Fervo Energy Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Fervo Energy

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Fervo Energy Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	2211 Electric Power Generation, Transmission & Distribution
Address	127 Steiner Street San Francisco, CA 94117

Note: Revenues for privately held companies are statistical evaluations.


Fervo Energy's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Fervo Energy's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Fervo Energy is classified as operating in the Electric Power Generation, Transmission & Distribution industry, NAICS Code 2211.

Fervo Energy Annual Revenue and Growth Rate

Fervo Energy	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$10 - $100 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Fervo Energy's revenues are gauged from an analysis of company filings.

Fervo Energy's Income Statement (based on Industry Averages)

Fervo Energy P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

Fervo Energy has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
March 5, 2024	17	67%	$244 MM
Complete list of funding rounds and total amounts in the Company Report

Trademark Applications

Trademark applications show the products and services that Fervo Energy is developing and marketing. Fervo Energy's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
FERVOFLEX Generating of electricity from geothermal energy	07/27/2023
FERVO ENERGY Generating of electricity from geothermal energy	07/26/2023

See all trademarks and details in the Full Report.

Market Share of Fervo Energy's Largest Competitors

A competitive analysis shows these companies are in the same general field as Fervo Energy, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
CONSTELLATION ENERGY GENERATION	Kennett Square, PA	100
NATIONAL RURAL ELECTRIC COOPERATIVE ASSN	Arlington, VA	41
DUKE ENERGY	Charlotte, NC	16
SOUTHERN COMPANY SERVICES	Atlanta, GA	16
PACIFIC GAS & ELECTRIC	Oakland, CA	15
EXELON	Chicago, IL	13
NEXTERA ENERGY SERVICES DELAWARE	Juno Beach, FL	12
MIDAMERICAN ENERGY SERVICES	Des Moines, IA	11
BERKSHIRE HATHAWAY ENERGY	Des Moines, IA	11

Nearby Competitors

These companies are similar in business line and location to Fervo Energy. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
VIVINT SOLAR	San Francisco, CA	100
PATTERN ENERGY GROUP SERVICES	San Francisco, CA	42
CLEARWAY ENERGY GROUP	San Francisco, CA	36
LIGHTSOURCE RENEWABLE ENERGY US	San Francisco, CA	29
PLUS POWER	San Francisco, CA	11
FOREFRONT POWER DEVELOPMENT	San Francisco, CA	6

Future Competition: Fervo Energy's Fastest Growing Competitors

These companies are in the same general field as Fervo Energy and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)