Lucid Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,354	807.83	595.27	608.18	27.11
Revenue Growth (YoY)	67.58%	35.71%	-2.12%	2143.30%	581.87%
Cost of Revenue	2,610	1,731	1,936	1,646	154.9
Gross Profit	-1,256	-923.11	-1,341	-1,038	-127.79
Selling, General & Admin	1,034	900.95	797.24	734.57	652.48
Research & Development	1,211	1,176	937.01	821.51	750.19
Operating Expenses	2,245	2,077	1,734	1,556	1,403
Operating Income	-3,502	-3,001	-3,075	-2,594	-1,530
Interest Expense	-95.1	-32.92	-24.92	-30.6	-1.37
Interest & Investment Income	156.44	213.03	204.27	56.76	-
Currency Exchange Gain (Loss)	2.3	-0.6	2.3	-	-
Other Non Operating Income (Expenses)	631.75	171.63	84.54	1,264	-1,045
EBT Excluding Unusual Items	-2,806	-2,649	-2,809	-1,304	-2,577
Merger & Restructuring Charges	-	-20.3	-24.55	-	-2.72
Gain (Loss) on Sale of Investments	-15.79	-43.06	6	-	-
Other Unusual Items	121.77	-	-	-	-
Pretax Income	-2,700	-2,713	-2,827	-1,304	-2,580
Income Tax Expense	-2.33	1.2	1.03	0.38	0.05
Net Income	-2,698	-2,714	-2,828	-1,304	-2,580
Preferred Dividends & Other Adjustments	983.65	347.61	-	-	2,167
Net Income to Common	-3,682	-3,062	-2,828	-1,304	-4,747
Shares Outstanding (Basic)	312	245	208	168	74
Shares Outstanding (Diluted)	312	245	208	169	74
Shares Change (YoY)	27.47%	17.46%	22.95%	128.70%	2882.34%
EPS (Basic)	-11.81	-12.52	-13.59	-7.77	-64.12
EPS (Diluted)	-11.81	-12.52	-13.59	-15.11	-64.12
Free Cash Flow	-3,800	-2,904	-3,400	-3,301	-1,479
Free Cash Flow Per Share	-12.19	-11.87	-16.33	-19.50	-19.98
Gross Margin	-92.81%	-114.27%	-225.24%	-170.66%	-
Operating Margin	-258.66%	-371.43%	-516.58%	-426.52%	-5645.11%
Profit Margin	-271.95%	-378.98%	-475.15%	-214.48%	-17509.84%
Free Cash Flow Margin	-280.70%	-359.42%	-571.24%	-542.78%	-5456.65%
EBITDA	-3,051	-2,705	-2,842	-2,407	-1,468
EBITDA Margin	-225.33%	-	-	-	-
D&A For EBITDA	451.24	295.34	233.53	186.58	62.91
EBIT	-3,502	-3,001	-3,075	-2,594	-1,530
EBIT Margin	-258.66%	-	-	-	-
Advertising Expenses	112.2	49.8	35.3	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.