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Side-by-side financial comparison of FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI) and Virax Biolabs Group Ltd (VRAX). Click either name above to swap in a different company.

FARADAY FUTURE INTELLIGENT ELECTRIC INC. is the larger business by last-quarter revenue ($129.0K vs $76.5K, roughly 1.7× Virax Biolabs Group Ltd). Virax Biolabs Group Ltd runs the higher net margin — -3809.4% vs -26011.6%, a 22202.2% gap on every dollar of revenue.

Faraday Future Inc. is an American technology company founded in 2014 focused on the development of electric vehicles. Based in Los Angeles, California, it began producing vehicles in 2023 and markets them in the United States and China. The company delivered a total of 16 vehicles by January 2025. After two funding rounds in late 2024 totaling $60 million, the company announced it will pivot to selling rebadged Chinese vans.

Virax Biolabs Group Ltd is a global biotechnology company specializing in the development, production and distribution of in vitro diagnostic test kits. Its core product portfolio covers testing solutions for infectious diseases and immunological conditions, serving clinical institutions, research laboratories and commercial partners across multiple global regions.

FFAI vs VRAX — Head-to-Head

Bigger by revenue
FFAI
FFAI
1.7× larger
FFAI
$129.0K
$76.5K
VRAX
Higher net margin
VRAX
VRAX
22202.2% more per $
VRAX
-3809.4%
-26011.6%
FFAI

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
FFAI
FFAI
VRAX
VRAX
Revenue
$129.0K
$76.5K
Net Profit
$-33.6M
$-2.9M
Gross Margin
-12111.6%
13.7%
Operating Margin
-25041.9%
-3537.5%
Net Margin
-26011.6%
-3809.4%
Revenue YoY
-45.1%
Net Profit YoY
72.3%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FFAI
FFAI
VRAX
VRAX
Q4 25
$129.0K
Q1 25
$316.0K
Q4 24
$235.0K
Q3 24
$76.5K
Q2 24
$293.0K
Q4 23
$233.0K
Q3 23
$551.0K
Q2 23
$0
Net Profit
FFAI
FFAI
VRAX
VRAX
Q4 25
$-33.6M
Q1 25
$-10.3M
Q4 24
$-121.3M
Q3 24
$-2.9M
Q2 24
$-108.7M
Q4 23
$-83.8M
Q3 23
$-78.0M
Q2 23
$-124.9M
Gross Margin
FFAI
FFAI
VRAX
VRAX
Q4 25
-12111.6%
Q1 25
-6666.1%
Q4 24
-8801.7%
Q3 24
13.7%
Q2 24
-7057.0%
Q4 23
-8424.9%
Q3 23
-2827.6%
Q2 23
Operating Margin
FFAI
FFAI
VRAX
VRAX
Q4 25
-25041.9%
Q1 25
-13870.6%
Q4 24
-12899.6%
Q3 24
-3537.5%
Q2 24
-17272.7%
Q4 23
-29090.1%
Q3 23
-12059.3%
Q2 23
Net Margin
FFAI
FFAI
VRAX
VRAX
Q4 25
-26011.6%
Q1 25
-3252.5%
Q4 24
-51599.6%
Q3 24
-3809.4%
Q2 24
-37093.9%
Q4 23
-35964.4%
Q3 23
-14164.4%
Q2 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FFAI
FFAI
VRAX
VRAX
Cash + ST InvestmentsLiquidity on hand
$34.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-27.3M
Total Assets
$277.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFAI
FFAI
VRAX
VRAX
Q4 25
$34.9M
Q1 25
$9.5M
Q4 24
$7.1M
Q3 24
Q2 24
$793.0K
Q4 23
$1.9M
Q3 23
$6.7M
Q2 23
$17.9M
Stockholders' Equity
FFAI
FFAI
VRAX
VRAX
Q4 25
$-27.3M
Q1 25
$139.8M
Q4 24
$115.0M
Q3 24
Q2 24
$148.7M
Q4 23
$228.2M
Q3 23
$261.8M
Q2 23
$277.7M
Total Assets
FFAI
FFAI
VRAX
VRAX
Q4 25
$277.9M
Q1 25
$410.6M
Q4 24
$425.4M
Q3 24
Q2 24
$457.9M
Q4 23
$530.5M
Q3 23
$579.5M
Q2 23
$567.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FFAI
FFAI
VRAX
VRAX
Operating Cash FlowLast quarter
$-28.4M
Free Cash FlowOCF − Capex
$-29.5M
FCF MarginFCF / Revenue
-22886.8%
Capex IntensityCapex / Revenue
867.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-91.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFAI
FFAI
VRAX
VRAX
Q4 25
$-28.4M
Q1 25
$-20.3M
Q4 24
$-18.4M
Q3 24
Q2 24
$-14.4M
Q4 23
$-37.8M
Q3 23
$-79.7M
Q2 23
$-57.7M
Free Cash Flow
FFAI
FFAI
VRAX
VRAX
Q4 25
$-29.5M
Q1 25
$-21.9M
Q4 24
$-25.3M
Q3 24
Q2 24
$-14.6M
Q4 23
$-58.1M
Q3 23
$-94.7M
Q2 23
$-66.7M
FCF Margin
FFAI
FFAI
VRAX
VRAX
Q4 25
-22886.8%
Q1 25
-6918.7%
Q4 24
-10770.6%
Q3 24
Q2 24
-4993.5%
Q4 23
-24923.2%
Q3 23
-17181.1%
Q2 23
Capex Intensity
FFAI
FFAI
VRAX
VRAX
Q4 25
867.4%
Q1 25
496.2%
Q4 24
2945.1%
Q3 24
Q2 24
88.4%
Q4 23
8696.6%
Q3 23
2723.4%
Q2 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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