Faraday Future 2025 Q2 Earnings Loss Narrowed, Record Net Income

Faraday Future (FFAI) reported its fiscal 2025 Q2 earnings on Aug 19th, 2025. The company's results showed a significant improvement in per-share losses compared to the previous year, despite a substantial drop in total revenue. The financial performance reflects ongoing strategic shifts and operational adjustments.

Revenue

Faraday Future's total revenue declined by 81.6% year-over-year to $54,000 in Q2 2025, down from $293,000 in Q2 2024. This decline was primarily due to no revenue from automotive sales and automotive leasing - Sales type. The only revenue stream came from automotive leasing - Operating type, which accounted for the entire $54,000.

Earnings/Net Income

Faraday Future narrowed its per-share loss to $1.20 in 2025 Q2, a 90.3% improvement from $12.38 per share in 2024 Q2. However, the company's net loss widened to $124.68 million for the quarter, representing a 14.7% increase from the $108.69 million loss recorded in the same period last year. Despite the broader loss, the company noted it set a new record for fiscal Q2 net income, the highest in two years. This mixed performance highlights both cost management progress and ongoing operational challenges.

Price Action

Following the earnings report, Faraday Future's stock experienced a 0.20% dip on the latest trading day and a 3.29% decline over the most recent full trading week. However, it saw a notable 29.95% surge month-to-date, indicating a positive trend in the short term.

Post-Earnings Price Action Review

The buy-and-hold strategy of purchasing Faraday Future shares immediately after the release of a quarterly earnings report and selling 30 days later proved unprofitable over the past three years. This approach yielded a total return of -1.97%, lagged the benchmark by 16.80%, and had a compound annual growth rate (CAGR) of -6.14%. The strategy's maximum drawdown of 0% suggests it failed to capitalize on gains, exposing investors to high volatility and making it a risky approach.

CEO Commentary

Matthias Aydt, Global Co-CEO of Faraday Future, emphasized the company's strong preorder momentum for the FX Super One, with over 10,000 nonbinding preorders as of July 31, 2025. He credited this success to influencer-led marketing and high-profile brand collaborations, including Mariah Carey’s feature in a music video. Aydt also highlighted the company’s progress across seven strategic pillars, including advancements in FF AI 2.0 and preparations for FX production at the Hanford plant. He noted the completion of trial production and the target of having the first vehicle roll off the line by year-end. Aydt highlighted the company’s strengthened market presence in the U.S., Middle East, and China, with the RAKEZ facility now operational and the return of founder YT Jia as Co-CEO. He also mentioned the company’s EAI + Crypto Dual-Flywheel strategy, the C10 Treasury plan, and its focus on AI-driven mobility.

Guidance

The company remains on track for the first FX Super One rollout in the U.S. by year-end, with trial production ongoing at the Hanford plant and deliveries planned to start in the Middle East by 2025. The company expects to complete its year-end offline target and continue scaling production readiness for the Super One. FX B2B and B2C channels have expanded to 8 U.S. states, and the Dream Partner Program is advancing to co-create next-gen mobility. For the Middle East, preparatory work for vehicle deliveries is expected to be finalized in Q3. Financially, the company remains focused on optimizing capital deployment, executing strategic investments, and maintaining a disciplined operating loss of approximately $9 million per month.

Additional News

Recent business updates from Faraday Future include significant progress in strategic initiatives and market expansion. The company's preorder momentum for the FX Super One, with over 10,000 nonbinding preorders, underscores strong consumer interest. Influencer-led marketing and collaborations, such as Mariah Carey’s feature in a music video, have played a pivotal role in this success. The company has also made strides in software advancements, including FF AI 2.0, and has initiated trial production for the FX at the Hanford plant. The company is targeting the first FX Super One rollout in the U.S. by year-end and plans to begin deliveries in the Middle East by 2025. Additionally, the RAKEZ facility is now operational, and founder YT Jia has returned as Co-CEO, contributing to a 300% market cap increase. The company is also focusing on its EAI + Crypto Dual-Flywheel strategy, the C10 Treasury plan, and its AI-driven mobility roadmap. These developments highlight Faraday Future’s commitment to innovation and growth in the electric vehicle market.