Lucid Group, Inc. (LCID)

Lucid Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	928.99	807.83	595.27	608.18	27.11	3.98
Revenue Growth (YoY)	39.01%	35.71%	-2.12%	2143.30%	581.87%	-13.38%
Cost of Revenue	1,851	1,731	1,936	1,646	154.9	3.07
Gross Profit	-922.14	-923.11	-1,341	-1,038	-127.79	0.91
Selling, General & Admin	946.51	900.95	797.24	734.57	652.48	89.02
Research & Development	1,130	1,176	937.01	821.51	750.19	511.11
Operating Expenses	2,076	2,077	1,734	1,556	1,403	600.13
Operating Income	-2,998	-3,001	-3,075	-2,594	-1,530	-599.23
Interest Expense	-54.38	-32.92	-24.92	-30.6	-1.37	-0.06
Interest & Investment Income	204.37	213.03	204.27	56.76	-	-
Currency Exchange Gain (Loss)	2.9	-0.6	2.3	-	-	-
Other Non Operating Income (Expenses)	454.51	171.63	84.54	1,264	-1,045	-120.28
EBT Excluding Unusual Items	-2,391	-2,649	-2,809	-1,304	-2,577	-719.57
Merger & Restructuring Charges	-0.08	-20.3	-24.55	-	-2.72	-
Gain (Loss) on Sale of Investments	-23.24	-43.06	6	-	-	-
Pretax Income	-2,298	-2,713	-2,827	-1,304	-2,580	-719.57
Income Tax Expense	-2.66	1.2	1.03	0.38	0.05	-0.19
Net Income	-2,295	-2,714	-2,828	-1,304	-2,580	-719.38
Preferred Dividends & Other Adjustments	761.6	347.61	-	-	2,167	-13.78
Net Income to Common	-3,057	-3,062	-2,828	-1,304	-4,747	-705.6
Shares Outstanding (Basic)	282	245	208	168	74	2
Shares Outstanding (Diluted)	282	245	208	169	74	2
Shares Change (YoY)	22.46%	17.46%	22.95%	128.70%	2882.34%	20.54%
EPS (Basic)	-10.86	-12.52	-13.59	-7.77	-64.12	-284.22
EPS (Diluted)	-11.23	-12.52	-13.60	-15.11	-64.12	-284.22
Free Cash Flow	-3,050	-2,904	-3,400	-3,301	-1,479	-1,030
Free Cash Flow Per Share	-10.83	-11.87	-16.33	-19.50	-19.98	-414.80
Gross Margin	-99.26%	-114.27%	-225.24%	-170.66%	-	22.79%
Operating Margin	-322.76%	-371.43%	-516.58%	-426.52%	-5645.11%	-15071.10%
Profit Margin	-329.06%	-378.98%	-475.15%	-214.48%	-17509.84%	-17746.38%
Free Cash Flow Margin	-328.32%	-359.42%	-571.24%	-542.78%	-5456.65%	-25899.85%
EBITDA	-2,629	-2,705	-2,842	-2,407	-1,468	-589.01
D&A For EBITDA	369.36	295.34	233.53	186.58	62.91	10.22
EBIT	-2,998	-3,001	-3,075	-2,594	-1,530	-599.23
Advertising Expenses	-	49.8	35.3	-	-	-

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q