What key financial metrics (e.g., revenue, gross margin, cash burn) are expected to be highlighted in the earnings release?

The Faraday Future (FFAI) earnings release will almost certainly focus on the core “cash‑flow engine” metrics that investors use to gauge the viability of a pre‑revenue EV platform. Expect the company to present total revenue (including any licensing, software‑as‑a‑service, and vehicle‑pre‑order cash) and year‑over‑year growth versus its prior‑quarter guidance, as this will be the first hard top‑line number since the firm began limited low‑volume deliveries. Closely tied to that, the filing will break out gross profit and gross margin – the latter is a key proxy for how efficiently the dual‑flywheel/dual‑bridge architecture is translating engineering cost‑savings into profitability. Analysts will be looking for any margin expansion relative to the 2024 Q2 figure (historically in the high‑single‑digit range) as evidence that the new architecture is delivering on its cost‑reduction promise.

On the expense side, the release will spotlight R&D spend, selling‑general‑administrative (SG&A) costs, and the resulting net (or adjusted) loss, which together frame the cash‑burn rate. Faraday typically reports “cash burn” as cash used in operating activities; a slowdown here (e.g., a decline from the ~US$150 million quarterly burn seen in Q4 2024) would signal a longer runway and could underpin a more optimistic cash‑runway update. Finally, the company will likely provide cash and cash‑equivalents balances, available liquidity, and any new financing commitments, as these items directly influence short‑term share‑price volatility in a thinly‑traded stock.

Trading implications: The market will price in the earnings beat/break on two fronts – top‑line growth and burn improvement. If revenue comes in ahead of the modest consensus (~US$10‑12 million) and gross margin expands even a few points, the stock could rally 8‑12% on the upside, especially given the bullish technical setup (rising 20‑day EMA, price above the 50‑day EMA, and strong volume on recent upticks). Conversely, a miss on revenue or a widening cash‑burn figure will likely trigger a sharp sell‑off, breaching the recent support around $3.20 and potentially opening a short‑term channel down to $2.90. Position sizing should reflect the high‑beta nature of the ticker: consider a modest long position with a stop just below the 20‑day EMA if the earnings narrative is positive, or a short‑cover/stop‑loss strategy if the metrics deteriorate.