Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) reported positive stockholders' equity of $7.7 million for the year ended December 31, 2025, following approximately $100 million in debt optimization. The company's stockholders' equity had been negative $115 million at the end of 2024.

The electric vehicle manufacturer launched its robotics business in February 2026, shipping 22 units by the end of March and exceeding its initial target of 20 units for the first month. The robotics division achieved positive product gross margins in the first quarter of 2026.

Revenue for 2025 remained essentially flat year-over-year at $536,000. The company reported a net loss attributable to Faraday Future of $390.7 million for 2025, compared to $355.8 million in 2024. Operating cash outflow was $107.5 million for 2025.

The company generated $161.4 million in financing cash inflow during 2025, representing a 100% increase from $80.7 million in 2024. Faraday Future completed the first pre-production vehicle rolloff of its FX Super One at its Hanford, California facility on December 21, 2025.

The U.S. Securities and Exchange Commission concluded its investigation in March 2026 with no enforcement action taken against the company. The company received a Nasdaq deficiency notice on March 20, 2026, for failing to maintain a minimum bid price of $1.00 per share and has 180 days to regain compliance.

For 2026, Faraday Future targets cumulative robotics shipments of more than 1,000 units by December and expects to generate software-related revenue beyond device sales within the year.