FARADAY FUTURE INTELLIGENT ELECTRIC INC. financial statements
Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data FARADAY FUTURE INTELLIGENT ELECTRIC INC. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
0
0.78
0.54
0.54
Cost of revenue
0
42.6
84
98.3
Gross profit
0
-41.8
-83.5
-97.8
Research and development
20.2
175
300
132
25.2
16.6
Selling and marketing
3.67
17.1
21.7
22.8
9.28
12.3
General and administrative
41.1
97.9
113
82.9
43.2
55.7
Operating expenses
64.9
354
437
244
66.2
233
Operating income
-64.9
-354
-437
-286
-150
-331
Interest expense
32.2
30.2
5.56
Other non-operating income
-5.46
-5.67
-11.9
-2.44
-1.45
4.98
Pre-tax income
-147
-516
-602
-432
-356
-397
Income tax
0
0.24
0.06
0.11
-0.27
0.06
Net income to minority interests
0
-6.39
Net income
-147
-517
-602
-432
-356
-391
EBITDA
-61.4
-351
-434
-244
-78.3
-266
Balance sheet
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
1.12
505
17
1.9
7.14
34.9
Receivables
0
0.01
0
0.26
Inventory
4.46
34.2
27.5
3.26
Other current assets
6.2
13.4
17.5
21.7
6.13
8.96
Total current assets
14.4
607
84.5
91.4
71.9
68.5
Property, plant and equipment
294
293
406
418
349
155
Lease right-of-use assets
0
19.6
16.5
1.76
4.95
Goodwill
0
25.8
Intangible assets
1.04
4.64
Long-term investments
230
Other non-current assets
8.01
7.04
6.49
4.88
2.13
18.7
Total assets
316
907
529
531
425
278
Accounts payable
86.6
37.8
91.6
93.2
71.4
57.3
Accrued liabilities
52.4
87.9
65.7
62.4
56.8
58.7
Deferred revenue
3.52
4.35
3.57
Total current liabilities
849
294
268
261
193
148
Long-term debt
9.17
34.7
26
Lease liabilities
0
18
14.3
0.01
3.47
Other non-current liabilities
1
3.72
9.43
1.34
1.29
2.04
Total liabilities
896
340
328
302
310
270
Paid-in capital
1,818
3,482
3,724
4,181
4,422
4,674
Retained earnings
-2,391
-2,908
-3,527
-3,958
-4,314
-4,705
Other comprehensive income
-5.97
-6.95
3.51
5.86
7.74
3.82
Shareholders' equity
-579
568
201
228
115
-27.3
Minority interests
0
35.1
Total equity
-579
568
201
228
115
7.76
Total liabilities and equity
316
907
529
531
425
278
Shares outstanding
7.23
Cash flow statement
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-147
-517
-602
-432
-356
-397
Depreciation and amortization
3.52
2.98
2.98
42.5
71.4
64.8
Stock-based compensation
9.51
11.3
17.7
9.17
8.38
3.15
Deferred income tax
0
0
0
-64.2
-31.7
-80.1
Change in receivables
0
-0.26
Change in inventory
-4.46
-29.8
6.27
0.71
Change in payables
11.5
-36.6
60.4
13.8
-8.8
-15.8
Cash from operations
-41.2
-340
-383
-278
-70.2
-108
Capital expenditures
-0.61
-95.7
-123
-31.1
-7.58
-7.64
Acquisitions
0
-1.12
Cash from investing
2.99
-95.7
-123
-31.1
-7.38
-23.5
Stock issued
0.12
10.6
9.54
0.04
0
Share buybacks
0
-0.77
0
Cash from financing
36.8
967
-6.72
291
80.7
161
Exchange rate effect
-0.19
-2.47
1.04
3.35
-0.02
-2.59
Net change in cash
-1.53
529
-512
-14.5
3.15
27.8
Free cash flow
-41.8
-435
-506
-309
-77.8
-115
Interest paid
3.14
6.32
13.6
0.47
4.87
6.18
Income taxes paid
0
0.01
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $1.61 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
-4,751.0%
Gross profit / revenue.
Operating margin
-20,465.0%
Operating income / revenue.
EBITDA margin
-17,594.0%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-22,737.0%
Pre-tax income / revenue.
Net margin
-21,838.0%
Net income / revenue.
FCF margin
-6,507.0%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-6,223.0%
Cash from operations / revenue.
Return on assets (ROA)
-118.2%
Net income / average total assets.
R&D / revenue
1,077.0%
Research and development expense / revenue.
Stock-based pay / revenue
107.5%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
284.3%
Capital expenditures / revenue.
D&A / revenue
2,871.0%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-0.6%
Revenue vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-123.8%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-34.7%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-19.3%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-2.6%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.38x
Current assets / current liabilities.
Quick ratio
0.09x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.08x
(Cash + short-term investments) / current liabilities.
Days inventory + days sales outstanding - days payables.
Valuation
Metric
Value
How it is calculated
Market cap
$6.2M
Share price x shares outstanding.
Enterprise value
-$5.0M
Market cap + total debt - cash - short-term investments.
P/S
4.10x
Market cap / revenue.
FCF yield
-1,587.0%
Free cash flow / market cap.
Earnings yield
-5,327.0%
Net income / market cap (the inverse of P/E).
What was FARADAY FUTURE INTELLIGENT ELECTRIC INC.'s revenue in fiscal 2025?
FARADAY FUTURE INTELLIGENT ELECTRIC INC. reported revenue of $536.0K for fiscal 2025, 0.6% lower than the year before.
Was FARADAY FUTURE INTELLIGENT ELECTRIC INC. profitable in fiscal 2025?
No. It reported a net loss of $390.7M.
How much free cash flow did FARADAY FUTURE INTELLIGENT ELECTRIC INC. generate in fiscal 2025?
Cash from operations of $107.6M minus capital expenditures of $7.6M left free cash flow of -$115.2M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.