Lucid Group, Inc. (LCID) Financial Statements
Industry: Motor Vehicles & Passenger Car Bodies
In fiscal 2025, Lucid reported revenue of $1.35B, up 67.6% from $807.8M the year before. Net income was -$2.70B (a -199.3% net margin), or -$12.09 per diluted share. Gross margin was -92.8% and operating margin was -258.7%. Operating activities generated -$2.93B of cash, leaving -$3.80B of free cash flow. At fiscal year end, Lucid held $8.39B in total assets against $5.39B in total liabilities, including $997.8M of cash and equivalents.
Open the full interactive Lucid financials → Quarterly statements, key ratios, valuation history and price charts.
Lucid Key Stats
| Share Price | $3.36 |
|---|---|
| Market Cap | $1.28B |
| Revenue YoY Growth | +67.6% |
| 52-Week Range | $3.36 – $21.92 |
| Shares Outstanding | 382.1 million (basic, 2026 Q2) |
Lucid Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $27.1M | $608.2M | $595.3M | $807.8M | $1.35B |
| Cost of Goods Sold | $1.56B | $3.20B | $3.69B | $3.83B | $4.86B |
| Gross Profit | -$127.8M | -$1.04B | -$1.34B | -$923.1M | -$1.26B |
| Operating Income | -$1.53B | -$2.59B | -$3.10B | -$3.02B | -$3.50B |
| Pre-Tax Income | -$2.58B | -$1.30B | -$2.83B | -$2.71B | -$2.70B |
| Income Tax | $49,000 | $379,000 | $1.0M | $1.2M | -$2.3M |
| Net Income | -$2.58B | -$1.30B | -$2.83B | -$2.71B | -$2.70B |
| Diluted EPS | -$64.10 | -$15.10 | -$13.60 | -$12.50 | -$12.09 |
Lucid Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $336.6M | $522.7M | $282.5M | $405.3M |
| Net Income | -$978.4M | -$814.0M | -$1.03B | -$1.03B |
| Diluted EPS | -$3.31 | -$2.60 | -$3.46 | -$3.30 |
Lucid Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $6.26B | $1.74B | $1.37B | $1.61B | $997.8M |
| Current Assets | $6.51B | $4.91B | $4.76B | $4.87B | $3.30B |
| Total Assets | $7.88B | $7.88B | $8.51B | $9.65B | $8.39B |
| Current Liabilities | $396.1M | $937.6M | $1.01B | $1.17B | $2.64B |
| Total Long-Term Debt | $1.99B | $1.99B | $2.00B | $2.00B | $2.72B |
| Total Liabilities | $3.97B | $3.53B | $3.66B | $4.48B | $5.39B |
| Shareholders' Equity | $3.91B | $4.35B | $4.85B | $3.87B | $717.3M |
Lucid Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$1.06B | -$2.23B | -$2.49B | -$2.02B | -$2.93B |
| Cash From Investing | -$420.7M | -$3.68B | -$947.0M | -$1.29B | $1.48B |
| Cash From Financing | $7.14B | $1.35B | $3.07B | $3.55B | $887.3M |
| Free Cash Flow | -$1.48B | -$3.30B | -$3.40B | -$2.90B | -$3.80B |
Figures from Lucid's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Lucid financials page for every line item.
Lucid Company Profile
| Ticker | LCID |
|---|---|
| Exchange | Nasdaq |
| Industry | Motor Vehicles & Passenger Car Bodies |
| Headquarters | Newark, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001811210 |
Frequently Asked Questions
What was Lucid's revenue in fiscal 2025?
Lucid (LCID) reported revenue of $1.35B for fiscal 2025.
What is Lucid's annual revenue history?
Lucid's annual revenue by fiscal year: 2021: $27.1M; 2022: $608.2M; 2023: $595.3M; 2024: $807.8M; 2025: $1.35B.
What was Lucid's net income in fiscal 2025?
Lucid reported net income of -$2.70B for fiscal 2025.
What was Lucid's earnings per share (EPS) in fiscal 2025?
Lucid's diluted EPS was -$12.09 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Lucid generate in fiscal 2025?
Lucid generated -$3.80B of free cash flow in fiscal 2025.
What was Lucid's revenue last quarter?
In its most recent reported quarter (2026 Q2), Lucid reported revenue of $405.3M.
How much debt does Lucid have?
Lucid reported $2.72B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Lucid are outstanding?
Lucid reported a weighted average of 382.1 million basic shares outstanding in 2026 Q2.
What is Lucid's market cap?
Based on its latest closing price, Lucid (LCID) has a market capitalization of about $1.28B.
When does Lucid's fiscal year end?
Lucid's fiscal year end, as registered with the SEC, is December 31.
Where is Lucid headquartered?
Lucid lists its business address in Newark, California in its SEC filings.