Lucid Group, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:25:57Z
Custom taxonomy namespace:
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Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -3.80B | -2.91B | -3.41B | -3.31B | -1.48B | -1.03B |
| EBITDA | -3.05B | -2.73B | -2.87B | -2.41B | — | — |
| Working Capital | 663.52M | 3.71B | 3.75B | 3.97B | 6.11B | 477.27M |
| Net Debt | 2.20B | 870.05M | 1.06B | 612.70M | -4.07B | -614.41M |
| Gross Margin | -92.81% | -114.27% | -225.24% | -170.66% | -471.34% | 22.79% |
| Operating Margin | -258.66% | -373.94% | -520.70% | -426.52% | -5645.11% | -15071.10% |
| Net Margin | -199.30% | -335.95% | -475.15% | -214.49% | -9515.55% | -18093.06% |
| Return on Equity (ROE) | -376.15% | -70.08% | -58.30% | -29.99% | -65.99% | 54.55% |
| Return on Assets (ROA) | -32.17% | -28.13% | -33.23% | -16.56% | -32.73% | -51.29% |
| Current Ratio | 1.25× | 4.18× | 4.72× | 5.24× | 16.43× | 3.58× |
| Debt-to-Equity | 4.46× | 0.64× | 0.50× | 0.54× | 0.56× | 0.00× |
| Effective Tax Rate | 0.09% | -0.04% | -0.04% | -0.03% | -0.00% | 0.03% |
| Cash Conversion Ratio | 1.09× | 0.74× | 0.88× | 1.71× | 0.41× | 0.79× |
| Accruals Ratio | 0.03× | -0.07× | -0.04× | 0.12× | -0.19× | -0.11× |
| SBC % of Revenue | 20.04% | 35.39% | 43.22% | 69.63% | 1906.08% | 116.05% |
| CapEx Coverage | -3.36× | -2.28× | -2.72× | -2.06× | -2.49× | -1.24× |
| Free Cash Flow Per Share | $-12.14 | $-11.89 | $-16.36 | $-1.95 | $-2.00 | $-41.48 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.35B | 807.83M | 595.27M | 608.18M | — | — |
| Revenues | — | — | 595.27M | 608.18M | 27.11M | 3.98M |
| Cost of Revenue | 2.61B | 1.73B | 1.94B | 1.65B | 154.90M | 3.07M |
| Research and Development Expense | 1.21B | 1.18B | 937.01M | 821.51M | 750.18M | 511.11M |
| Selling, General and Administrative Expense | 1.03B | 900.95M | 797.24M | 734.57M | 652.48M | 89.02M |
| Operating Expenses | — | — | — | — | — | 2.98M |
| Operating Income (Loss) | -3.50B | -3.02B | -3.10B | -2.59B | -1.53B | -599.23M |
| Income Tax Expense (Benefit) | -2.33M | 1.20M | 1.03M | 379.00K | 49.00K | -188.00K |
| Net Income (Loss) Attributable to Parent | -2.70B | -2.71B | -2.83B | -1.30B | -2.58B | -719.38M |
| Earnings Per Share, Basic | $-11.81 | $-12.52 | $-13.59 | $-0.78 | $-6.41 | $-28.42 |
| Weighted Average Number of Shares Outstanding, Basic | 311.68M | 244.52M | 208.18M | 1.68B | 740.39M | 24.83M |
| Earnings Per Share, Diluted | $-12.09 | $-12.52 | $-13.59 | $-1.51 | $-6.41 | $-28.42 |
| Weighted Average Number of Shares Outstanding, Diluted | 313.40M | 244.52M | 208.18M | 1.69B | 740.39M | 24.83M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 997.83M | 1.61B | 1.37B | 1.74B | 6.26B | 614.41M |
| Assets, Current | 3.30B | 4.87B | 4.76B | 4.91B | 6.51B | 662.56M |
| Assets | 8.39B | 9.65B | 8.51B | 7.88B | 7.88B | 1.40B |
| Liabilities, Current | 2.64B | 1.17B | 1.01B | 937.56M | 396.10M | 185.28M |
| Long-term Debt, Excluding Current Maturities | 2.05B | 2.00B | 2.00B | 1.99B | 1.99B | 0 |
| Liabilities | 5.39B | 4.48B | 3.66B | 3.53B | 3.97B | 227.38M |
| Stockholders' Equity Attributable to Parent | 717.29M | 3.87B | 4.85B | 4.35B | 3.91B | -1.32B |
| Common Stock, Shares, Outstanding | 327.37M | 303.14M | 2.30B | 1.83B | 1.65B | 28.79M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -2.93B | -2.02B | -2.49B | -2.23B | -1.06B | -570.20M |
| Payments to Acquire Property, Plant, and Equipment | 868.16M | 883.84M | 910.64M | 1.07B | 421.22M | 459.58M |
| Net Cash Provided by (Used in) Investing Activities | 1.48B | -1.29B | -946.98M | -3.68B | -420.69M | -459.58M |
| Payments for Repurchase of Common Stock | — | — | 0 | 0 | 20.72M | 0 |
| Net Cash Provided by (Used in) Financing Activities | 887.34M | 3.55B | 3.07B | 1.35B | 7.14B | 1.29B |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -1.44B | -1.24B | -2.56B | -1.60B | -590.41M | -825.32M |
