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

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

FFAI's R&D increased by 8.9% year-over-year, from $6.42M to $6.99M.

What is the long-term trend for FFAI's R&D?

Over 3 years (2021 to 2025), FFAI's R&D has grown at a -53.1% compound annual growth rate (CAGR), from $174.94M to $18.06M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

FFAI FFAI R&D

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Segments

By segment

See full

AIEV$6.99M+66.8%

AIXC$4K+110%

Robotics$0—

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

See full

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

See full

Operating cash flow-$31.5M-55.1%

CapEx$221.0K-85.9%

Free cash flow-$31.7M-45.0%

Valuation

See full

Market cap$80.37M-44.5%

Enterprise value$130.58M-29.4%

P/S109.8×-126×

Profitability

See full

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: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 R&D?: FFAI (FFAI) reported R&D of $6.99M in Q1 2026.
How has FFAI's R&D changed year-over-year?: FFAI's R&D increased by 8.9% year-over-year, from $6.42M to $6.99M.
What is the long-term trend for FFAI's R&D?: Over 3 years (2021 to 2025), FFAI's R&D has grown at a -53.1% compound annual growth rate (CAGR), from $174.94M to $18.06M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.