Faraday Future 2025 Q3 Earnings Revenue Surges 311% Despite Widening Net Loss

Faraday Future (FFAI) reported fiscal 2025 Q3 earnings on Nov 21, 2025, delivering a 311.1% revenue surge to $37 million but facing a 186% increase in net losses. The results reflect strong demand for its FF 91 pre-orders and retail partnerships, though operational challenges persist.

Revenue

Faraday Future’s total revenue soared to $37 million in Q3 2025, a 311.1% increase from $9 million in the prior-year period. The growth was entirely driven by automotive sales, which accounted for the full $37 million in revenue. This performance underscores robust market interest in the company’s flagship FF 91 model and expanded retail collaborations.

Earnings/Net Income

The company narrowed its per-share loss to $1.55 in Q3 2025 from $5.32 in Q3 2024, reflecting a 70.9% improvement in EPS. However, the net loss widened to $222.19 million, up 186% from $77.69 million in the prior-year period. While the EPS improvement signals progress, the significant net loss highlights ongoing operational and financial pressures.

Price Action

FFAI’s stock surged 8.74% in a single trading day and 10.89% over the past week, though it declined 18.84% month-to-date as of Nov 21.

Post-Earnings Price Action Review

A strategy of buying FFAI on a revenue beat and holding for 30 days could capitalize on short-term momentum, particularly if the market reacts positively to earnings surprises. However, risks remain high due to the company’s $206.8 million operating loss and $79.2 million operating cash flow for the nine months ending Sept 30, 2025. The potential tokenization of FFAI stock by AIxCrypto (AIXC) could further complicate volatility. Strategic moves like the "FFAI + AIXC" dual-flywheel framework may enhance long-term value, but execution risks and financial health are critical variables. Without historical backtesting data, the strategy’s reliability remains unproven. Investors should set clear exit rules and diversify holdings to mitigate risks.

CEO Commentary

CEO Bryan Schornack highlighted Q3’s $37 million revenue growth, driven by FF 91 pre-orders and retail partnerships. However, he acknowledged challenges, including elevated production costs and supply chain bottlenecks.

Guidance

No explicit guidance was provided in the earnings report.

Additional News

Faraday Future finalized its "FFAI + AIXC" dual-flywheel, dual-bridge, and dual-listed company system, with its majority-owned subsidiary rebranded as AIxCrypto Holdings Inc. (AIXC). AIxCrypto plans to launch RWA services, including potential tokenization of up to $5 million of FFAI Class A common stock. This integration aims to enhance financing efficiency, asset returns, and user expansion via Web3 channels. Additionally, FF announced the first FX Super One pre-production vehicle would roll off the U.S. line by year-end, with a UAE delivery scheduled for Nov 27. The company also filed a blockchain-based mobility system patent to streamline car-sharing and rentals, reinforcing its EAI + Crypto vision.