FFAINasdaqMotor Vehicles & Passenger Car BodiesUS GAAP · USD

Faraday Future Intelligent Electric Inc

Faraday Future Intelligent Electric Inc. develops and sells premium intelligent electric vehicles, centered on the FF 91 Futurist and the newer FX line. The company also offers related vehicle services and leasing programs, while still operating at very early commercial scale and relying heavily on external financing to fund development and operations.

Kysy yhtiöstä
Liikevaihto0,5milj. USD
−0,6 %v/v
Liikevoitto (EBIT)−331milj. USD
−121,1 %v/v
EBIT-marginaali−61 763,1%
−33 982,4 %-yks.v/v
Nettotulos−391milj. USD
−9,8 %v/v
Vapaa kassavirta−115milj. USD
−48,2 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−500−400−300−200−1000100milj. USD2020: EBIT −65 milj. USD20202021: EBIT −354 milj. USD20212022: 0,00 milj. USD2022: EBIT −451 milj. USD20222023: 0,78 milj. USD2023: EBIT −286 milj. USD20232024: 0,54 milj. USD2024: EBIT −150 milj. USD20242025: 0,54 milj. USD2025: EBIT −331 milj. USD20250,54−331
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Faraday Future Intelligent Electric Inc

Liiketoiminta

Osuus liikevaihdosta
Vehicle sales70 %

Direct sales of FF-branded electric vehicles, including the FF 91 Futurist and FX line.

Vehicle leasing20 %

Operating and sales-type leasing of vehicles to customers, mainly in the U.S.

Connected services and bundled features7 %

Software updates, connectivity, roadside assistance and other bundled vehicle services.

Customer engagement and co-creation services3 %

Co-creator consulting and promotional arrangements tied to marketing and R&D support.

Tuotteet

Raportoitu · osuus liikevaihdosta
46,6%31,0%22,4%FY2025100 %
  • Automotive Leasing Sales Type46,6 %
  • Automobile Sales31,0 %
  • Automotive Leasing Operating Type22,4 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Customers are primarily affluent EV buyers interested in premium design, advanced connectivity and a differentiated brand experience. The company is also trying to broaden its addressable market with the FX line, while leasing customers and co-creator partners support early commercialization and brand building.

Premium EV retail buyers

Buyers of the FF 91 Futurist who want a high-end intelligent electric vehicle with advanced features.

Broader-market EV buyers

Customers targeted by the FX line as the company expands beyond the luxury niche.

Leasing customers

U.S. customers leasing vehicles for up to 36 months, generating recurring lease revenue.

Co-creator and promotional partners

Individuals or entities that provide feedback, data and promotion in exchange for fees.

Strategia

Faraday Future is trying to transition from a development-stage EV company into a commercial brand with multiple product tiers. Its strategy emphasizes the FX line, co-creation-led marketing, AI-enabled vehicle ecosystems and capital efficiency, while also diversifying its operating footprint through the UAE.

Launch and scale the FX lineLyhyt aikaväli

The company needs a broader product offering to expand demand beyond the niche luxury segment.

Build brand awareness through co-creationLyhyt aikaväli

The company is using influencers and stakeholders to generate visibility without a large internal sales force.

Preserve liquidity and financing flexibilityLyhyt aikaväli

The business remains capital constrained and needs external funding to continue operations and product development.

Expand the intelligent mobility ecosystemKeskipitkä aikaväli

Connected services and AI features are intended to support differentiation and future recurring revenue opportunities.

Maantiede

The company is headquartered in the United States and currently has vehicle leasing activity in the U.S. Management also highlighted an operational facility in the UAE as part of its 'third pole' strategy, while China remains important to the supply chain through direct material sourcing. This geographic mix creates both market opportunity and exposure to tariffs, connected-vehicle restrictions and cross-border supply risk.

Riskit

The company faces substantial execution and financing risk because commercial volumes remain extremely small and it has disclosed going-concern pressure. It also faces regulatory, legal and supply-chain risks, including an SEC Wells Notice, connected-vehicle restrictions tied to China, tariff exposure and the potential loss of EV tax credits that support demand.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →SEC Wells Notice and enforcement risk2China sourcing and tariff risk3EV tax credit elimination4Connected vehicle regulatory restrictions5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Going-concern and liquidity riskVaikutus: Kriittinen

    The company has sold and leased only a handful of vehicles and says it will need substantial additional capital.

    KohdistuuOperationsProduct developmentFactory completion
  2. SEC Wells Notice and enforcement riskVaikutus: KorkeaTodennäköisyys: Korkea

    A potential enforcement action could harm reputation, customer trust, financing access and Nasdaq listing status.

    KohdistuuCorporate governanceCapital markets access
  3. China sourcing and tariff riskVaikutus: KorkeaTodennäköisyys: Korkea

    A significant portion of direct materials comes from China, increasing exposure to import tariffs and trade restrictions.

    Kohdistuu: Cost of goods sold and supply continuity

  4. EV tax credit eliminationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The loss of federal EV credits could reduce affordability and slow demand for the company's vehicles.

    Kohdistuu: U.S. demand and reservation conversion

  5. Connected vehicle regulatory restrictionsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    New U.S. rules may limit sales or imports of connected vehicles with a sufficient China nexus.

    Kohdistuu: Product eligibility and market access

Kysy Clarifolta: Faraday Future Intelligent Electric Inc

Kirjanpito

Harkinnanvaraiset erät
Revenue allocation for bundled vehicle contracts

Vehicles are sold with chargers, installation, roadside assistance and connectivity, so transaction price must be allocated across obligations.

Vaikutus: Changes the timing and mix of reported revenue

Operating lease accounting

Lease revenue is recognized over time while leased vehicles are depreciated as cost of revenue.

Vaikutus: Affects gross margin and quarterly comparability

Consideration payable to customers

Co-creator consulting and promotional fees can be treated as marketing/R&D expense or as a reduction of revenue.

Vaikutus: Can shift amounts between operating expense and revenue

Business combinations and goodwill

Recent acquisition activity introduces fair value judgments and potential impairment risk.

Vaikutus: May create non-cash charges if assumptions weaken

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Päivitetty: 24.9.2026

Faraday Future Intelligent Electric Inc (FFAI) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo