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FFAI FFAI AIEV and AIXC — Transition service expense

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Other financials

Income statement

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Revenue$512.0K+62.0%
Gross profit-$11.4M+46.0%
Operating income-$35.9M+18.1%
Net income-$38.9M-278%
EPS (diluted)-$0.18-28.6%

Balance sheet

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Cash & equivalents$12.3M+29.1%
Total debt$62.5M+46.4%
Total equity-$12.4M-109%
Total assets$250.1M-39.1%

Cash flow

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Operating cash flow-$31.5M-55.1%
CapEx$221.0K-85.9%
Free cash flow-$31.7M-45.0%

Valuation

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Market cap$80.37M-44.5%
Enterprise value$130.58M-29.4%
P/S109.8×-126×

Profitability

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Gross margin-12,032.7%+3,469pp
Operating margin-44,142.6%-130,545pp
Net margin-57,277.9%+66,395pp
FCF margin-17,083.3%+43,535pp

Returns & leverage

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Return on equity-320.2%-2,578pp
Debt / equity0.9×+0.8×
Current ratio0.4×0.0×

Where this comes from

Reported directly by FFAI in its filing.

Tagged under the XBRL concept ffie:TransitionServiceExpense.

The official record: FFAI’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FFAI's AIEV and AIXC — transition service expense?
FFAI (FFAI) reported AIEV and AIXC — transition service expense of $500K in Q1 2026.
What does AIEV and AIXC — transition service expense mean?
This metric represents the costs incurred by the AIEV and AIXC business segments related to the migration, integration, or separation of services during organizational restructuring or business combinations. It captures the temporary operational expenditures required to maintain service continuity while transitioning systems, processes, or assets to a new operating model. Monitoring this expense helps investors assess the short-term financial impact of integration activities and the efficiency of the transition process.