Loading…
Faraday Future Intelligent Electric Inc., together with its subsidiaries, engages in the design, development, manufacture, engineering, distribution, and sale of electric vehicles and related products in the United States. The company operates in two segments: AI Electric Vehicle and Digital Assets. The company's technology comprises variable platform architecture, propulsion system, Internet, autonomous driving, and intelligence system. It offers products, including FF 91 and the FX Super One series. The company has a strategic collaboration with Hebei Huanzhou Automobile Sales Co., Ltd. for the development, production, scaled deliveries, and sales of a battery electric version of the Super One for the United States market. The company was formerly known as Faraday&Future Inc. and changed its name to Faraday Future Intelligent Electric Inc. in July 2022. Faraday Future Intelligent Electric Inc. was founded in 2014 and is headquartered in El Segundo, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1M | $-321M | $-391M | $-115M | 1429.1% | -0.6% | 9.8% |
| 2024 | $1M | $-265M | $-356M | $-78M | -309.5% | -31.3% | -17.6% |
| 2023 | $1M | $-383M | $-432M | $-309M | -189.2% | - | -28.3% |
| 2022 | $0M | $-587M | $-602M | $-506M | -299.6% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 0 | 0.78 | 0.54 | 0.54 |
| Operating Revenue | - | 0 | 0.78 | 0.54 | 0.54 |
| Cost Of Revenue | - | 0 | 42.61 | 84.03 | 98.30 |
| Gross Profit | - | 0 | -41.82 | -83.49 | -97.77 |
| Operating Expense | - | 434.45 | 237.74 | 62.73 | 84.65 |
| Research And Development | - | 299.99 | 132.02 | 10.29 | 16.60 |
| Selling General And Administration | - | 134.46 | 105.72 | 52.44 | 68.04 |
| Total Expenses | - | 434.45 | 280.35 | 146.76 | 182.95 |
| Operating Income | - | -434.45 | -279.57 | -146.22 | -182.41 |
| Total Operating Income As Reported | - | -437.14 | -286.05 | -149.74 | -331.05 |
| EBITDA | - | -587.24 | -383.13 | -265.48 | -320.53 |
| Normalized EBITDA | - | -514.04 | -453.56 | -235.37 | -214.23 |
| EBIT | - | -592.74 | -428.59 | -339.51 | -388.37 |
| Interest Expense | - | 9.44 | 3.04 | 16.60 | 8.65 |
| Net Interest Income | - | -9.44 | -3.04 | -16.60 | -8.65 |
| Other Non Operating Income Expenses | - | -85.08 | -219.46 | -163.17 | -99.66 |
| Other Income Expense | - | -158.29 | -149.03 | -193.28 | -205.96 |
| Interest Expense Non Operating | - | 9.44 | 3.04 | 16.60 | 8.65 |
| Net Non Operating Interest Income Expense | - | -9.44 | -3.04 | -16.60 | -8.65 |
| Pretax Income | - | -602.18 | -431.64 | -356.11 | -397.02 |
| Tax Provision | - | 0.06 | 0.11 | -0.27 | 0.06 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | -0.03 | 0 |
| Net Income Continuous Operations | - | -602.24 | -431.74 | -355.85 | -397.08 |
| Net Income From Continuing And Discontinued Operation | - | -602.24 | -431.74 | -355.85 | -390.70 |
| Net Income From Continuing Operation Net Minority Interest | - | -602.24 | -431.74 | -355.85 | -390.70 |
| Net Income | - | -602.24 | -431.74 | -355.85 | -390.70 |
| Net Income Common Stockholders | - | -602.24 | -431.74 | -355.85 | -390.70 |
| Net Income Including Noncontrolling Interests | - | -602.24 | -431.74 | -355.85 | -397.08 |
| Normalized Income | - | -529.03 | -502.17 | -325.77 | -284.40 |
| Diluted NI Availto Com Stockholders | - | -602.24 | -431.74 | -355.85 | -390.70 |
| Basic Average Shares | 0.02 | 0.04 | 0.24 | 18.53 | - |
| Diluted Average Shares | 0.02 | 0.04 | 0.24 | 18.53 | - |
| Reconciled Depreciation | - | 5.50 | 45.46 | 74.03 | 67.84 |
| Reconciled Cost Of Revenue | - | 0 | 42.61 | 84.03 | 98.30 |
| Total Unusual Items | - | -73.21 | 70.43 | -30.11 | -106.30 |
| Total Unusual Items Excluding Goodwill | - | -73.21 | 70.43 | -30.11 | -106.30 |
| Minority Interests | - | - | - | 0 | 6.39 |
| Special Income Charges | - | -2.70 | -26.53 | -17.81 | -153.77 |
| Other Special Charges | - | - | 20.05 | 14.30 | 5.13 |
| Write Off | - | - | - | 0 | 4.29 |
| Impairment Of Capital Assets | - | - | 0 | 1.85 | 141.88 |
| Restructuring And Mergern Acquisition | - | 0 | 2.03 | 0 | - |
| Gain On Sale Of Security | - | -70.51 | 96.96 | -12.30 | 47.47 |
| General And Administrative Expense | - | 112.77 | 82.89 | 43.16 | 55.73 |
| Other Gand A | - | 112.77 | 82.89 | 43.16 | 55.73 |
| Salaries And Wages | 7.34 | 4.55 | - | - | - |
| Gain On Sale Of Ppe | - | -2.70 | -4.45 | -1.67 | -2.46 |
| Selling And Marketing Expense | - | 21.69 | 22.84 | 9.28 | 12.31 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Faraday Future Intelligent Electric Inc.this co. | FFAI | $101M | -0.26 | -3.70 | 1429.1% | -0.57 |
| Medifast, Inc. | MED | $136M | -7.31 | 0.69 | -9.4% | 1993.88 |
| Bassett Furniture Industries, Incorporated | BSET | $125M | 20.54 | 0.76 | 3.7% | 9.80 |
| American Outdoor Brands, Inc. | AOUT | $125M | -1626.00 | 0.70 | -0.0% | 10.29 |
| Clarus Corporation |
| 2021 | - | - | - | - | - | - | - |
| CLAR |
| $110M |
| -2.36 |
| 0.56 |
| -23.7% |
| -5.90 |
| Lakeland Industries, Inc. | LAKE | $98M | - | 0.76 | -19.6% | - |
| Virco Mfg. Corporation | VIRC | $90M | 34.85 | 0.84 | 2.4% | 11.66 |
| Gambling.com Group Limited | GAMB | $85M | -2.57 | 0.78 | -30.5% | -18.51 |
| BARK, Inc. | BARK | $83M | -2.53 | 0.83 | -33.0% | -3.93 |
| Peer Median | - | -2.53 | 0.76 | -14.5% | 9.80 | |