Lucid Group, Inc. (LCID)

Lucid Group Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	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
Other Operating Expenses	-	20.3	24.55	-	-
Total Operating Expenses	2,245	2,098	1,759	1,556	1,403
Operating Income	-3,502	-3,021	-3,100	-2,594	-1,530
Total Non-Operating Income (Expense)	801.37	308.08	272.19	1,290	-1,049
Pretax Income	-2,700	-2,713	-2,827	-1,304	-2,580
Provision for Income Taxes	2.33	-1.2	-1.03	-0.38	-0.05
Net Income	-3,682	-3,062	-2,828	-1,304	-4,747
Net Income Attributable to Preferred Dividends	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	208,177	168	74
Shares Outstanding (Diluted)	313	245	208,177	169	74
Shares Change (YoY)	28.17%	-99.88%	122844.75%	128.70%	2882.34%
EPS (Basic)	-11.81	-12.52	-13.59	-7.80	-64.10
EPS (Diluted)	-12.09	-12.52	-13.59	-15.10	-64.10
Free Cash Flow	-3,800	-2,904	-3,400	-3,301	-1,479
Free Cash Flow Per Share	-12.13	-11.87	-0.02	-19.50	-19.98
Gross Margin	-92.81%	-114.27%	-225.24%	-170.66%	-471.34%
Operating Margin	-258.66%	-373.94%	-520.70%	-426.52%	-5645.11%
Profit Margin	-199.30%	-335.95%	-475.15%	-214.49%	-9515.55%
FCF Margin	-280.70%	-359.42%	-571.24%	-542.78%	-5456.65%
EBITDA	-3,051	-2,725	-2,866	-2,407	-1,468
EBITDA Margin	-225.33%	-337.38%	-481.47%	-395.84%	-5413.08%
EBIT	-3,502	-3,021	-3,100	-2,594	-1,530
EBIT Margin	-258.66%	-373.94%	-520.70%	-426.52%	-5645.11%
Effective Tax Rate	-0.09%	0.04%	0.04%	0.03%	0.00%

Updated Feb 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q