Lucid Group Cash Flow 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
Net Income	-2,698	-2,714	-2,828	-1,304	-2,580
Depreciation & Amortization	451.24	295.34	233.53	186.58	62.91
Loss (Gain) From Sale of Investments	-7.85	-33.68	-111.43	-20.7	-
Stock-Based Compensation	271.28	285.87	257.28	423.5	516.76
Other Operating Activities	137.59	470.78	919.06	-619.06	1,124
Change in Accounts Receivable	-65.69	-61.28	-32.51	-16.5	-2.89
Change in Inventory	-1,449	-334.24	-658.01	-1,256	-175.09
Change in Accounts Payable	318.46	34.76	-139.52	180.47	4.35
Change in Other Net Operating Assets	110.18	36.73	-129.73	200.25	-8.9
Operating Cash Flow	-2,932	-2,020	-2,490	-2,226	-1,058
Capital Expenditures	-868.16	-883.84	-910.64	-1,075	-421.22
Investment in Securities	2,345	-410.61	-129	-2,704	0.51
Other Investing Activities	2.05	-	92.67	97.59	0.02
Investing Cash Flow	1,478	-1,294	-946.98	-3,682	-420.69
Short-Term Debt Issued	341.24	79.84	62.91	29.82	41.94
Long-Term Debt Issued	2,075	-	-	31.7	2,002
Total Debt Issued	2,416	79.84	62.91	61.52	2,044
Short-Term Debt Repaid	-	-25.86	-	-35.55	-27.89
Long-Term Debt Repaid	-1,683	-3.17	-5.43	-4.98	-3.09
Total Debt Repaid	-1,683	-29.02	-5.43	-40.53	-30.98
Net Debt Issued (Repaid)	733.12	50.82	57.49	20.99	2,013
Issuance of Common Stock	325.15	1,768	3,031	1,552	181.41
Repurchase of Common Stock	-12.91	-10.02	-17.62	-218.79	-42.78
Other Financing Activities	-158.02	-9.24	-	-6.63	4,384
Financing Cash Flow	887.34	3,550	3,071	1,347	7,136
Net Cash Flow	-566.14	235.55	-365.81	-4,561	5,658
Free Cash Flow	-3,800	-2,904	-3,400	-3,301	-1,479
Free Cash Flow Margin	-280.70%	-359.42%	-571.24%	-542.78%	-5456.65%
Free Cash Flow Per Share	-12.19	-11.87	-16.33	-19.50	-19.98
Cash Interest Paid	55.82	25.53	18.18	23.2	0.63
Cash Income Tax Paid	4.51	0.09	0.04	0.48	-
Levered Free Cash Flow	-2,402	-2,047	-2,263	-2,335	-795.82
Unlevered Free Cash Flow	-2,342	-2,026	-2,247	-2,316	-794.96
Change in Working Capital	-1,086	-324.04	-959.77	-892.13	-182.53

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