$31.77-0.71 (-2.19%)
Fervo Energy Company operates as a geothermal energy developer, builds, owns, and operates geothermal power facilities.
| Metric (USD) | Q1 2026 |
|---|---|
| Total Revenue | $138,000 |
| Gross Profit | -$250,000 |
| Operating Income | -$48.81M |
| Net Income | -$57.79M |
Fervo Energy Company operates as a geothermal energy developer, builds, owns, and operates geothermal power facilities. The company's product incorporates horizontal drilling, advanced computational models, and distributed fiber optic sensing that in...
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Fervo Energy partnered with Nvidia and the Pacific Northwest National Laboratory to develop EGS-Twin, a digital twin platform that uses real-time data and AI simulations to improve the performance and understanding of enhanced geothermal systems.
Fervo Energy (FRVO) remains on track to bring its initial 33 megawatt online at the Cape Station Pha
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Fervo early Monday announced an agreement with Nvidia and Pacific Northwest Laboratory to develop a next-generation digital platform for geothermal drilling operations, according to a media release. The Houston-based geothermal energy, which is backed by Bill Gates, will be working with the Pacific Northwest Laboratory and Nvidia to train artificial-intelligence models, which will then be integrated into the Nvidia Omniverse libraries, to help geothermal operations more efficiently drill deep into the earth to harness steam to generate electricity.