Lucid Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021	Jun '21 Jun 30, 2021	Mar '21 Mar 31, 2021
Cash & Equivalents	997.83	1,635	1,796	1,855	1,607	1,894	1,354	2,169	1,370	1,164	2,775	900.04	1,736	1,264	3,157	5,392	6,263	4,797	557.94	809.98
Short-Term Investments	631.09	701.91	1,030	1,756	2,424	1,578	1,863	1,825	2,490	3,258	2,474	2,078	2,177	2,078	1,137	-	-	0.51	0.51	0.51
Cash & Short-Term Investments	1,629	2,337	2,826	3,611	4,031	3,472	3,216	3,994	3,860	4,423	5,249	2,978	3,913	3,342	4,294	5,392	6,263	4,797	558.44	810.48
Cash Growth	-59.59%	-32.69%	-12.14%	-9.60%	4.44%	-21.50%	-38.73%	34.11%	-1.36%	32.33%	22.25%	-44.76%	-37.52%	-30.33%	668.94%	565.26%	918.50%	1262.16%	-	-
Accounts Receivable	177.16	137.64	125.27	90.33	112.03	98.24	101.37	126.93	51.82	23.37	20.57	2.58	19.54	2.66	1.29	0.87	3.15	0.26	0.48	0.64
Other Receivables	13.1	17.4	22.7	24.3	19.6	11.4	12	11.7	11.1	10.5	6.5	5.8	7.5	5.7	4.2	-	-	27.43	27.43	-
Receivables	190.26	155.04	147.97	114.63	131.63	109.64	113.37	138.63	62.92	33.87	27.07	8.38	27.04	8.36	5.49	0.87	3.15	27.7	27.91	0.64
Inventory	1,110	981.06	713.27	471.41	407.77	506.84	509.89	565.65	696.24	798.97	849.78	1,018	834.4	685.32	553.05	333.91	127.25	61.16	28.22	6.31
Prepaid Expenses	59.61	58.14	63.34	51.48	52.95	62.21	71.64	72.14	69.68	76.37	73.46	62.37	63.55	57.26	48.96	42.33	70.35	80.35	41.28	25.62
Restricted Cash	19.86	4	0.01	0.01	0.01	0.01	0.01	0.02	1.56	1.56	1.54	1.56	1.56	1.55	4.04	13.31	10.74	10.97	10.99	11.79
Other Current Assets	291.47	264.85	200.68	174.82	250.6	96.38	90.15	63.17	67.01	58.13	55.79	51.54	72.49	61.75	60.87	82.18	32.59	9.24	15.6	13.76
Total Current Assets	3,300	3,800	3,951	4,423	4,874	4,247	4,001	4,834	4,757	5,391	6,257	4,120	4,912	4,156	4,966	5,864	6,507	4,987	682.44	868.6
Property, Plant & Equipment	4,220	3,980	3,804	3,553	3,474	3,443	3,279	3,189	3,032	2,895	2,698	2,536	2,382	2,166	1,814	1,494	1,344	1,110	1,014	899.92
Long-Term Investments	512.24	687.67	807.79	947.16	1,050	601.18	739.14	688.39	542.56	479.73	288.08	441.73	529.97	513.74	278.06	-	-	-	-	-
Other Long-Term Assets	354.98	355.2	306.1	294.5	249.44	198.28	204.05	185.35	180.63	175.3	171.59	163.3	55.3	51.49	71.23	43.24	30.61	42.7	39.27	31.27
Total Assets	8,387	8,823	8,869	9,218	9,648	8,489	8,223	8,897	8,513	8,941	9,415	7,261	7,879	6,888	7,129	7,402	7,882	6,139	1,736	1,800
Accounts Payable	487.52	393.03	213.66	121.3	133.83	139.19	113.63	101.49	108.72	104.6	140.08	145.75	229.08	79.78	129.07	66.44	41.34	8.91	13.97	9.23
Accrued Expenses	532.02	470.15	417.55	410.83	335.6	269.11	264.59	228.79	221.11	207.17	204.86	388.87	284.12	283.47	255.21	171.28	92.48	98.98	104.99	64.14
Short-Term Debt	-	313.32	233.31	193.28	-	46.65	68.24	72.52	72.53	52.53	13.86	9.6	9.6	15.72	9.17	4.4	-	24.67	8.2	-
Current Portion of Long-Term Debt	671.75	-	-	-	126.42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Portion of Leases	148.39	137.25	58.94	49.23	42.38	41.72	37.33	37.81	36.63	33.89	28.79	25.99	21.86	17.6	16.38	16.93	15.24	17.88	14.19	11.86
Current Unearned Revenue	29.95	27.11	23.93	21.6	18.47	-	-	-	7.71	-	-	-	-	-	-	-	-	-	-	-
Other Current Liabilities	766.5	764.13	586.58	535.24	508.58	649.4	527.1	596.11	561.7	639.67	498	444.76	392.9	428.57	244.26	252.89	247.04	118.96	58.42	173.84
Total Current Liabilities	2,636	2,105	1,534	1,331	1,165	1,146	1,011	1,037	1,008	1,038	885.59	1,015	937.56	825.12	654.1	511.94	396.1	269.41	199.78	259.07
Long-Term Debt	2,047	2,040	2,039	2,003	2,002	2,001	2,000	1,998	1,997	1,996	1,994	1,993	1,992	1,991	1,989	1,988	1,987	-	-	-
Long-Term Leases	329.99	322.6	409.75	312.21	305.93	315.04	310.89	314.89	321.78	323.84	329.67	318.43	325.18	318.54	227.83	195.56	191.41	174.12	156.6	137.88
Long-Term Unearned Revenue	114.8	114.8	114.1	113.4	112.7	112	109.9	107.8	107.8	-	-	-	-	-	-	-	-	-	-	-
