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Lucid Group, Inc. (LCID)

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Lucid Group, Inc. (LCID) reported revenue of $405 million for Q2 FY2026, the quarter ended 30 June 2026, up 56.2% on the same quarter a year earlier. Net income was -$1.0 billion, and diluted earnings per share $-3.30. The figures are the company's own, from the 10-Q it filed with the SEC on 4 August 2026.

Revenue$405 millionup 56.2%
Net income-$1.0 billion
Diluted EPS$-3.30
QuarterQ2 FY2026ended 30 June 2026

Lucid Group (LCID) in brief

Lucid Group (LCID) reported revenue of $1.4 billion for fiscal 2025, the year ended 31 December 2025, up 67.6% on the year before.
Read moreNet loss was $2.7 billion and the diluted loss per share $12.09. Revenue was $808 million in fiscal 2024, $595 million in fiscal 2023, $608 million in fiscal 2022 and $27 million in fiscal 2021. Net income in the same years was a loss of $2.7 billion, a loss of $2.8 billion, a loss of $1.3 billion and a loss of $2.6 billion. Over the twelve months to 30 June 2026, Lucid Group reported revenue of $1.5 billion and net loss of $3.9 billion. Revenue grew 220.9% a year, compounded, over the five years to fiscal 2025. Lucid Group had 394 million shares outstanding at the latest filed count. At 30 June 2026 it carried $3.3 billion of debt and $733 million of cash. At the close of 29 October 2026 the market cap of Lucid Group was $1.3 billion.

Ratios

From the filings

ROEn/a
ROCEn/a
Operating margin-263.6%
Net margin-249.2%
FCF margin-330.4%
Interest cover-27.49
Debt to equityn/a
Cash conversionn/a
Share count, last 12 months28.3%
Sales CAGR, 3 years30.6%
Profit CAGR, 3 yearsn/a
EPS, TTM-$13.69

At the close of 29 October 2026

Price$3.19
Market cap$1.3 billion
Stock P/En/a
Price to bookn/a
EV / EBITDAn/a
Dividend yieldn/a
Market cap / sales0.81
52-week high$18.02
52-week low$3.10
Price, 1 year-82.3%
Price CAGR, 3 years-57.2%
Price CAGR, 5 years-61.3%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the total debt Lucid Group, Inc. states in its own filing, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
LCIDgreeksoup.ai
Daily prices to 29 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on LCID

Dividendsno dividend in its filings for fiscal 2019 onward
Filings35 in twelve months: 25 current reports (8-K), about 9 results of operations; 9 officer or director change; 6 regulation FD disclosure; 6 other events; 4 new financial obligation
Planned insider sales4 Form 144 notices in twelve months, $4.0 million; latest 3 August 2026
Options tapeput/call 1.4 by open interest at the 29 October 2026 close; the straddle prices a 11.7% move to 6 November 2026
13F holders375 funds reported a position for the quarter to 30 June 2026; largest Public Investment Fund
Insider trading4 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest99.7 million shares short, 9.70 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 9 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue0.226.457.797.3195258149151138157173201200234235259337523282405
Cost of revenue3.3151246292492615501556470410405470413443464532670945594832
Gross profit-3.1-125-188-195-297-358-351-405-332-253-232-270-213-209-229-272-334-422-312-427
Gross margin-1331%-474%-326%-200%-152%-139%-235%-268%-241%-161%-134%-134%-106%-89%-97%-105%-99%-81%-110%-105%
R&D242164186200214221230233231243285287324280251274325361336321
SG&A252197223164177171169198190241213210234244212257283282304300
Operating income-497-486-598-559-688-750-772-838-753-737-730-787-771-733-692-803-942-1,065-989-1,082
Operating margin-214246%-1840%-1036%-575%-352%-291%-517%-555%-546%-469%-423%-393%-385%-313%-294%-310%-280%-204%-350%-267%
Interest expense0.11.37.77.27.68.17.16.73.37.87.56.78.510.311.923.725.633.941.147.8
Pre-tax income-524-1,046-81.0-220-530-473-779-764-631-654-681-643-992-397-368-542-979-812-1,028-1,034
Net income-524-1,046-81.3-220-530-473-780-764-631-654-681-643-992-397-366-539-978-814-1,028-1,035
Net margin-226036%-3962%-141%-226%-271%-183%-522%-507%-458%-416%-394%-321%-496%-169%-156%-208%-291%-156%-364%-255%
Diluted EPS-$4.30n/a-$0.50-$3.30-$4.00-$2.80-$4.30-$4.00-$2.80-$2.90-$3.00-$3.40-$4.10-$2.20-$2.40-$2.80-$3.31-$3.62-$3.46-$3.30
Operating cash flow-292-313-495-514-569-649-801-700-514-475-517-507-463-533-429-830-757-916-1,186-1,222
Capital expenditure92.8122185310290290242204193273198234160292161183199325253254
Free cash flow-384-435-680-823-860-938-1,043-904-706-747-715-741-622-825-590-1,013-955-1,242-1,439-1,476
Shares outstanding164m165m167m167m168m183m183m228m229m230m231m232m234m303m305m307m324m327m330m394m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 7 fiscal years and the trailing twelve months

