Fisker’s available statistics show a company moving from early vehicle production into rapid delivery growth while reporting substantial costs, losses and liquidity pressure. The figures below distinguish company-reported estimates from audited filings, identify measurement periods and separate operating data from regulatory and bankruptcy records.
Key Fisker Statistics
The most useful headline figures span global vehicle activity, consolidated financial results, workforce scale and U.S. and Canadian regulatory records:
- In 2023, Fisker produced 10,142 Ocean SUVs globally, according to the company’s production reporting.
- In 2023, the audited 10-K reported 4,847 vehicles delivered net of returns globally.
- In Q4 2023, Fisker delivered 3,818 vehicles globally.
- In Q3 2023, Fisker delivered 1,097 vehicles globally.
- In 2023, Fisker reported $272.883 million of consolidated revenue.
- In 2022, Fisker reported $342,000 of consolidated revenue.
- In 2021, Fisker reported $106,000 of consolidated revenue.
- In 2023, Fisker recorded a $285.938 million gross loss.
- In 2023, Fisker reported a $602.455 million loss from operations.
- At December 31, 2023, cash, cash equivalents and restricted cash totaled $395.899 million.
- At December 31, 2023, unrestricted cash and cash equivalents totaled $325.452 million.
- At December 31, 2022, Fisker employed approximately 760 people.
- On February 17, 2023, Fisker employed approximately 850 people.
- In May 2024, the U.S. cluster-telltale recall covered 6,864 model-year-2023 Oceans.
- In May 2024, the Canadian cluster-telltale recall covered 281 model-year-2023 Oceans.
- On May 8, 2024, NHTSA opened the PE24-013 investigation into inadvertent automatic-emergency-braking allegations involving 2023 Fisker Ocean vehicles.
- On June 17, 2024, Fisker Group Inc. filed a voluntary Chapter 11 case in the United States Bankruptcy Court for the District of Delaware.
- On June 19, 2024, Fisker Inc. and other U.S. subsidiaries commenced their Chapter 11 cases in the same court.
Contents
- Key Fisker Statistics
- Fisker Production and Delivery Statistics
- Fisker Revenue and Financial Performance Data
- Fisker Costs, Losses and Cash Statistics
- Fisker Workforce and Operating Scale
- Fisker Ocean Safety and Recall Statistics
- Fisker Bankruptcy and Business Outlook Statistics
Fisker Production and Delivery Statistics
Fisker began producing vehicles for customer deliveries in Q2 2023. The company reported 10,142 Ocean SUVs produced during 2023, but production and deliveries were different measures and should not be treated as interchangeable.
| Measure | Period | Result | Scope |
|---|---|---|---|
| Ocean production | 2023 | 10,142 vehicles | Global |
| Deliveries | Q3 2023 | 1,097 vehicles | Global |
| Deliveries | Q4 2023 | 3,818 vehicles | Global |
| Audited deliveries, net of returns | Year ended December 31, 2023 | 4,847 vehicles | Global |
Sources: Fisker Inc. Annual Report on Form 10-K for the Fiscal Year Ended December 31, 2023 and Fisker December 2023 Business Update.
The December 2023 business update said deliveries grew 300% from Q3 to Q4 and reported approximately 4,700 Oceans delivered during 2023. That estimate differs from the audited 10-K’s 4,847 vehicles delivered net of returns, so the two figures should retain their original labels.
The same December update reported six Ocean awards through December 2023. The award count was company-selected, and the criteria and organizations represented varied.
Fisker Revenue and Financial Performance Data
Fisker’s consolidated revenue expanded sharply as vehicle sales began, although the percentage comparison was heavily affected by the very small 2022 base. The 2023 figures are GAAP consolidated amounts from the annual report.
| Fiscal period | Revenue | Scope |
|---|---|---|
| 2021 | $106,000 | Consolidated company |
| 2022 | $342,000 | Consolidated company |
| 2023 | $272.883 million | Consolidated company |
Source: Fisker Inc. Annual Report on Form 10-K for the Fiscal Year Ended December 31, 2023.
The SEC filing stated that revenue increased by $272.541 million from 2022 to 2023, reported as a 79,690% increase. That unusually large percentage reflects the low 2022 starting point rather than a stable mature-company growth rate.
Non-vehicle activity remained much smaller than the 2023 consolidated total:
- Apparel, goods and home-charging sales totaled $0.8 million in 2023.
- Costs of revenue for apparel, goods and home charging totaled $1.1 million in 2023.
- Those combined non-vehicle sales generated $0.3 million of gross profit in 2023.
- Fisker had no vehicle sales in 2022, while non-vehicle sales totaled $0.3 million.
These non-vehicle figures combine apparel, branded goods and home-charging solutions where the filing reports them together.
Fisker Costs, Losses and Cash Statistics
The 2023 financial picture included a large cost base relative to revenue. Fisker reported $558.821 million of cost of goods sold and a $285.938 million gross loss for 2023, compared with $263,000 of cost of goods sold in 2022.
| 2023 measure | Amount | Definition |
|---|---|---|
| Cost of goods sold | $558.821 million | GAAP cost of goods sold |
| Gross loss | $285.938 million | Negative gross margin result |
| SG&A expense | $249.160 million | GAAP operating expense |
| R&D expense | $67.357 million | GAAP operating expense |
| Total operating costs and expenses | $316.517 million | Excludes cost of goods sold |
| Loss from operations | $602.455 million | GAAP operating loss |
Source: Fisker Inc. Annual Report on Form 10-K for the Fiscal Year Ended December 31, 2023.
