Faraday Future Intelligent Electric (FFAI) Operating Expenses (2020 - 2025)

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.

Faraday Future Intelligent Electric (FFAI) Operating Expenses (2020 - 2025) 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn 4.35 Bn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn 78.18 Bn
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn 239.73 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn 47.66 Bn
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn 46.57 Bn
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn -696.85 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn -660.64 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn 1.02 Bn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn 4.85 Bn
10 Faraday Future Intelligent Electric 3.34 Mn -42.06 Mn -15.62 Mn 7.36 Mn

Historic Data

Download Data
DateValue
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
Mar 31, 2021 19.40 Mn