Filing Flows › Faraday Future Intelligent Electric (FFAI) › Q1 2025
Faraday Future Intelligent Electric (FFAI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Faraday Future Intelligent Electric (FFAI) reported revenue of $316K for the first quarter 2025 (Q1 2025), up 158-fold from a year earlier and +34% from the quarter before.
Faraday Future Intelligent Electric, Q1 2025: revenue $316K (158× year over year), net loss $10.3M, operating cash flow −$20.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $316K | +34% | 158× |
| Operating profit | −$43.8M | — | — |
| Net earnings | −$10.3M | — | — |
| Operating cash flow | −$20.3M | — | — |
What changed
Revenue was $316K in Q1 2025, up 15700% year over year and up 34% from the previous quarter. Automotive leasing - Sales type was the largest line at 84% of revenue. Automotive leasing - Operating type added $49K year over year (up 2450%), 16% of the total change.
Operating costs exceeded revenue by $43.8M, an operating margin of -13870.6%. Total costs grew 1% against revenue growth of 15700%. The quarter ended with a net loss of $10.3M, narrower than the previous quarter's $121.3M loss. Non-operating items added $33.6M, -327% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$20.3M. Non-cash charges added back $17.5M of depreciation and amortization and $301K of share-based compensation. Working capital and other items used $27.8M. Capital expenditures of $1.6M exceeded it, leaving free cash flow of −$21.9M.
Questions
What was Faraday Future Intelligent Electric's revenue in the first quarter 2025?
Faraday Future Intelligent Electric (FFAI) reported revenue of $316K for the first quarter 2025 (Q1 2025), up 158-fold from a year earlier and +34% from the quarter before.
Source: Faraday Future Intelligent Electric 10-Q on SEC EDGAR.