FY2019 †FY2020FY2021 †FY2022FY2023FY2024 †FY2025TTM
Revenue4.64.027.16085958081,3541,547
Cost of revenue3.93.11551,6461,9361,7312,6103,041
Gross profit0.70.9-128-1,038-1,341-923-1,256-1,494
Gross margin14.5%22.8%-471.3%-170.7%-225.2%-114.3%-92.8%-96.6%
Research and development2205117508229371,1761,2111,343
Selling, general and administrative38.489.06527357979011,0341,170
Operating income-258-599-1,530-2,594-3,100-3,021-3,502-4,078
Operating margin-5619.5%-15071.1%-5645.1%-426.5%-520.7%-373.9%-258.7%-263.6%
Interest expense8.50.11.430.624.932.995.1148
Pre-tax income-277-720-2,580-1,304-2,827-2,713-2,700-3,853
Income tax0.0-0.20.00.41.01.2-2.32.6
Net income-277-719-2,580-1,304-2,828-2,714-2,698-3,856
Net margin-6042.6%-18093.1%-9515.6%-214.5%-475.1%-336.0%-199.3%-249.2%
Diluted EPS-$130.80-$284.20-$64.10-$15.10-$13.60-$12.50-$12.09-$13.69
Filing10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by product or service FY2025

FY2025Share
of the parts, latest year
Vehicle Sales From EVs1,18487.6%
Regulatory Credits96.07.1%
Sale and Leaseback Transactions70.95.2%
Vehicle Sales From EVsRegulatory CreditsSale and Leaseback Transactions
1,351FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2019 †FY2020FY2021 †FY2022FY2023FY2024 †FY2025TTM
Operating cash flow-235-570-1,058-2,226-2,490-2,020-2,932-4,081
Capital expenditure1044604211,0759118848681,031
Free cash flow-340-1,030-1,479-3,301-3,400-2,904-3,800-5,112
Free cash flow margin-7398.5%-25899.8%-5456.7%-542.8%-571.2%-359.4%-280.7%-330.4%
Cash from investing-104-460-421-3,682-947-1,2941,478763
Cash from financing6211,2917,1361,3473,0713,5508872,327
Depreciation and amortisation3.810.2n/a187234295451481
Share-based compensation7.74.6517424257286271295
Buybacks0.00.020.70.00.0n/an/an/a
Diluted shares, weighted2m2m74m169m208m245m313m382m
Shares outstanding at period end2m3m165m183m230m303m327m394m
Filing10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2019 †FY2020FY2021 †FY2022FY2023FY2024 †FY2025TTM
Funded by
Shareholders' equity-621-1,3193,9094,3504,8523,873717-1,058
Redeemable equity1,0742,4940.00.00.01,3002,2832,906
Short-term borrowingsn/a1.00.09.672.5n/an/an/a
Debt1.80.01,9871,9921,9972,1292,7183,254
Operating lease liabilitiesn/a0.0185244244230225228
Finance lease liabilities0.20.06.181.377.776.1105103
Other liabilities1252261,7941,2031,2702,0412,3382,266
Total liabilities and equity5801,4037,8827,8798,5139,6488,3877,699
Owned
Fixed assets143713n/an/an/an/an/an/a
Investments0.50.50.02,7072,9513,4741,14342.9
Cash and equivalents3806146,2631,7361,3701,607998733
Receivables0.40.33.119.551.8112177223
Inventory0.71.01278346964081,1101,379
Other assets55.573.21,4882,5823,4444,0474,9595,322
Total assets5801,4037,8827,8798,5139,6488,3877,699
Filing10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a220.9%30.6%66.5%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/a-120.1%-168.2%-376.1%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Lucid Group's revenue in fiscal 2025?

