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Side-by-side financial comparison of FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI) and Li Auto Inc. (LI), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

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.

Li Auto Inc. is a Chinese electric vehicle manufacturer headquartered in Beijing, with manufacturing facilities in Changzhou. Founded by Li Xiang in 2015, the company is best known for producing electric vehicles equipped with range extender petrol engines.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
FFAI
FFAI
LI
LI
Q4 25
$129.0K
Q3 25
$37.0K
Q2 25
$54.0K
Q1 25
$316.0K
Q4 24
$235.0K
Q3 24
$9.0K
Q2 24
$293.0K
Q1 24
$2.0K
Net Profit
FFAI
FFAI
LI
LI
Q4 25
$-33.6M
Q3 25
$-222.2M
Q2 25
$-124.7M
Q1 25
$-10.3M
Q4 24
$-121.3M
Q3 24
$-77.7M
Q2 24
$-108.7M
Q1 24
$-48.2M
Gross Margin
FFAI
FFAI
LI
LI
Q4 25
-12111.6%
Q3 25
-92483.8%
Q2 25
-49737.0%
Q1 25
-6666.1%
Q4 24
-8801.7%
Q3 24
-238266.7%
Q2 24
-7057.0%
Q1 24
-1034250.0%
Operating Margin
FFAI
FFAI
LI
LI
Q4 25
-25041.9%
Q3 25
-558937.8%
Q2 25
-89088.9%
Q1 25
-13870.6%
Q4 24
-12899.6%
Q3 24
-280077.8%
Q2 24
-17272.7%
Q1 24
-2180400.0%
Net Margin
FFAI
FFAI
LI
LI
Q4 25
-26011.6%
Q3 25
-600505.4%
Q2 25
-230881.5%
Q1 25
-3252.5%
Q4 24
-51599.6%
Q3 24
-863177.8%
Q2 24
-37093.9%
Q1 24
-2410850.0%

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

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