Faraday Future Intelligent Electric Inc. income statement
In fiscal 2025, Faraday Future Intelligent Electric Inc. reported revenue of $536,000, down 0.6% on the year before, operating income of −$331m (a -61763.1% margin) and net income of −$391m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 0 | 1 | 1 | 1 | 2 |
| Gross profit | 0 | −42 | −83 | −98 | −72 |
| Research and development | 300 | 132 | 25 | 17 | 16 |
| Selling and marketing | 22 | 23 | 9 | 12 | 15 |
| General and administrative | 113 | 83 | 43 | 56 | 51 |
| Operating income | −437 | −286 | −150 | −331 | −310 |
| Interest expense | 6 | — | — | — | — |
| Provision for credit losses | — | — | 0 | 4 | — |
| Income before tax | −602 | −432 | −356 | −397 | −344 |
| Income tax | 0 | 0 | −0 | 0 | −1 |
| Net income | −602 | −432 | −356 | −391 | −331 |
| EBITDA | −434 | −244 | −78 | −266 | −266 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Gross profit | −21 | −21 | −21 | −27 | −34 | −16 | −11 | −11 |
| Research and development | 5 | 10 | 6 | 5 | 7 | −1 | 7 | 4 |
| Selling and marketing | 3 | 2 | 3 | 2 | 6 | 1 | 6 | 2 |
| General and administrative | 8 | 4 | 14 | 14 | 20 | 8 | 9 | 14 |
| Operating income | −25 | −30 | −44 | −48 | −207 | −32 | −36 | −35 |
| Interest expense | — | — | 2 | 1 | — | — | 2 | 2 |
| Provision for credit losses | — | — | 0 | 0 | — | — | 0 | 0 |
| Income before tax | −78 | −122 | −10 | −125 | −222 | −40 | −42 | −40 |
| Income tax | −0 | −0 | 0 | 0 | 0 | 0 | 0 | −1 |
| Net income | −78 | −121 | −10 | −125 | −222 | −34 | −39 | −36 |
| EBITDA | −8 | −12 | −26 | −28 | −188 | −24 | −28 | −27 |
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