What is FFAI's AIEV — R&D?

FFAI (FFAI) reported AIEV — R&D of $6.99M in Q1 2026.

How has FFAI's AIEV — R&D changed year-over-year?

FFAI's AIEV — R&D increased by 66.8% year-over-year, from $4.19M to $6.99M.

What does AIEV — R&D mean?

Captures the expenses incurred by the AIEV segment for the discovery, design, and improvement of new or existing products and technologies. This investment is critical for long-term innovation and maintaining a competitive advantage in the market.

FFAI FFAI AIEV — R&D

Other segment segments

AIXC

$4K+110%

Robotics

$0—

Similar metrics at other companies

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MSA

MSAInternational — R&D

$6.72M+6.6%

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 us-gaap:ResearchAndDevelopmentExpense.

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 — R&D?: FFAI (FFAI) reported AIEV — R&D of $6.99M in Q1 2026.
How has FFAI's AIEV — R&D changed year-over-year?: FFAI's AIEV — R&D increased by 66.8% year-over-year, from $4.19M to $6.99M.
What does AIEV — R&D mean?: Captures the expenses incurred by the AIEV segment for the discovery, design, and improvement of new or existing products and technologies. This investment is critical for long-term innovation and maintaining a competitive advantage in the market.