's GeoCluster portfolio.
SEC original ↗Fervo Energy Co — Earnings release (8-K exhibit)EX-99Aug 12, 2026
Earlier in the quarter, Fervo repaid all outstanding borrowings under the loan agreements with XRL ALC, LLC (the XRC Facility ) using proceeds from the Project Granite Facility, the $421 million non-recourse project debt financing for the first phase of Cape Station that Fervo closed in Q1 2026, and the XRC Facility was terminated.
SEC original ↗Fervo Energy Co — Earnings release (8-K exhibit)EX-99Aug 12, 2026
$ 29,667 $ 10,789 Accrued capital expenditures ...................................................................................................
SEC original ↗Fervo Energy Co — Earnings release (8-K exhibit)EX-99Aug 12, 2026
173,961 119,303 Current portion of long-term debt ............................................................................................
SEC original ↗Fervo Energy Co — Earnings release (8-K exhibit)EX-99Aug 12, 2026
250,028 151,911 Long-term debt, net of issuance costs and current portion ......................................................
SEC original ↗Fervo Energy Co — Earnings release (8-K exhibit)EX-99Aug 12, 2026
Strategy & priorities
This expansion incorporates the Company's 3.0 well design, with longer laterals and larger-diameter casing than Phase I, engineered to increase power output per well while reducing installed cost per kilowatt.
SEC original ↗Fervo Energy Co — Earnings release (8-K exhibit)EX-99Aug 12, 2026
The IPO allows Fervo to accelerate its strategic priorities, as the Company prepares to place over a gigawatt of capacity online by the end of the decade.
SEC original ↗Fervo Energy Co — Earnings release (8-K exhibit)EX-99Aug 12, 2026
The Company s activities to date have been primarily focused on technological development, capital raising, and the establishment of geothermal production capabilities.
SEC original ↗Fervo Energy Co — 10-Q Quarterly report10-QAug 13, 2026
Under the terms of the Granite Credit Agreement, the obligations are secured on a first priority basis by substantially all assets of the Borrowers, including project level assets associated with the Cape Station Phase I geothermal facility, subject to customary permitted liens.
SEC original ↗Fervo Energy Co — 10-Q Quarterly report10-QAug 13, 2026
Risks & headwinds
FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, which involve risks, uncertainties, and assumptions.
SEC original ↗Fervo Energy Co — Earnings release (8-K exhibit)EX-99Aug 12, 2026
Although Fervo believes that the expectations and assumptions reflected in its forward-looking statements are reasonable as and when made, they involve risks and uncertainties that are difficult to predict and, in many cases, beyond Fervo s control.
SEC original ↗Fervo Energy Co — Earnings release (8-K exhibit)EX-99Aug 12, 2026
Legal Proceedings 15 Item 1A.
SEC original ↗Fervo Energy Co — 10-Q Quarterly report10-QAug 13, 2026
These estimates involve inherent uncertainties and the application of management s judgment.
SEC original ↗Fervo Energy Co — 10-Q Quarterly report10-QAug 13, 2026
The assumptions used to determine fair value represent management s best estimates, involving inherent uncertainties and the application of judgment.
SEC original ↗Fervo Energy Co — 10-Q Quarterly report10-QAug 13, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
8 documentsEarnings releases
5 documentsPresentations
0 documentsNo presentations for Fervo Energy Co are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Fervo Energy Co are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.