All currency values in $ millions unless otherwise noted
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| Income Statement | TTM | DEC 2025 | DEC 2024 | DEC 2023 | DEC 2022 ~2.3:1 split | DEC 2021 |
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Revenue | $1,547 | $1,354 | $808 | $595 | $608 | $27 |
| Cost of Revenue | $3,041 | $2,610 | $1,731 | $1,936 | $1,646 | $155 |
| Gross Profit | -$1,494 | -$1,256 | -$923 | -$1,341 | -$1,038 | -$128 |
| General & Administrative | $1,170 | $1,034 | $901 | $797 | $735 | $652 |
| Research & Development | $1,343 | $1,211 | $1,176 | $937 | $822 | $750 |
| Total Operating Expenses | $5,626 | $4,856 | $3,829 | $3,695 | $3,202 | $1,558 |
| Operating Income | -$4,078 | -$3,502 | -$3,021 | -$3,100 | -$2,594 | -$1,530 |
| Non-Operating | ||||||
| Net Interest Expense | -$66 | $61 | $180 | $179 | $26 | -$1 |
| Other Non-Operating Income (Expense) | $291 | $740 | $128 | $93 | $1,264 | -$1,048 |
| EBT (Earnings Before Tax) | -$3,853 | -$2,700 | -$2,713 | -$2,827 | -$1,304 | -$2,580 |
| Income Tax Expense | $3 | -$2 | $1 | $1 | $0 | $0 |
| Net Income | ||||||
| Net Income | -$3,856 | -$2,698 | -$2,714 | -$2,828 | -$1,304 | -$2,580 |
| Per Share Data | ||||||
| Revenue Per Share | $4.05 | $4.32 | $3.30 | $2.86 | $3.59 | $0.37 |
| EPS (Basic) | -$13.74 | -$11.81 | -$12.52 | -$13.59 | -$7.80 | -$64.10 |
| EPS (Diluted) | -$13.64 | -$12.09 | -$12.52 | -$13.59 | -$15.10 | -$64.10 |
| Weighted Avg Shares (Basic) | 382.1M | 311.7M | 2.45B | 2.08B | 1.68B | 740.4M |
| Weighted Avg Shares (Diluted) | 382.1M | 313.4M | 2.45B | 2.08B | 1.69B | 740.4M |
| Shares Outstanding | 382.1M | 313.4M | 244.5M | 208.2M | 169.3M | 74.0M |
Lucid Group (LCID) financials: revenue, profit and margins
Lucid Group (LCID) generated about $1.5 billion in revenue and -$3.9 billion in net income (a -249.2% net margin) over the trailing twelve months, growing at roughly 220.9% a year. Figures are from SEC filings; this is analysis, not investment advice.
Frequently asked
What is Lucid Group's (LCID) revenue?+
Lucid Group generated about $1.5 billion in revenue over the trailing twelve months. Revenue has grown at roughly 220.9% a year over the past five years. Revenue is the top line, before any costs; what matters for value is how much of it survives to free cash flow. The full income statement, balance sheet and cash-flow statement are on this tab.
Is Lucid Group profitable?+
Lucid Group reported about -$3.9 billion in net loss over the trailing twelve months, a net margin of roughly -249.2%. Net income is the bottom line after all costs, interest and taxes. Compare it to free cash flow on this tab, since reported profit and actual cash generated can diverge.
What are Lucid Group's profit margins?+
Lucid Group runs a gross margin of about -96.6%, an operating margin of about -263.6%, a net margin of about -249.2%. Margins show how much of each sales dollar a company keeps at each stage. Stable or rising margins usually signal pricing power and cost discipline; falling margins are worth investigating. See the multi-year trend on this tab.
How fast is Lucid Group growing?+
Lucid Group's revenue has compounded at roughly 220.9% a year over the past five years. Growth only creates value when it is profitable and cash-generative, so read this rate alongside LCID's margins and free cash flow. This is analysis from SEC filings, not investment advice.
SourceFinancial statements computed from the 10-Q filed 29 Jul 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 5 Aug 2026. How this is calculated.
Fiscal year ends Dec.
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Held by ETFs
LCID is in 43 US ETFs. The largest of them, with LCID's weight in each:
Vanguard Small-Cap Growth ETFVBK0.02%of the fund
iShares Russell 2000 Growth ETFIWO0.03%of the fund
Fidelity Nasdaq Composite Index ETFONEQ0.00%of the fund
Vanguard Consumer Discretionary ETFVCR0.04%of the fund
iShares ESG MSCI KLD 400 ETFDSI0.00%of the fund
iShares ESG Aware MSCI USA Small-Cap ETFESML0.03%of the fund
Spot a number that looks wrong? Check it in LCID's SEC filings or
Download this analysis as a PDF (Pro)
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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