Faraday Future Intelligent Electric Inc
ff.comWhat Do They Do?
Designs, engineers, and sells intelligent, connected electric vehicles for luxury and mass-market buyers.
10-K for FY2025, filed Mar 31, 2026Faraday Future Intelligent Electric Inc. (the “Company”) is a California-based technology company focused on the design, engineering, and…View ↗
The Company’s primary U.S. operating subsidiary, FF U.S., was incorporated in the State of California in May 2014. Since its founding, the…View ↗
In September 2024, Faraday X AIEV Inc. was incorporated in the State of Delaware to serve as the primary U.S. operating company for the…View ↗
How Do They Make Money?
Vehicle buyers typically pay at delivery or under their sales-contract terms. Lease customers make payments over the lease term, with operating-lease revenue spread across that term.
10-K for FY2025, filed Mar 31, 2026Revenue is recognized when control of the vehicle transfers upon delivery to the customer. Payments are typically received at the point…View ↗
Operating Leasing Program: The Company offers a vehicle operating leasing program in the U.S., allowing qualifying customers to lease a…View ↗
Sales-Type Leasing Program: The Company enters into sales-type lease arrangements in accordance with ASC 842, under which customers…View ↗
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10-K for FY2025, filed Mar 31, 2026
FY2025 revenue by product or service ↗
$536K
-
10-K for FY2025, filed Mar 31, 2026
$536K ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Automotive sales
Sold outright
10-K for FY2025, filed Mar 31, 2026 |
31% |
Automotive sales, FY2025
$166K Sources
|
Sold outright |
|
Automotive leasing - Sales type
Recurring
10-K for FY2025, filed Mar 31, 2026 |
47% |
Automotive leasing - Sales type, FY2025
$250K Sources
|
Recurring |
|
Automotive leasing - Operating type
Recurring
10-K for FY2025, filed Mar 31, 2026 |
22% |
Automotive leasing - Operating type, FY2025
$120K Sources
|
Recurring |
Who Are Their Customers?
Customers are vehicle buyers; the company plans online purchases, with partners supporting demonstrations and information at partner-owned showrooms.
10-K for FY2025, filed Mar 31, 2026
Do Revenues Turn Into Profits?
No. It lost $390.7M in FY2025.
10-K for FY2025, filed Mar 31, 2026
−$331.1MView ↗
10-K for FY2025, filed Mar 31, 2026
−$390.7MView ↗
10-K for FY2025, filed Mar 31, 2026
−$115.2MView ↗
How Are They Changing?
A second vehicle brand
The older report described a passenger-vehicle pipeline under FF; the latest report introduces Faraday X as an accessible-price brand alongside the FF line.
10-K for FY2022, filed Mar 9, 2023 10-K for FY2025, filed Mar 31, 2026FF’s B2C (business-to-consumer) passenger vehicle pipeline over the next five years includes the FF 91 series, the FF 81 series, and the FF…View ↗
In September 2024, Faraday X AIEV Inc. was incorporated in the State of Delaware to serve as the primary U.S. operating company for the…View ↗
Robotics added
The older report focused on electric vehicles, while the latest adds embodied-AI robotics as an initiative drawing on vehicle AI, sensor, and software capabilities.
10-K for FY2022, filed Mar 9, 2023 10-K for FY2025, filed Mar 31, 2026The Company has also begun implementing an embodied AI robotics strategy intended to complement its intelligent mobility ecosystem. This…View ↗
Who Do They Compete With?
Competes with Tesla, Porsche, Mercedes-Benz, Rolls-Royce, Audi, NIO, XPeng, Li Auto, and Lucid Motors
10-K for FY2025, filed Mar 31, 2026The Company has experienced, and expects to continue to experience, intense competition from several companies, particularly as the…View ↗
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