Luminar Technologies 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	66.01	75.4	69.78	40.7	31.94
Revenue Growth (YoY)	-12.44%	8.05%	71.46%	27.40%	128.97%
Cost of Revenue	143.93	96.69	142.47	100.98	46.09
Gross Profit	-77.92	-21.29	-72.69	-60.29	-14.15
Selling, General & Admin	42.59	161.26	212.91	195.43	111.54
Research & Development	137.59	231.67	262.22	185.28	88.86
Operating Expenses	180.18	392.93	475.13	380.72	200.4
Operating Income	-258.1	-414.22	-547.82	-441	-214.55
Interest Expense	-48.19	-27.03	-11.05	-11.1	-2.03
Interest & Investment Income	4.49	10.42	13.11	5.7	2.55
Other Non Operating Income (Expenses)	-0.68	33.54	1.41	8.55	-25.21
EBT Excluding Unusual Items	-302.48	-397.3	-544.35	-437.85	-239.25
Merger & Restructuring Charges	-73.52	-9.77	-	-1.4	-
Impairment of Goodwill	-2.24	-3.4	-15.49	-	-
Gain (Loss) on Sale of Investments	-0.69	-5.9	-9.74	-6.02	-
Asset Writedown	-9.29	-4.4	-	-	-
Other Unusual Items	22.26	150.13	-	-	-
Pretax Income	-365.96	-273.88	-569.57	-445.27	-239.25
Income Tax Expense	0.34	-0.74	1.7	0.67	-1.26
Net Income	-366.3	-273.14	-571.27	-445.94	-237.99
Preferred Dividends & Other Adjustments	11.82	-	-	-	-
Net Income to Common	-378.12	-273.14	-571.27	-445.94	-237.99
Shares Outstanding (Basic)	60	31	26	24	23
Shares Outstanding (Diluted)	60	31	26	24	23
Shares Change (YoY)	90.10%	21.07%	9.29%	2.80%	138.67%
EPS (Basic)	-6.33	-8.70	-22.02	-18.79	-10.31
EPS (Diluted)	-6.33	-8.70	-22.02	-18.79	-10.35
Free Cash Flow	-198.48	-281.72	-269.22	-226.3	-154.85
Free Cash Flow Per Share	-3.33	-8.97	-10.38	-9.54	-6.71
Gross Margin	-118.03%	-28.24%	-104.17%	-148.13%	-44.29%
Operating Margin	-390.97%	-549.40%	-785.08%	-1083.60%	-671.65%
Profit Margin	-572.79%	-362.28%	-818.68%	-1095.73%	-745.01%
Free Cash Flow Margin	-300.66%	-373.66%	-385.82%	-556.04%	-484.77%
EBITDA	-241.43	-393.36	-521.2	-434.44	-210.39
D&A For EBITDA	16.67	20.86	26.62	6.57	4.16
EBIT	-258.1	-414.22	-547.82	-441	-214.55
Revenue as Reported	66.01	75.4	69.78	40.7	31.94

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