FARADAY FUTURE INTELLIGENT ELECTRIC INC.
Business
Faraday Future Intelligent Electric Inc. is an electric vehicle manufacturer designing and producing intelligent, connected battery-electric vehicles. The company manufactures vehicles at its Hanford, California facility and develops engineering capabilities in China and the United Arab Emirates. Primary offerings include the FF 91 ultra-luxury electric vehicle and FX Super One premium multi-purpose vehicle, with additional pipeline models. The company pursues a dual-home market strategy in the U.S. and China using a direct-to-consumer sales model.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 536,000 | 539,000 | 784,000 | 0 | — | |
| Cost of revenue | 98 | 84 | 43 | 0 | — | |
| Gross profit | −98 | −83 | −42 | 0 | — | |
| Research and development | 17 | 25 | 132 | 300 | 175 | |
| Settlement on accrued research and development expenses | 0 | −15 | 0 | — | — | |
| Sales and marketing | 12 | 9 | 23 | 22 | 17 | |
| General and administrative | 56 | 43 | 83 | 113 | 98 | |
| Loss on disposal of property, plant, and equipment | 2 | 2 | 4 | 3 | 64 | |
| Impairment of long-lived assets and deposits | 137 | 2 | — | — | — | |
| Impairment of goodwill | 5 | 0 | — | — | — | |
| Credit loss expense - short-term note receivable | 4 | 0 | — | — | — | |
| Total operating expenses | 233 | 66 | 244 | 437 | 354 | |
| Loss from operations | −331 | −150 | −286 | −437 | −354 | |
| Net loss on digital assets | −4 | 0 | — | — | — | |
| Other income (loss), net | 5 | −1 | −2 | −12 | −6 | |
| Loss before income taxes | −397 | −356 | −432 | −602 | −516 | |
| Income tax (expense) benefit | −63,000 | 267,000 | −109,000 | −61,000 | −240,000 | |
| Net loss | −397 | −356 | — | — | — | |
| Less: Net Loss attributable to noncontrolling interest | 6 | 0 | — | — | — | |
| Net Loss attributable to Faraday Future Intelligent Electric Inc. | −391 | −356 | −432 | −602 | −517 | |
| Foreign currency translation adjustment | −4 | 2 | 2 | 10 | −971,000 | |
| Total comprehensive loss | −401 | −354 | −429 | −592 | −517 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 35 | 7 | 2 | 17 | 505 | |
| Restricted cash | 27,000 | 30,000 | 2 | 2 | 25 | |
| Digital assets | 10 | 0 | — | — | — | |
| Accounts receivable | 257,000 | 0 | 7,000 | 0 | — | |
| Notes receivable, net of allowance for credit losses of $4,555 at December 31, 2025 | 343,000 | 0 | — | — | — | |
| Inventory, net (see Note 4) | 3 | 27 | 34 | 4 | — | |
| Deposits (see Note 5) | 10 | 31 | 31 | 44 | 63 | |
| Other current assets (see Note 5) | 9 | 6 | 22 | 17 | 13 | |
| Total current assets | 69 | 72 | 91 | 85 | 607 | |
| Property, plant and equipment, net | 155 | 349 | 418 | 406 | 293 | |
| Operating lease right-of-use assets, net | 5 | 2 | 16 | 20 | 0 | |
| Intangible assets, net | 5 | 1 | — | — | — | |
| Goodwill | 26 | 0 | — | — | — | |
| Other non-current assets (see Notes 4 and 5) | 19 | 2 | 5 | 6 | 7 | |
| Total assets | 278 | 425 | 531 | 529 | 907 | |
| Accounts payable | 57 | 71 | 93 | 92 | 38 | |
| Accrued expenses and other current liabilities | 59 | 57 | 62 | 66 | 88 | |
| Other financing liabilities, current portion | 951,000 | 761,000 | 0 | 1 | 3 | |
| Operating lease liabilities, current portion | 1 | 2 | 4 | 3 | 0 | |
| Total current liabilities | 148 | 193 | 261 | 268 | 294 | |
| Other financing liabilities, long term portion | 47 | 39 | 25 | 7 | 8 | |
| Operating lease liabilities, long term portion | 3 | 14,000 | 14 | 18 | 0 | |
| Other liabilities | 2 | 1 | 1 | 9 | 4 | |
| Total liabilities | 270 | 310 | 302 | 328 | 340 | |
| Commitments and Contingencies (Note 12) | — | — | — | — | — | |
| Preferred stock | 0 | 0 | 0 | — | — | |
| Additional paid-in capital | 4,674 | 4,422 | 4,181 | 3,724 | 3,482 | |
| Accumulated other comprehensive income | 4 | 8 | 6 | 4 | −7 | |
| Accumulated deficit | −4,705 | −4,314 | −3,958 | −3,527 | −2,908 | |
| Total stockholders equity (deficit) attributable to the Company | −27 | 115 | 228 | 201 | 568 | |
| Noncontrolling interest | 35 | 0 | — | — | — | |
| Total stockholders' equity (deficit) | 8 | 115 | 228 | — | — | |
| Total liabilities and stockholders equity (deficit) | 278 | 425 | 531 | 529 | 907 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization expense | 65 | 71 | 42 | 3 | 3 | |
| Amortization of operating lease right-of-use assets | 3 | 3 | 3 | 3 | 368,000 | |
| Non-cash interest expense | 5 | 2 | 0 | 8 | 41 | |
| Loss (gain) on digital assets, net | 4 | 0 | — | — | — | |
