Company Analysis

Faraday Future Intelligent Electric Inc. (FFAI)

Nasdaq: FFAI · Motor Vehicles & Passenger Car Bodies · New York, NY · filing with the SEC since 2020
Grade2.1
◀ Past 2.4● Present 0.9▶ Future 3.3
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020
Report filedMar 31, 2026Mar 31, 2025May 28, 2024Mar 9, 2023May 13, 2022Mar 31, 2021
Revenue536,000539,000784,0000··
For lenders
Interest expense on deposits and borrowings8,300,0006,900,000r500,000···
Provision for credit losses4,294,0000····
Cost of revenue98,302,00084,029,00042,607,0000··
Gross profit-97,766,000-83,490,000-41,823,0000··
Research and development16,603,00025,227,000132,021,000299,989,000r174,935,00020,186,000
Sales and marketing12,310,0009,278,00022,836,00021,689,000r17,118,0003,672,000
General and administrative55,733,00043,164,00082,888,000112,771,000r97,905,00041,071,000
Total operating expenses233,284,00066,248,000244,231,000437,144,000r354,149,00064,939,000
Operating income-331,050,000-149,738,000-286,054,000-437,144,000r-354,149,000-64,939,000
Interest expense···5,561,000r30,181,00032,173,000
Other income (expense), net4,983,000-1,448,000-2,437,000-11,878,000r-5,668,000-5,455,000
Income before income taxes-397,019,000-356,114,000-431,635,000-602,178,000r-516,265,000-147,082,000
Income tax expense63,000-267,000109,00061,000240,0003,000
Net income including non-controlling interests-397,082,000-355,847,000····
Net income to non-controlling interests-6,386,0000····
Net income-390,696,000-355,847,000-431,744,000-602,239,000r-516,505,000-147,085,000
Net income to common shareholders-390,696,000-363,423,000-431,744,000···
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseDebt
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
SI Assistanton FFAI · research, not advice