Faraday Future (FF) released financial results for the first quarter of 2026 ended March 31, 2026 and provided a key progress update. FF achieved total revenue of US$512,000 in Q1 of 2026, a year-on-year increase of 62%, which is close to the total revenue in 2025, of which software skill package revenue accounted for 26%; the company's operating losses narrowed 18% year-on-year, and its net assets continued to be positive, and increased by 148% compared with the fourth quarter of 2025. The EAI robot business became the company's new revenue engine in the first delivery season.
As of April 30, 2026, FF has shipped 68 EAI robots. It is expected that shipments will continue to accelerate in May, and the company is moving towards the goal of 200 units in the first delivery season. At the same time, FF announced that it will increase its annual robot terminal shipment target from 1,000 units to 1,500 units, and will release a blockbuster new educational robot product in early June.
In the field of automotive robots, FF plans to upgrade FX Super One to a more competitive 800V architecture, or accelerate the AIHER project, while suspending the original Super One 400V cooperation project.
In terms of funding, FF has received US$45 million in new financing, which can basically support the first phase of ramp-up delivery of the robot. In addition, the U.S. Securities and Exchange Commission (SEC) investigation, which lasted more than four years, has concluded without any penalties against the company and management. The company also announced that founder Jia Yueting was appointed global CEO and the founding team returned in full.
FF Global CEO Jia Yueting said. "The company has officially upgraded to a physical AI ecosystem company. By achieving large-scale delivery of humanoid and bionic EAI robot terminals and maintaining positive gross profit per product, we are quickly transforming first-mover advantages into sustained leadership." It is understood that this is the first time that FF Global CEO Jia Yueting has announced financial results to investors in English as CEO.
Jia Yueting added: "Looking to the future, we will comprehensively promote the company's EAI strategy and industry bridge strategy. Short-term priorities include building a revenue base driven by the EAI robot ecosystem, focusing on humanoid and bionic robots, supplemented by automotive robots, while forming a clear path to sustainable profitability. . We will also continue to promote the long-term ecological construction of 'terminal, data, brain and open source open developer platform'. With the full return of the founding team and the launch and implementation of upgraded change initiatives, we will promote long-term value creation, rebuild trust and confidence in the capital market, and start the next phase of the company's growth."