Compared with 2022, SG&A increased by $142.7 million, or 134.1%, while R&D fell by $356.6 million, or 84.1%. The 2022 R&D figure included $107.7 million for prototype parts, testing and trial production runs, which helps define why the two years are not structurally identical.
Other reported 2023 cost and financing measures included the following:
- Interest expense was $18.7 million, while interest income was $24.745 million; the interest income reflected yields from money-market funds and was not operating revenue.
- Fisker recorded a $232.7 million net-realizable-value inventory write-down; this was an inventory valuation write-down, not cash spending.
- Depreciation and amortization included in 2023 cost of goods sold was $46.4 million.
- Fisker reported an $8.4 million provision for a loan made to a supplier in 2023; the provision was an other-expense item and not necessarily a cash loss in that period.
- Interest expense was $18.4 million in 2022.
Cash measures also require definition because the year-end total included restricted cash:
| Cash measure | Date | Amount |
|---|---|---|
| Cash, cash equivalents and restricted cash | December 31, 2022 | $736.549 million |
| Cash, cash equivalents and restricted cash | December 31, 2023 | $395.899 million |
| Unrestricted cash and cash equivalents | December 31, 2023 | $325.452 million |
| Restricted cash | December 31, 2023 | $70.447 million |
Source: Fisker Inc. Annual Report on Form 10-K for the Fiscal Year Ended December 31, 2023. The cash totals include restricted cash unless specifically labeled unrestricted.
Fisker Workforce and Operating Scale
Employee counts are point-in-time full-time headcounts, not production or delivery totals. The reported workforce was primarily located in California, Munich and Hyderabad for the approximate counts identified in the 2022 annual report.
| Measurement date | Full-time employees | Scope |
|---|---|---|
| December 31, 2021 | 327 | Company |
| December 31, 2022 | Approximately 760 | Company |
| February 17, 2023 | Approximately 850 | Company |
Source: Fisker Inc. Annual Report on Form 10-K for the Fiscal Year Ended December 31, 2022.
The reported headcount increased from 327 employees at December 31, 2021 to approximately 760 at December 31, 2022, with a separate point-in-time estimate of approximately 850 on February 17, 2023. Because the dates and approximation conventions differ, these numbers describe operating scale at selected moments rather than a complete annual staffing series.
Stock-based compensation in 2023 was $3.3 million in SG&A, $4.0 million in R&D and $0.9 million in cost of goods sold. These are non-cash compensation measures included in their respective expense categories.
Fisker Ocean Safety and Recall Statistics
The May 30, 2024 cluster-telltale recall notice covered model-year-2023 Oceans in the United States and Canada. The country counts were 6,864 vehicles in the United States and 281 in Canada, for a combined 7,145 vehicles in that notice.
| Geography | Vehicles affected | Period and action |
|---|---|---|
| United States | 6,864 | May 30, 2024 cluster-telltale recall |
| Canada | 281 | May 30, 2024 cluster-telltale recall |
| United States and Canada | 7,145 | Sum of the two notice counts |
Source: Fisker Mandatory Stop Sale and Delivery: Software 2.1 Update.
Fisker placed affected vehicles on mandatory stop-sale hold until they were repaired or updated to software 2.1. The 7,145 figure is a simple sum of the two country counts in the same notice, not a separate NHTSA population estimate.
NHTSA opened the PE24-013 investigation into inadvertent automatic-emergency-braking allegations on May 8, 2024. The response to NHTSA’s information request was due July 1, 2024, and NHTSA identified incomplete responses to at least 13 numbered request items or sub-items in its July 2024 review.
Source: PE24-013 Fisker Ocean Inadvertent Automatic Emergency Braking. NHTSA said the investigation was ongoing as of July 10, 2024; these procedural and investigation statistics do not establish a defect rate, injury risk or confirmed safety outcome.
Fisker Bankruptcy and Business Outlook Statistics
Fisker’s Chapter 11 timeline was recorded in SEC filings. Fisker Group Inc. filed its voluntary Chapter 11 case on June 17, 2024, while Fisker Inc. and other U.S. subsidiaries commenced their cases on June 19, 2024.
The jointly administered cases were captioned In re Fisker Inc., et al., Case No. 24-11390 (TMH), in the United States Bankruptcy Court for the District of Delaware.
The debtors obtained authority to access cash collateral through June 28, 2024.
Source: Fisker Inc. Form 8-K, Item 1.03 Bankruptcy or Receivership.
The filing accelerated principal and interest on Fisker’s 2.50% convertible senior notes due 2026. The notes had a 2.50% coupon; that contractual coupon is not the same as an effective yield, and the filing-related acceleration was stayed by the Bankruptcy Code.
Taken together, the production, financial, regulatory and court records describe distinct dimensions of Fisker’s position. Vehicle counts measure manufacturing and deliveries, financial figures are consolidated GAAP amounts unless stated otherwise, employee counts are point-in-time estimates or filings, and NHTSA and bankruptcy records describe formal actions rather than confirmed product-failure or recovery probabilities.