FF Announces Fourth Quarter and Full Year 2025 Financial Results
Los Angeles, United States, April 1st, 2026, FinanceWire
Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“FF,” “Faraday Future,” or the “Company”), a California-based global Embodied AI (“EAI”) ecosystem company, today announced financial results for its fourth quarter and full year ended December 31, 2025, and provided key operational and strategic updates.
During the fourth quarter, FF continued advancing its dual-track strategy of EAI EV and EAI Robotics. The Company achieved a major EV milestone with the roll-off of the first FX Super One pre-production vehicle at its Hanford, California AI Factory, marking progress toward engineering validation, certification, and production readiness. FF also continued advancing supply chain development, localized manufacturing preparation, and commercialization efforts for the FX Super One, which had accumulated more than 11,000 non-binding, non-refundable pre-orders by year-end 2025.
In February 2026, FF formally launched its EAI robotics product lineup, including the Futurist, Master, and Aegis series, initially targeting education, home security, and entertainment use cases. Paid pre-orders exceeded 1,200 units as of launch. Deliveries began in late February, and by the end of March 2026, cumulative shipments reached 22 units, exceeding the Company’s first-month target. FF also began generating robotics revenue and achieved positive product gross margin in the first quarter of 2026.
The Company believes its robotics business can serve as a scalable and relatively asset-light growth engine with the potential to support near-term cash flow generation. FF is targeting cumulative robotics shipments of more than 1,000 units by the end of December 2026 and expects to generate software-related revenue beyond device sales within 2026.
FF also continued advancing its broader EAI ecosystem strategy through upgrades to the FFAI technology stack, including multilingual support, real-time web search with voice synthesis, RAG knowledge base capabilities, autonomous driving model migration, and vision-based perception technologies. The Company believes these developments support its long-term “Device-Data-Brain” flywheel, in which product deployment drives data generation, data improves the AI brain, and the AI brain further enhances product capability and commercialization.
For full year 2025, revenue was essentially flat year over year, reflecting the Company’s early-stage commercialization. Loss from operations was $331 million for the full year, or $185 million excluding one-time impairments and losses. Operating cash outflow was $107.5 million for 2025, while financing cash inflow was $161.4 million, compared with $80.7 million in 2024. Stockholders’ equity was $7.7 million at year-end 2025, turning positive primarily following approximately $100 million in debt optimization.
In March 2026, the SEC investigation concluded with no enforcement or other action taken against the Company or related parties, removing a significant regulatory overhang. FF believes this development supports its continued re-engagement with capital markets. The Company also received a Nasdaq deficiency notice on March 20, 2026 related to its minimum bid price requirement and has 180 days to regain compliance.
Looking ahead, FF plans to continue advancing phased FX Super One delivery readiness, scaling its robotics business, expanding its EAI Brain and open-source developer platform, and strengthening its operational and financial foundation. The Company believes its upgraded “EAI EV plus EAI Robotics” strategy positions FF for integrated, multi-platform growth.
“We achieved important milestones across our EV and robotics businesses that further strengthened our foundation for growth,” said Matthias Aydt, Global Co-CEO of Faraday Future. “We are entering 2026 with clear execution priorities and strong conviction in our dual-track strategy as we work to scale deliveries, broaden commercialization, and create long-term value.”
About Faraday Future
Faraday Future is a California-based global Embodied AI (EAI) ecosystem Company founded in 2014 and is dedicated to reshaping the future of mobility through vehicle electrification, intelligent technologies, and AI innovation. Its flagship vehicle, the FF 91, began deliveries in 2023 and reflects the brand’s pursuit of ultra-luxury, cutting-edge technology, and high performance. FF’s second brand, FX, targets the high-volume mainstream vehicle market. Its first model, Super One, is positioned as a first-class EAI-MPV, with deliveries planned to begin in 2026. FF recently announced its entry into the Embodied AI Robotics business with sales beginning this year, connecting its future strategy of bringing a new era of EAI vehicles and EAI robotics. For more information, users can visit https://www.ff.com/
Contact
PR DirectorJohn Schilling
Faraday Future
john.schilling@ff.com
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