Lucid Group (LCID) reported revenue of $1.4 billion for fiscal 2025, the year ended 31 December 2025, up 67.6% on the year before.

How much did Lucid Group earn in fiscal 2025?

Net loss was $2.7 billion for fiscal 2025, and the diluted loss per share $12.09.

What is Lucid Group's market cap?

The market cap of Lucid Group was $1.3 billion at the close of 29 October 2026.

How much debt does Lucid Group have?

At 30 June 2026 Lucid Group carried $3.3 billion of debt and $733 million of cash.

Peers: Automobiles and Trucks

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Tesla, Inc. TSLA$1.59 trillion443.233.6%3.3%8.3%0.11n/a
Toyota Motor Corp. TM *$232.8 billion10.449.6%7.4%5.5%1.083.5%
General Motors Co. GM$72.8 billion19.666.3%2.3%-0.3%2.050.7%
Ferrari N.V. RACE *$70.9 billion39.8540.9%29.5%7.0%0.740.8%
Paccar Inc. PCAR$53.9 billion19.4913.2%n/a-1.5%0.712.7%
Ford Motor Co. F$50.3 billionn/a-21.1%-3.8%-1.4%4.424.9%
Honda Motor Co. Ltd. HMC *$44.0 billionn/a-3.6%-1.9%0.5%1.144.3%
Rivian Automotive, Inc. RIVN$16.7 billionn/a-52.0%-52.9%11.1%0.78n/a
Stellantis N.V. STLA *$13.6 billionn/a-41.8%-17.1%-2.1%0.8616.2%
Li Auto Inc. LI *$11.3 billion68.741.5%-0.5%-22.3%0.13n/a
XPeng Inc. XPEV *$8.8 billionn/a-3.8%-3.6%87.7%0.42n/a
Oshkosh Corp. OSK$8.3 billion17.0611.0%6.8%4.2%0.241.6%
All 46 in Automobiles and Trucks
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Tesla, Inc. TSLA$1.59 trillion443.233.6%3.3%8.3%0.11n/a
Toyota Motor Corp. TM *$232.8 billion10.449.6%7.4%5.5%1.083.5%
General Motors Co. GM$72.8 billion19.666.3%2.3%-0.3%2.050.7%
Ferrari N.V. RACE *$70.9 billion39.8540.9%29.5%7.0%0.740.8%
Paccar Inc. PCAR$53.9 billion19.4913.2%n/a-1.5%0.712.7%
Ford Motor Co. F$50.3 billionn/a-21.1%-3.8%-1.4%4.424.9%
Honda Motor Co. Ltd. HMC *$44.0 billionn/a-3.6%-1.9%0.5%1.144.3%
Rivian Automotive, Inc. RIVN$16.7 billionn/a-52.0%-52.9%11.1%0.78n/a
Stellantis N.V. STLA *$13.6 billionn/a-41.8%-17.1%-2.1%0.8616.2%
Li Auto Inc. LI *$11.3 billion68.741.5%-0.5%-22.3%0.13n/a
Borgwarner Inc. BWA$10.7 billion22.688.4%5.4%0.4%0.531.3%
Aptiv plc APTV$9.3 billion41.922.5%5.3%-5.4%0.61n/a
Allison Transmission Holdings Inc. ALSN$9.1 billion17.5026.7%19.6%37.6%2.071.0%
XPeng Inc. XPEV *$8.8 billionn/a-3.8%-3.6%87.7%0.42n/a
Autoliv Inc. ALV$8.4 billion14.0325.3%9.1%4.3%0.793.0%
Oshkosh Corp. OSK$8.3 billion17.0611.0%6.8%4.2%0.241.6%