| Asset impairment | 137 | 2 | — | — | — | |
| Stock-based compensation | 3 | 8 | 9 | 18 | 11 | |
| Reserve on inventory | 18 | 476,000 | 0 | — | — | |
| Credit loss expense | 4 | 0 | — | — | — | |
| Accrued interest on short-term note receivable | −189,000 | 0 | — | — | — | |
| H.S.L. SRL. settlement adjustment | −295,000 | 0 | — | — | — | |
| Change in fair value of notes payable, warrant liabilities, and derivative liabilities | −49 | 15 | −91 | — | — | |
| Change in fair value of related party notes payable, warrant liabilities, and derivative liabilities | 2 | −253,000 | −7 | — | — | |
| Other | 55,000 | 963,000 | 1 | 1 | 842,000 | |
| Accounts receivables | −257,000 | 0 | — | — | — | |
| Inventory | 706,000 | 6 | −30 | −4 | — | |
| Deposits | −376,000 | −706,000 | 14 | 11 | −49 | |
| Accounts payable | −16 | −9 | 14 | 60 | −37 | |
| Operating lease liabilities | −4 | 0 | −3 | −2 | 0 | |
| Financing lease liabilities | 0 | 3 | — | — | — | |
| Other current and non-current assets | −1 | −3 | −3 | −5 | −17 | |
| Net cash used in operating activities | −108 | −70 | −278 | −383 | −340 | |
| Acquisition of AIXC, net of cash acquired | −1 | 0 | — | — | — | |
| Proceeds from sale of equipment | 32,000 | 198,000 | 0 | — | — | |
| Purchase of digital assets | −27 | 0 | — | — | — | |
| Sale of digital assets | 13 | 0 | — | — | — | |
| Payments for property and equipment | −8 | −8 | −31 | −123 | −96 | |
| Purchase of short-term note receivable | −100,000 | 0 | — | — | — | |
| Additions to intangible assets | −256,000 | 0 | — | — | — | |
| Net cash used in investing activities | −23 | −7 | −31 | −123 | −96 | |
| Proceeds from AIXC follow-on capital contribution, net of issuance costs | 10 | 0 | — | — | — | |
| Payments of notes payable and other financing obligations | −5 | −428,000 | 0 | −87 | −48 | |
| Capital contributions | 0 | 250,000 | 0 | — | — | |
| Proceeds from other financial obligations | 5 | 12 | 25 | — | — | |
| Proceeds from exercise of warrants | 1 | 0 | −1 | −2 | 0 | |
| Net cash provided by financing activities | 161 | 81 | 291 | −7 | 967 | |
| Effect of exchange rate changes on cash and restricted cash | −3 | −16,000 | 3 | 1 | −2 | |
| Net increase in cash and restricted cash | 28 | 3 | −14 | −512 | 529 | |
| Cash paid for interest | 6 | 5 | 465,000 | 14 | 6 | |
| Cash paid for income taxes | 14,000 | 0 | — | — | — | |
| Reclass of warrants from liability to equity | 7 | 0 | — | — | — | |
| Conversion of notes payable and accrued interest into Class A Common Stock | 84 | 67 | 123 | — | — | |
| Issuance of warrants and related party warrants with the SPA Portfolio Notes | 49 | 34 | 34 | — | — | |
| Settlement of vendor liability in Class A Common Stock | 2 | 0 | — | — | — | |
| Non-cash warrant exercise activity and fair value reclassifications to equity | 20 | 0 | — | — | — | |
| Additions of property and equipment included in accounts payable and accrued expenses | 40 | 45 | 48 | — | — | |
| Shares withheld for RSU tax obligations | 0 | 10,000 | 0 | — | — | |
| Purchase of Class A Common Stock under the Salary Deduction and Stock Purchase Agreements | 0 | 102,000 | 0 | — | — | |
| De-recognition of right-of-use assets and lease liabilities due to lease modifications | 0 | 3 | 0 | 709,000 | 0 | |
| Cancellation of warrants | 27 | 0 | — | — | — | |
| Obtaining right-of-use asset in exchange for operating lease liabilities | 6 | 30,000 | 0 | — | — | |
| Settlement of Palantir dispute with issuance of Class A Common Stock | 0 | 5 | 0 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is FARADAY FUTURE INTELLIGENT ELECTRIC INC.'s CIK number?
FARADAY FUTURE INTELLIGENT ELECTRIC INC.'s SEC CIK number is 0001805521 (1805521). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find FARADAY FUTURE INTELLIGENT ELECTRIC INC.'s SEC filings?
All of FARADAY FUTURE INTELLIGENT ELECTRIC INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did FARADAY FUTURE INTELLIGENT ELECTRIC INC. last report earnings?
FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001213900-26-056661). This is FARADAY FUTURE INTELLIGENT ELECTRIC INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is FARADAY FUTURE INTELLIGENT ELECTRIC INC.'s most recent earnings 8-K?
FARADAY FUTURE INTELLIGENT ELECTRIC INC.'s latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001213900-26-056661. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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