Faraday Future Q2 FY26 net loss narrows to $38.96 million; revenue rises 1,448.1% to $836,000
FFAI•Q2 revenue and losses improve
Faraday Future posted Q2 revenue of $836,000, more than doubled from $54,000 a year earlier.
Net loss narrowed to $38.96 million from $124.68 million, while operating loss improved to $34.83 million from $48.11 million.
Cash position and going-concern warning
Unrestricted cash was $11.2 million at June 30, 2026; management flagged substantial doubt about going-concern status within one year.
Costs fall and robotics segment begins commercialization
Cost of revenue fell 57.1% to $11.54 million, due to lower depreciation following a $128.9 million 2025 property-and-equipment impairment.
Robotics revenue totaled $853,000, and gross profit was $209,000, reflecting initial deliveries as the segment entered early commercialization.
