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FFAIW

Faraday Future Intelligent Electric Inc.

FFAIW

Faraday Future Intelligent Electric Inc. • NASDAQ
$0.03 ▼ -3.43% (-0.00)
Market Cap $2.08 M
52w High $0.04
52w Low $0.03
Dividend Yield 0%
P/E 0
Volume 183.32K
Outstanding Shares 61.40M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $37K ▼ $172.588M ▲ $-222.187M ▼ -600.505K% ▼ $-1.81 ▼ $-47.695M ▲
Q2-2025 $54K ▼ $21.25M ▼ $-124.676M ▼ -230.881K% ▼ $0 $-103.34M ▼
Q1-2025 $316K ▲ $22.766M ▲ $-10.278M ▲ -3.253K% ▲ $0 $10.114M ▲
Q4-2024 $235K ▲ $9.63M ▲ $-121.259M ▼ -51.6K% ▲ $0 $-99.543M ▼
Q3-2024 $9K $3.763M $-77.686M -863.178K% $0 $-56.997M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $83.104M ▲ $314.109M ▼ $357.557M ▲ $-77.743M ▼
Q2-2025 $13.228M ▲ $399.723M ▼ $339.867M ▲ $59.856M ▼
Q1-2025 $9.458M ▲ $410.584M ▼ $270.776M ▼ $139.808M ▲
Q4-2024 $7.144M ▼ $425.4M ▼ $310.433M ▲ $114.967M ▼
Q3-2024 $7.269M $449.086M $292.33M $156.756M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-222.187M ▼ $-35.563M ▼ $5.284M ▲ $80.731M ▲ $49.676M ▲ $-37.081M ▼
Q2-2025 $-124.676M ▼ $-23.313M ▼ $-3.439M ▼ $30.451M ▲ $3.768M ▲ $-26.752M ▼
Q1-2025 $-10.278M ▲ $-20.295M ▼ $-1.568M ▲ $24.601M ▼ $2.319M ▲ $-21.863M ▲
Q4-2024 $-121.259M ▼ $-18.39M ▲ $-6.81M ▼ $25.048M ▼ $-175K ▼ $-25.311M ▼
Q3-2024 $-77.686M $-22.705M $-301K $28.97M $5.972M $-23.006M

Five-Year Company Overview

Income Statement

Income Statement The company has effectively had no sales so far, but it has been spending heavily to build the business. That shows up as recurring operating losses and sizeable net losses year after year. Losses did swell as the company ramped up, and while there are signs of some cost discipline more recently, the business model remains firmly in the “spend now, earn later” phase. Profitability is not yet visible in the historical figures, and the income statement is still entirely investment- and development-driven rather than revenue-driven.

Balance Sheet

Balance Sheet The balance sheet is small and quite fragile. Assets are limited, cash has shrunk dramatically compared with earlier years, and debt remains meaningful relative to the size of the business. Equity moved from negative to modestly positive, suggesting past recapitalizations or restructuring, but the financial cushion is thin. Overall, the company does not have a deep balance sheet to absorb prolonged setbacks, making funding and dilution risk important considerations.

Cash Flow

Cash Flow Cash flow shows a clear pattern: money is consistently flowing out and not yet coming back in. Operating cash flow has been negative for years, reflecting ongoing spending on people, development, and operations without offsetting revenue. Free cash flow is also persistently negative, although capital spending has eased somewhat from earlier peaks. The business remains dependent on external financing to cover its cash burn and to keep development and production plans moving forward.

Competitive Edge

Competitive Edge On paper, the company positions itself at the very high end of the electric vehicle market with a technology-heavy, ultra-luxury offering and a planned move into more affordable models. It emphasizes advanced software, AI integration, and a distinctive in-cabin experience, plus a sizeable patent portfolio. However, it is competing against well-funded global automakers and EV specialists that already have scale, brand recognition, and established supply chains. The absence of material revenue so far underscores that its competitive position is still mostly theoretical and highly dependent on execution, manufacturing ramp-up, and customer acceptance.

Innovation and R&D

Innovation and R&D Innovation is the clear highlight. Faraday Future is aiming to differentiate through a flexible vehicle platform, deep integration of AI and connectivity, an “internet living space” interior concept, and a planned AI-enhanced hybrid range-extender system. Its patent portfolio and experimentation with new ownership and sales models (such as co-creation with users and blockchain-based sharing) suggest real technical ambition. The main risk is that much of this remains in the development or early commercialization stage, so the key question is whether the company can reliably turn these ideas into scalable, cost-effective products and services before its financial resources are stretched too far.

Summary

Overall, the story is one of high ambition and high risk. Financially, the company is still in a pre-revenue, cash-burning phase with a thin balance sheet and ongoing dependence on outside funding. Strategically, it is targeting a niche at the intersection of luxury, performance, and advanced digital experiences, backed by a broad set of innovations and intellectual property. The opportunity lies in successfully launching and scaling its flagship and mass-market models, and in proving that its AI- and software-centric vision truly resonates with buyers. The uncertainty lies in execution: ramping production, managing costs, maintaining funding, and carving out a durable place in a crowded and fast-moving EV market.