Faraday Future Reports Financial Results for Second Quarter 2025
Q2 adjusted operating loss stood at approximately $27.4 million, with a monthly average of $9 million during this quarter; Quarter-end cash position reached an 18-month high; Operating efficiency and cost control continued to strengthen.
Officially added to the Russell 3000 Index—a key milestone that enhances visibility and credibility among institutional investors, analysts, and the broader market.
Top-tier international fund managers continued to increase their holdings in FFAI. Vanguard and BlackRock both increased their holdings in FFAI by over 500%, compared with Q4 2024.
Announced that Mariah Carey, the best-selling female artist of all time and global top music legend, will become the next owner of an FF 91 2.0 Futurist Alliance.
Launched the "EAI + Crypto" Dual-Flywheel & Dual-Bridge Ecosystem Strategy at FF's Pebble Beach event on August 16, unveiling the "C10 Index" and "C10 Treasury" product; California State Treasurer, Fiona Ma, delivered the opening speech to offer her support.
Received non-binding paid pre-orders covering more than 4,000 FX Super One units in Q2; total non-binding paid pre-orders covered more than 10,000 Super One units as of July 31, 2025.
FX Super One has officially entered the parts procurement and production preparation phase at the Company's Hanford, CA factory, moving into trial production.
LOS ANGELES, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) ("FF", "Faraday Future", or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced its financial results for its second quarter 2025. The Company highlighted several key metrics that underscore both the operational execution and financial position, as well as its significant progress in its FX brand and product development. The Company also provided an update on subsequent events, FX Super One MPV reveal, "EAI + Crypto" Dual-Flywheel & Dual-Bridge Ecosystem Strategy, and its outlook for the remainder of 2025.
SUMMARY
The Company made meaningful progress in operations, strengthened its business and financial fundamentals, and advanced the strategic execution of its AI-driven mobility roadmap. FF held its first FX vehicle launch event by unveiling two groundbreaking global-first products, the FX Super One EAI-MPV and the FF Super EAI F.A.C.E. System, alongside the FF EAI Embodied AI Agent 6x4 Architecture, in Los Angeles on July 17, 2025. The non-binding reservations for the FX Super One topped 4,000 units by the end of the quarter, and increased to over 10,000 units as of July 31, 2025, suggesting strong potential demand for this vehicle, underscoring the effectiveness of the B2B2C co-creation sales model, and reaffirming FF's mass-market strategy. FF also received recognition from Mariah Carey, the best-selling female artist of all time, by including both the FF 91 2.0 and the FFZERO1 concept car in her latest music video, and who will become a new owner of the FF 91 2.0 Futurist Alliance.
FF's Hanford plant has completed production and delivery of the FF91 P20 model and continues with subsequent vehicle production. Additionally, FX Super One has officially entered the parts procurement and production preparation phase at the Hanford factory, moving into trial production. Additionally, the Company officially released version 2.00.58 of FF 91 via OTA, completed FMVSS testing for FX, and submitted a patent registration for the Super One EAI-Face product.
The Company looks to supercharge its workforce by adding additional jobs in the coming years, as it plans to ramp up its new FX vehicle program, which is targeted to begin assembly in Hanford by the end of 2025. This development will enable the delivery of high-quality career opportunities. Additionally, Faraday Future plans to invest an additional approximately $100 million into its U.S. operations in the next 9-12 months, with commitments to research and development, and infrastructure, subject to securing the necessary financing.
In capital and investor relations, FF was added to the Russell 3000 Index—a key milestone that enhances FF's visibility and credibility among institutional investors, analysts, and the broader market. Top-tier international fund managers, Vanguard and BlackRock, continued to increase their holdings in FFAI, with both firms growing their positions by over 500% by June 30, 2025, compared to Q4 2024. Internally, FF launched and started executing its 10b5-1 executive stock purchase plans, reflecting FF executives' personal commitment to the company's future and aim to align management's interests ...
