Faraday Future Intelligent Electric (FFIE) Noble Capital Markets Virtual Equity Investor Conference summary

Robotics strategy and products

• Portfolio spans nearly 20 products in humanoid, quadruped and wheel-based forms, coordinated by a shared AI brain and matched to different tasks.

• More than 550 robots delivered in 2026 to date; management claimed the leading U.S. position by unit shipments and positive gross margin.

• Management sees a 10-billion-device opportunity over the next decade and targets a top-three U.S. position in deliveries and revenue within five years.

• The four-part ecosystem combines brain, devices, data and a developer platform with industrial solutions; the open SDK/API offers developers revenue sharing.

Commercial progress and financial outlook

• Deliveries began in March 2026; H1 revenue was $1M at 31% gross margin. FY 2026 targets are 2,000 units, $7M-$7.1M revenue and gross margin above 10%.

• FY 2027 targets are more than 7,000 deliveries and $45M revenue; a later outlook cited roughly $50M revenue and 31% gross margin.

• 2028 targets are $250M revenue, 44% gross margin and operating cash flow breakeven in Q3; EBITDA and cash flow were also forecast to turn positive in Q3 2028.

• Cumulative funding need was projected below $150M; management expects higher-margin recurring software revenue to lift blended margins.

• Sales are expanding beyond Los Angeles into the Bay Area, Houston, Dallas and New York, with entry into the UAE and Dubai also planned.

Data and operating ecosystem

• Data factory revenue was cited at $400K and nearly $500K; output reached 2,000 hours per month in Aug 2026, with a goal of at least 20,000 monthly hours by year-end.

• The developer platform had more than 100 skills and 200 developers; brain deployment was reported complete, with NVIDIA hardware and software underpinning the system.

• RoboShare rents robots in Los Angeles, the Bay Area and New York; New York commercialization had started, with an owner revenue-sharing model also planned.

• Education, security, industrial and commercial services are key use cases; products include humanoids from $9,999 and quadrupeds priced below $2,000.