Other Long-Term Liabilities	258.71	519.2	500.17	608.98	889.2	1,171	624.84	702.74	226.08	177.85	245.56	302.57	274.96	522.33	547.9	876.83	1,398	850.5	12.15	1,176
Total Liabilities	5,386	5,102	4,597	4,370	4,475	4,745	4,056	4,160	3,661	3,535	3,455	3,629	3,530	3,657	3,419	3,572	3,972	1,294	368.53	1,573
Common Stock	0.03	0.03	0.31	0.31	0.03	0.23	0.23	0.23	0.23	0.23	0.23	0.18	0.18	0.17	0.17	0.17	0.17	0.16	0	0
Additional Paid-In Capital	16,337	16,605	16,232	16,478	16,808	15,207	15,064	15,135	15,066	14,982	14,904	11,810	11,752	10,163	10,099	9,997	9,996	9,865	26.62	6.2
Retained Earnings	-15,611	-14,797	-13,818	-13,279	-12,913	-12,515	-11,523	-10,880	-10,199	-9,545	-8,914	-8,150	-7,370	-6,898	-6,368	-6,147	-6,066	-5,020	-4,496	-4,234
Treasury Stock	-20.72	-20.72	-20.72	-20.72	-20.72	-20.72	-20.72	-20.72	-20.72	-20.72	-20.72	-20.72	-20.72	-20.72	-20.72	-20.72	-20.72	-	-	-
Comprehensive Income & Other	11.69	13.11	14.62	5.35	-2.1	12.91	-4.16	-2.4	4.85	-10.36	-9.95	-7.54	-11.57	-13.27	-0.69	-	-	-	-	-
Total Common Equity	717.29	1,800	2,408	3,184	3,873	2,684	3,516	4,232	4,852	5,406	5,960	3,632	4,350	3,231	3,710	3,829	3,909	4,845	-4,469	-4,228
Shareholders' Equity	3,001	3,721	4,272	4,848	5,173	3,744	4,167	4,737	4,852	5,406	5,960	3,632	4,350	3,231	3,710	3,829	3,909	4,845	1,368	226.95
Total Liabilities & Equity	8,387	8,823	8,869	9,218	9,648	8,489	8,223	8,897	8,513	8,941	9,415	7,261	7,879	6,888	7,129	7,402	7,882	6,139	1,736	1,800
Total Debt	3,197	2,814	2,741	2,558	2,477	2,404	2,416	2,423	2,428	2,406	2,367	2,347	2,348	2,342	2,243	2,205	2,193	216.67	179	149.74
Net Cash (Debt)	-1,568	-476.51	84.93	1,053	1,554	1,068	800.43	1,571	1,432	2,017	2,883	631.28	1,565	999.76	2,052	3,187	4,069	4,581	379.45	660.74
Net Cash Growth	-	-	-89.39%	-32.99%	8.54%	-47.06%	-72.23%	148.85%	-8.48%	101.72%	40.51%	-80.19%	-61.56%	-78.17%	440.66%	382.32%	562.85%	1201.54%	-	-
Net Cash Per Share	-5.03	-1.58	0.30	4.00	6.36	4.63	3.48	7.14	6.88	10.41	16.16	3.66	9.24	6.00	13.20	27.81	54.96	137.29	99.83	213.33
Filing Date Shares Outstanding	327.68	324.17	307.25	305.03	303.15	301.17	231.89	230.72	230	228.94	228.27	183.34	182.96	168.04	167.28	166.78	165.33	164.64	13.92	13.5
Total Common Shares Outstanding	327.37	324.16	307.23	304.88	303.14	233.75	231.87	230.69	229.93	228.93	228.23	183.34	182.93	168.01	167.25	166.67	164.76	164.16	13.92	13.5
Working Capital	663.52	1,695	2,417	3,092	3,709	3,101	2,991	3,797	3,749	4,354	5,371	3,105	3,974	3,331	4,312	5,352	6,111	4,717	482.67	609.53
Book Value Per Share	2.19	5.55	7.84	10.44	12.78	11.48	15.16	18.35	21.10	23.61	26.11	19.81	23.78	19.23	22.18	22.98	23.73	29.51	-321.11	-313.22
Tangible Book Value	717.29	1,800	2,408	3,184	3,873	2,684	3,516	4,232	4,852	5,406	5,960	3,632	4,350	3,231	3,710	3,829	3,909	4,845	-4,469	-4,228
Tangible Book Value Per Share	2.19	5.55	7.84	10.44	12.78	11.48	15.16	18.35	21.10	23.61	26.11	19.81	23.78	19.23	22.18	22.98	23.73	29.51	-321.11	-313.22
Land	70.97	70.97	70.97	70.97	70.97	70.97	69.72	69.72	69.72	69.72	68.37	64.68	64.68	64.68	33.3	1.05	1.05	1.05	1.05	1.05
Buildings	1,099	1,088	1,087	1,075	1,075	888.63	662.4	602.77	576.1	564.58	251.35	250.4	197.41	197.25	197.25	197.27	195.95	190.42	189.47	-
Machinery	2,562	2,464	2,358	2,210	1,877	1,517	1,234	1,205	1,165	1,071	894.42	858.48	819.71	768.44	748.94	704.89	645.11	516.88	63.86	55.9
Construction In Progress	970.96	762.47	579.87	492.27	672.53	1,103	1,400	1,335	1,185	1,094	1,333	1,176	1,077	882.89	626.29	389.23	276.92	208.33	588.06	692.88
Leasehold Improvements	304.61	288.03	277.57	271.16	268.09	253.66	242.3	235.27	221.62	213.11	207.57	199.31	182.9	163.47	160.71	144.46	135.53	89.11	72.52	61.66

Updated Feb 24, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q