| EBITDA | -873.09M | -942.65M | -821.92M | -691.95M | -593.93M | -642.15M |
| Working Capital | 62.37M | 663.52M | 1.70B | 2.42B | 3.09B | 3.71B |
| Net Debt | 2.47B | 2.20B | 1.18B | 945.21M | 703.29M | 870.05M |
| Gross Margin | -110.35% | -80.71% | -99.12% | -104.98% | -97.22% | -89.04% |
| Operating Margin | -350.30% | -203.69% | -279.88% | -309.54% | -294.38% | -312.59% |
| Net Margin | -364.06% | -155.72% | -290.70% | -207.93% | -155.79% | -169.41% |
| Return on Equity (ROE) | 292.67% | -113.49% | -54.35% | -22.41% | -11.50% | -10.26% |
| Return on Assets (ROA) | -13.74% | -9.71% | -11.09% | -6.08% | -3.97% | -4.12% |
| Current Ratio | 1.02× | 1.25× | 1.81× | 2.58× | 3.32× | 4.18× |
| Debt-to-Equity | -9.02× | 4.46× | 1.56× | 1.14× | 0.80× | 0.64× |
| Effective Tax Rate | -0.02% | -0.22% | 0.04% | 0.44% | 0.37% | -0.15% |
| Cash Conversion Ratio | 1.15× | 1.13× | 2.06× | 2.33× | 1.17× | 1.34× |
| Accruals Ratio | 0.02× | 0.01× | 0.12× | 0.08× | 0.01× | 0.01× |
| SBC % of Revenue | 21.61% | 13.85% | 59.09% | 32.31% | 11.71% | 32.87% |
| CapEx Coverage | -4.66× | -2.81× | -3.70× | -3.65× | -2.65× | -1.82× |
| Free Cash Flow Per Share | $-4.39 | $-3.97 | $-8.20 | $-0.52 | $-1.94 | $-3.38 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 282.46M | 522.73M | 336.58M | 259.43M | 235.05M | 234.47M |
| Cost of Revenue | 594.17M | 944.64M | 670.20M | 531.78M | 463.56M | 443.25M |
| Research and Development Expense | 335.67M | 361.01M | 325.31M | 273.84M | 251.25M | 280.29M |
| Selling, General and Administrative Expense | 304.18M | 281.84M | 283.10M | 256.86M | 212.18M | 243.89M |
| Operating Income (Loss) | -989.49M | -1.06B | -942.02M | -803.05M | -691.93M | -732.95M |
| Income Tax Expense (Benefit) | 177.00K | 1.76M | -363.00K | -2.37M | -1.36M | 589.00K |
| Net Income (Loss) Attributable to Parent | -1.03B | -814.02M | -978.43M | -539.43M | -366.17M | -397.22M |
| Earnings Per Share, Basic | $-3.46 | $-3.66 | $-3.31 | $-0.24 | $-2.41 | $-2.03 |
| Weighted Average Number of Shares Outstanding, Basic | 328.29M | 311.68M | 312.17M | 3.06B | 303.63M | 244.52M |
| Earnings Per Share, Diluted | $-3.46 | $-3.59 | $-3.31 | $-0.28 | $-2.41 | $-2.03 |
| Weighted Average Number of Shares Outstanding, Diluted | 328.29M | 313.40M | 312.17M | 3.06B | 303.63M | 244.52M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 700.36M | 997.83M | 1.64B | 1.80B | 1.85B | 1.61B |
| Assets, Current | 2.76B | 3.30B | 3.80B | 3.95B | 4.42B | 4.87B |
| Assets | 7.48B | 8.39B | 8.82B | 8.87B | 9.22B | 9.65B |
| Liabilities, Current | 2.69B | 2.64B | 2.10B | 1.53B | 1.33B | 1.17B |
| Long-term Debt, Excluding Current Maturities | 2.05B | 2.05B | 2.04B | 2.04B | 2.00B | 2.00B |
| Liabilities | 5.45B | 5.39B | 5.10B | 4.60B | 4.37B | 4.48B |
| Stockholders' Equity Attributable to Parent | -351.37M | 717.29M | 1.80B | 2.41B | 3.18B | 3.87B |
| Common Stock, Shares, Outstanding | 330.14M | 327.37M | 324.16M | 3.07B | 3.05B | 303.14M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -1.19B | -916.41M | -2.02B | -1.26B | -428.61M | -533.15M |
| Payments to Acquire Property, Plant, and Equipment | 253.17M | 325.44M | 542.72M | 343.90M | 161.24M | 291.63M |
| Net Cash Provided by (Used in) Investing Activities | 875.19M | -84.71M | 1.56B | 1.31B | 614.02M | -1.58B |
| Net Cash Provided by (Used in) Financing Activities | 35.28M | 369.62M | 517.73M | 141.68M | 62.73M | 1.83B |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (LCID CIK 0001811210),
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concepts onto different statements in their own extension
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statement than on the actual 10-K / 10-Q; custom concepts and
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For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.