What is FFAI's AIEV — gross profit?

FFAI (FFAI) reported AIEV — gross profit of -$11.52M in Q1 2026.

How has FFAI's AIEV — gross profit changed year-over-year?

FFAI's AIEV — gross profit increased by 52.9% year-over-year, from -$24.44M to -$11.52M.

What does AIEV — gross profit mean?

Calculated as the difference between the AIEV segment's revenue and its direct cost of revenue. It measures the fundamental profitability of the segment's core business before accounting for overhead, research, or administrative expenses.

FFAI FFAI AIEV — Gross Profit

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Other financials

Income statement

See full

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-47.1%

Enterprise value$130.58M-31.4%

P/S109.8×-137×

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

See full

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 us-gaap:GrossProfit.

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 — gross profit?: FFAI (FFAI) reported AIEV — gross profit of -$11.52M in Q1 2026.
How has FFAI's AIEV — gross profit changed year-over-year?: FFAI's AIEV — gross profit increased by 52.9% year-over-year, from -$24.44M to -$11.52M.
What does AIEV — gross profit mean?: Calculated as the difference between the AIEV segment's revenue and its direct cost of revenue. It measures the fundamental profitability of the segment's core business before accounting for overhead, research, or administrative expenses.