/
Mission Lucid s mission is to advance the state-of-the-art of electric vehicle ( EV ) technology for the benefit of all. About Us Lucid is a technology company that is shaping the future of mobility through its innovations, advanced technology, and software-defined vehicle platforms.
The business is unprofitable at the operating level (-258.66% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 67.6% YoY with margins expanding 115.3pp.
ROIC dropped from -34.70% to -53.25%, capital efficiency is deteriorating. Negative free cash flow of -$3.80B. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$1.40B
▲ +67.6% YoY
Net Income (TTM)
-$3.36B
▲ +0.6% YoY
Op. Margin
-271.15%
▲ +115.3pp YoY
ROIC
-71.27%
▼ -18.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$4.65B
▼ -30.9% YoY
Op. Cash Flow (TTM)
-$3.69B
▼ -45.2% YoY
Net Debt
$2.47B
Cash & Equiv.
$700M
5Y CAGR: +220.9%
Continue Research