Lucid Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,401	1,354	807.83	595.27	608.18	27.11
Revenue Growth (YoY)	61.03%	67.58%	35.71%	-2.12%	2143.30%	581.87%
Cost of Revenue	2,741	2,610	1,731	1,936	1,646	154.9
Gross Profit	-1,340	-1,256	-923.11	-1,341	-1,038	-127.79
Selling, General & Admin	1,126	1,034	900.95	797.24	734.57	652.48
Research & Development	1,296	1,211	1,176	937.01	821.51	750.19
Other Operating Expenses	37.93	-	20.3	24.55	-	-
Total Operating Expenses	2,460	2,245	2,098	1,759	1,556	1,403
Operating Income	-3,799	-3,502	-3,021	-3,100	-2,594	-1,530
Total Non-Operating Income (Expense)	438.29	801.37	308.08	272.19	1,290	-1,049
Pretax Income	-3,361	-2,700	-2,713	-2,827	-1,304	-2,580
Provision for Income Taxes	-3.95	2.33	-1.2	-1.03	-0.38	-0.05
Net Income	-4,085	-3,682	-3,062	-2,828	-1,304	-4,747
Net Income Attributable to Preferred Dividends	724.69	983.65	347.61	-	-	2,167
Net Income to Common	-4,085	-3,682	-3,062	-2,828	-1,304	-4,747
Shares Outstanding (Basic)	318	312	245	168	168	74
Shares Outstanding (Diluted)	318	313	245	169	169	74
Shares Change (YoY)	20.94%	28.17%	44.41%	-	128.70%	2882.35%
EPS (Basic)	-12.79	-11.81	-12.52	-13.59	-7.80	-64.10
EPS (Diluted)	-13.19	-12.09	-12.52	-13.59	-15.10	-64.10
Shares Outstanding	330.15	327.37	303.14	229.93	182.93	164.76
Free Cash Flow	-4,649	-3,800	-2,904	-3,400	-3,301	-1,479
Free Cash Flow Per Share	-14.63	-12.13	-11.87	-20.08	-19.50	-19.98
Gross Margin	-95.60%	-92.81%	-114.27%	-225.24%	-170.66%	-471.34%
Operating Margin	-271.15%	-258.66%	-373.94%	-520.70%	-426.52%	-5645.11%
Profit Margin	-239.81%	-199.30%	-335.95%	-475.15%	-214.48%	-9515.55%
FCF Margin	-331.79%	-280.70%	-359.42%	-571.24%	-542.78%	-5456.65%
EBITDA	-3,330	-3,051	-2,725	-2,866	-2,407	-1,468
EBITDA Margin	-237.62%	-225.33%	-337.38%	-481.47%	-395.84%	-5413.08%
EBIT	-3,799	-3,502	-3,021	-3,100	-2,594	-1,530
EBIT Margin	-271.15%	-258.66%	-373.94%	-520.70%	-426.52%	-5645.11%
Effective Tax Rate	0.12%	-0.09%	0.04%	0.04%	0.03%	0.00%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q