Fervo Energy Overview
- Year Founded
-
2017
- Status
-
Public
- Employees
-
199
- Stock Symbol
-
FRVO
- Share Price
-
$11.65
- (As of Thursday Closing)
Fervo Energy General Information
Description
Fervo Energy Co operates as a geothermal energy developer that builds, owns, and operates geothermal power facilities. Its innovations include technologies such as computational models, horizontal drilling, and distributed fiber optic sensing. The company's revenue is derived mainly from the sale of electricity from geothermal resources, facilitated through long-term PPAs with utilities and other entities.
Contact Information
Website
www.fervoenergy.comCorporate Office
- 811 Main Street
- Suite 1700
- Houston, TX 77002
- United States
Corporate Office
- 811 Main Street
- Suite 1700
- Houston, TX 77002
- United States
Fervo Energy Timeline
Fervo Energy Stock Performance
As of 12-Nov-2026, Fervo Energy’s stock price is $11.65. Its current market cap is $3.44B with 295M shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $11.65 | $12.94 | $7.63 - $42.65 | $3.44B | 295M | 8.38M | -$0.82 |
Fervo Energy Financials Summary
As of 30-Sep-2026, Fervo Energy has a trailing 12-month revenue of $373K.
|
In Thousands, USD |
TTM 30-Sep-2026 | FY 2025 31-Dec-2025 | FY 2024 31-Dec-2024 |
|---|---|---|---|
| EV | 2,424,722 | ||
| Revenue | 373 | 138 | 199 |
| EBITDA | (145,189) | (53,283) | (41,951) |
| Net Income | (128,689) | (57,788) | (41,110) |
| Total Assets | 3,638,547 | 1,365,168 | 531,299 |
| Total Debt | 431,309 | 250,298 | 81,798 |
Fervo Energy Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Fervo Energy Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|
Fervo Energy Comparisons
Industry
Financing
Details
Fervo Energy Competitors (11)
One of Fervo Energy’s 11 competitors is Apex Clean Energy, a Private Equity-Backed company based in Charlottesville, VA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Apex Clean Energy | Private Equity-Backed | Charlottesville, VA | ||||
| Cogentrix Energy | Formerly PE-Backed | Charlotte, NC | ||||
| Terra-Gen | Private Equity-Backed | New York, NY | ||||
| NextEra Energy Resources | Corporation | Juno Beach, FL | ||||
| CeraPhi | Accelerator/Incubator Backed | Norfolk, United Kingdom |
Fervo Energy Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
News about Fervo Energy
Dive into recent articles by PitchBook offering invaluable insights and context.
-
NEWS | May 13, 2026
Fervo rides data center energy boom with 35% IPO pop
The energy startup, which develops next-generation geothermal technology, raised $1.89 billion in its upsized IPO.
-
NEWS | Feb 4, 2026
Could an underdog energy source help power the AI boom?
The geothermal industry says there's a vast untapped energy source just underneath the Earth's surface, and that AI could help us find and benefit from it.
Fervo Energy Patents
Fervo Energy Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2026183230-A1 | Fracture orientation in geothermal stimulation | Pending | 25-Feb-2025 | ||
| WO-2026076217-A1 | Underground pipeline installation for geothermal | Pending | 03-Oct-2024 | ||
| WO-2025171116-A1 | Drilling performance in a horizontal egs development | Pending | 06-Feb-2024 | ||
| US-20250251523-A1 | Geology, temperature, geophysics, stress orientations, and natural fracturing | Pending | 06-Feb-2024 | ||
| WO-2025171177-A1 | Geology, temperature, geophysics, stress orientations, and natural fracturing | Pending | 06-Feb-2024 | G01V3/38 |
Fervo Energy Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Fervo Energy ESG
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
Rank
Percentile
Utilities
Industry
Rank
Percentile
Renewable Power Production
Subindustry
Rank
Percentile
Fervo Energy Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Forty Mile Desert Resources | Houston, TX | 2022 |
Fervo Energy FAQs
-
When was Fervo Energy founded?
Fervo Energy was founded in 2017.
-
Where is Fervo Energy headquartered?
Fervo Energy is headquartered in Houston, TX.
-
What is the size of Fervo Energy?
Fervo Energy has 199 total employees.
-
What industry is Fervo Energy in?
Fervo Energy’s primary industry is Energy Infrastructure.
-
Is Fervo Energy a private or public company?
Fervo Energy is a Public company.
-
What is Fervo Energy’s stock symbol?
The ticker symbol for Fervo Energy is FRVO.
-
What is the current stock price of Fervo Energy?
As of 12-Nov-2026 the stock price of Fervo Energy is $11.65.
-
What is the current market cap of Fervo Energy?
The current market capitalization of Fervo Energy is $3.44B.
-
What is Fervo Energy’s current revenue?
The trailing twelve month revenue for Fervo Energy is $373K.
-
Who are Fervo Energy’s competitors?
Apex Clean Energy, Cogentrix Energy, Terra-Gen, NextEra Energy Resources, and CeraPhi are some of the 11 competitors of Fervo Energy.
-
What is Fervo Energy’s annual earnings per share (EPS)?
Fervo Energy’s EPS for 12 months was -$0.82.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
