Faraday Future Intelligent Electric (FFAI) Operating Expenses (2020 - 2026)
Faraday Future Intelligent Electric (FFAI) posted Operating Expenses of $7.4 million for Q4 2025, down 95.73% sequentially from $172.6 million in Q3 2025, and down 23.53% YoY from $9.6 million in Q4 2024.
Analysis
Faraday Future Intelligent Electric (FFAI) Operating Expenses (2020 - 2026) Analysis & Trends
Faraday Future Intelligent Electric has reported Operating Expenses for 6 years, with the latest figure at $7.4 million in Q4 2025.
- Quarterly Operating Expenses fell 23.53% year-over-year to $7.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $224.0 million (up 238.08% YoY) and the FY2025 annual result came in at $233.3 million, up 252.14% from the prior year.
- Operating Expenses retreated to $7.4 million in Q4 2025 per FFAI's latest filing, from $172.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $185.7 million in Q3 2021 and troughed at $3.8 million in Q3 2024.
- A 5-year average of $66.3 million and a median of $48.8 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses tumbled 92.6% in 2024, then surged 4486.45% in 2025.
- Over 5 years, Operating Expenses stood at $121.4 million in 2021, then tumbled by 41.75% to $70.7 million in 2022, then sank by 31.91% to $48.2 million in 2023, then tumbled by 80.0% to $9.6 million in 2024, then retreated by 23.53% to $7.4 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $7.4 million, $172.6 million, and $21.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,211.80 Bn | 1,168.28 Bn | 4.75 Bn | 4.35 Bn |
| 2 | Toyota Motor | 255.99 Bn | 127.54 Bn | 12.27 Bn | 78.18 Bn |
| 3 | Honda Motor | 131.57 Bn | 91.43 Bn | 8.46 Bn | -34.70 Bn |
| 4 | Ford Motor | 80.14 Bn | 48.80 Bn | 6.08 Bn | 47.66 Bn |
| 5 | General Motors | 76.77 Bn | 52.05 Bn | 7.33 Bn | 46.57 Bn |
| 6 | Ferrari | 74.09 Bn | 72.34 Bn | 1.18 Bn | 471.42 Mn |
| 7 | Rivian Automotive | 20.91 Bn | 15.60 Bn | 179.00 Mn | 1.02 Bn |
| 8 | Stellantis | 15.36 Bn | -26.10 Bn | 5.55 Bn | 4.85 Bn |
| 9 | Li Auto | 11.84 Bn | -726.49 Mn | 417.98 Mn | -757.09 Mn |
| 10 | Faraday Future Intelligent Electric | 4.06 Mn | -21.85 Mn | -10.70 Mn | 24.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.13 Mn |
| Dec 31, 2025 | 7.36 Mn |
| Sep 30, 2025 | 172.59 Mn |
| Jun 30, 2025 | 21.25 Mn |
| Mar 31, 2025 | 22.77 Mn |
| Dec 31, 2024 | 9.63 Mn |
| Sep 30, 2024 | 3.76 Mn |
| Jun 30, 2024 | 29.93 Mn |
| Mar 31, 2024 | 22.92 Mn |
| Dec 31, 2023 | 48.15 Mn |
| Sep 30, 2023 | 50.87 Mn |
| Jun 30, 2023 | 49.37 Mn |
| Mar 31, 2023 | 95.85 Mn |
| Dec 31, 2022 | 70.72 Mn |
| Sep 30, 2022 | 79.96 Mn |
| Jun 30, 2022 | 137.47 Mn |
| Mar 31, 2022 | 149.00 Mn |
| Dec 31, 2021 | 121.41 Mn |
| Sep 30, 2021 | 185.66 Mn |
| Jun 30, 2021 | 27.69 Mn |