Faraday Future Intelligent Electric (FFAI) financial statements
Faraday Future Intelligent Electric reported revenue of $536,000 in fiscal 2025, down 17.3% a year over 2 years.
Net income was -$391M.
Free cash flow was -$115M.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Faraday Future Intelligent Electric's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | $0 | $784,000 | $539,000 | $536,000 |
| Cost of revenue | — | — | $0 | $43M | $84M | $98M |
| Gross profit | — | — | $0 | -$42M | -$83M | -$98M |
| Research and development | $20M | $175M | $300M | $132M | $25M | $17M |
| Selling, general and admin | $45M | $115M | $134M | $106M | $52M | $68M |
| Operating income | -$65M | -$354M | -$437M | -$286M | -$150M | -$331M |
| Interest expense | $32M | $30M | $6M | — | — | — |
| Pre-tax income | -$147M | -$516M | -$602M | -$432M | -$356M | -$397M |
| Income tax | $3,000 | $240,000 | $61,000 | $109,000 | -$267,000 | $63,000 |
| Net income | -$147M | -$517M | -$602M | -$432M | -$356M | -$391M |
| Gross margin | — | — | — | -5334.6% | -15489.8% | -18239.9% |
| Operating margin | — | — | — | -36486.5% | -27780.7% | -61763.1% |
| Net margin | — | — | — | -55069.4% | -66019.9% | -72891.0% |
Balance sheet
Fiscal years, from Faraday Future Intelligent Electric's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $549,395 | $505M | $17M | $2M | $7M | $35M |
| Receivables | — | — | $0 | $7,000 | $0 | $257,000 |
| Inventory | — | — | $4M | $34M | $27M | $3M |
| Total current assets | $14M | $607M | $85M | $91M | $72M | $69M |
| Property, plant and equipment | $294M | $293M | $406M | $418M | $349M | $155M |
| Goodwill | — | — | — | — | $0 | $26M |
| Total assets | $316M | $907M | $529M | $531M | $425M | $278M |
| Total current liabilities | $849M | $294M | $268M | $261M | $193M | $148M |
| Total liabilities | $896M | $340M | $328M | $302M | $310M | $270M |
| Shareholders' equity | -$579M | $568M | $201M | $228M | $115M | -$27M |
| Net debt | -$549,395 | -$505M | -$17M | -$2M | -$7M | -$35M |
Cash flow
Fiscal years, from Faraday Future Intelligent Electric's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$41M | -$340M | -$383M | -$278M | -$70M | -$108M |
| Capital spending | $607,000 | $96M | $123M | $31M | $8M | $8M |
| Free cash flow | -$42M | -$435M | -$506M | -$309M | -$78M | -$115M |
| Stock-based compensation | $10M | $11M | $18M | $9M | $8M | $3M |
| Share buybacks (net) | — | $0 | -$767,000 | $0 | — | — |
| Free cash flow margin | — | — | — | -39449.9% | -14427.8% | -21496.3% |
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Open FFAI in InvestinglyQuestions
What was Faraday Future Intelligent Electric's revenue in 2025?
$536,000 in fiscal 2025, from its 10-K filing.
How much free cash flow does Faraday Future Intelligent Electric generate?
-$115M in fiscal 2025 (operating cash flow minus capital spending).
From Faraday Future Intelligent Electric's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.