NIO Inc. NIO *$8.2 billionn/a-374.3%-16.0%33.1%3.36n/a
Modine Manufacturing Co. MOD$7.4 billion52.2112.0%10.1%29.5%0.44n/a
Federal Signal Corp. FSS$7.0 billion23.9018.8%16.2%24.0%0.270.5%
Terex Corp. TEX$6.4 billion28.574.0%5.7%40.1%0.521.2%
Lear Corp. LEA$5.8 billion10.9310.7%3.7%3.5%0.532.6%
Gentex Corp. GNTX$4.3 billion10.7116.0%19.3%10.1%0.002.4%
Garrett Motion Inc. GTX$4.2 billion11.52n/an/a6.9%n/a1.4%
Dorman Products, Inc. DORM$4.0 billion19.9112.9%13.3%2.2%0.28n/a
Thor Industries Inc. THO$3.8 billion21.714.2%n/a0.3%0.222.8%
Atmus Filtration Technologies Inc. ATMU$3.8 billion17.7947.3%17.2%13.1%2.200.5%
Polaris Inc. PII$3.4 billionn/a-24.4%-1.8%9.5%1.934.5%
Versigent plc VGNT$3.0 billionn/an/an/an/a26.16n/a
Dana Inc. DAN$2.7 billion2.4758.1%n/a3.7%0.701.8%
Patrick Industries Inc. PATK$2.4 billion17.8213.0%6.7%3.2%1.25n/a
LCI Industries LCII$2.4 billion11.5114.8%7.5%4.1%0.604.6%
Phinia Inc. PHIN$2.2 billion12.3012.4%8.3%5.6%0.721.9%
Visteon Corp. VC$1.8 billion12.6211.3%n/a1.9%0.230.5%
Blue Bird Corp. BLBD$1.8 billion6.8543.0%11.8%13.5%0.13n/a
Adient plc ADNT$1.3 billion28.902.8%n/a5.0%1.38n/a
Goodyear Tire & Rubber Co. GT$1.3 billionn/an/an/a-4.3%2.530.0%
Lucid Group, Inc. LCID$1.3 billionn/an/a-263.6%66.5%n/an/a
Dauch Corp. DCH$1.2 billionn/a-11.0%1.0%41.0%3.39n/a
Gentherm Inc. THRM$990 million107.401.3%3.4%8.8%0.44n/a
Winnebago Industries Inc. WGO$859 million24.962.8%2.4%-3.4%0.364.7%
Standard Motor Products, Inc. SMP$854 million17.067.1%8.4%11.3%0.823.3%
Aeva Technologies, Inc. AEVA$684 millionn/a-117.8%-610.9%56.2%3.52n/a
Hyliion Holdings Corp. HYLN$612 millionn/a-30.8%-635.2%163.2%0.00n/a
Miller Industries Inc. MLR$591 million41.963.4%n/a-20.9%0.011.6%
Wabash National Corp. WNC$541 millionn/a-51.2%-10.4%-7.3%2.032.4%
Hyster-Yale, Inc. HY$525 millionn/a-30.0%-2.3%-11.1%1.284.9%
14 companies share its SEC industry code (Motor Vehicles & Passenger Car Bodies); the rest are the names nearest in size in its wider industry, Automobiles and Trucks, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20264 August 2026EDGAR
10-Q31 March 20265 May 2026EDGAR
10-K31 December 202524 February 2026EDGAR
10-Q30 September 20255 November 2025EDGAR
10-Q30 June 20255 August 2025EDGAR
10-Q31 March 20256 May 2025EDGAR
10-K31 December 202425 February 2025EDGAR
10-Q30 September 20247 November 2024EDGAR
10-Q30 June 20245 August 2024EDGAR
10-Q31 March 20246 May 2024EDGAR