Lucid Group, Inc.
LCID- Exchange
- Nasdaq
- Industry
- Motor Vehicles & Passenger Car Bodies
- SEC CIK
- 0001811210
In the last 90 days, Lucid Group, Inc. insiders filed 0 open-market purchases and 3 sales; 380 institutions reported holding it in 13F filings for Q2 2026, worth $2.04B in total; superinvestors Coatue Management and Soros Fund Management hold it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 10, 2026, 1:19 AM ET
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 5, 2026 | Jan 6, 2025 | Jan 11, 2024 | Jan 12, 2023 | Feb 28, 2022 |
| Revenue | $1.35B | $807.8M | $595.3M | $608.2M | $27.1M |
| Cost of revenue | $2.61B | $1.73B | $1.94B | $1.65B | $154.9M |
| Research and development | $1.21B | $1.18B | $937.0M | $821.5M | $750.2M |
| Selling, general and administrative | $1.03B | $901.0M | $797.2M | $734.6M | $652.5M |
| Operating income | -$3.50B | -$3.02B | -$3.10B | -$2.59B | -$1.53B |
| Interest expense | – | – | $24.9M | $30.6M | $1.37M |
| Income tax | -$2.33M | $1.20M | $1.03M | $379.0K | $49.0K |
| Net income | -$2.70B | -$2.71B | -$2.83B | -$1.30B | -$2.58B |
| EPS, basic | $-11.81 | $-1.25 | $-1.36 | $-0.78 | $-6.41 |
| EPS, diluted | $-12.09 | $-1.25 | $-1.36 | $-1.51 | $-6.41 |
| Weighted shares, basic | 311.7M | 2.45B | 2.08B | 1.68B | 740.4M |
| Weighted shares, diluted | 313.4M | 2.45B | 2.08B | 1.69B | 740.4M |
| Margins and growth | |||||
| Operating margin | -258.7% | -373.9% | -520.7% | -426.5% | -5645.1% |
| Net margin | -199.3% | -336.0% | -475.1% | -214.5% | -9515.6% |
| Revenue growth, year over year | +67.6% | +35.7% | −2.1% | +2,143.3% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025! | FY2024! | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 5, 2026 | Jan 6, 2025 | Jan 11, 2024 | Jan 12, 2023 | Feb 28, 2022 |
| Cash and equivalents | $997.8M | $1.61B | $1.37B | $1.74B | $6.26B |
| Short-term investments | $631.1M | $2.42B | $2.49B | $2.18B | $0 |
| Accounts receivable | $177.2M | $112.0M | $51.8M | $19.5M | $3.15M |
| Inventory | $1.11B | $407.8M | $696.2M | $834.4M | $127.3M |
| Total current assets | $3.30B | $4.87B | $4.76B | $4.91B | $6.51B |
| Total assets | $8.39B | $9.65B | $8.51B | $7.88B | $7.88B |
| Accounts payable | $487.5M | $133.8M | $108.7M | $229.1M | $41.3M |
| Short-term debt | $671.7M | $126.4M | $72.5M | $9.60M | $15.3M |
| Total current liabilities | $2.64B | $1.17B | $1.01B | $937.6M | $396.1M |
| Long-term debt | $2.05B | $2.00B | $2.00B | $1.99B | $1.99B |
| Total liabilities | $5.39B | $4.48B | $3.66B | $3.53B | $3.97B |
| Shareholders' equity | $717.3M | $3.87B | $4.85B | $4.35B | $3.91B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 5, 2026 | Jan 6, 2025 | Jan 11, 2024 | Jan 12, 2023 | Feb 28, 2022 |
| Operating cash flow | -$2.93B | -$2.02B | -$2.49B | -$2.23B | -$1.06B |
| Capital expenditures | $868.2M | $883.8M | $910.6M | $1.07B | $421.2M |
| Free cash flow | -$3.80B | -$2.90B | -$3.40B | -$3.30B | -$1.48B |
| Depreciation and amortization | $451.2M | $295.3M | – | – | – |
| Stock-based compensation | $271.3M | $285.9M | $257.3M | $423.5M | $516.8M |
| Share buybacks | – | – | $0 | $0 | $20.7M |
| Investing cash flow | $1.48B | -$1.29B | -$947.0M | -$3.68B | -$420.7M |
| Financing cash flow | $887.3M | $3.55B | $3.07B | $1.35B | $7.14B |
| Net change in cash | -$566.1M | $235.5M | -$365.8M | -$4.56B | $5.66B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 20.0% | 35.4% | 43.2% | 69.6% | 1906.1% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 3, 2026 | 396.3M | +22.2% | SEC |
| Jul 29, 2026 | 394.1M | −87.2% | SEC |
| Apr 29, 2026 | 390.3M | −87.2% | SEC |
| Feb 18, 2026 | 327.7M | −89.2% | SEC |
| Oct 30, 2025 | 324.2M | −89.2% | SEC |
| Jul 30, 2025 | 3.07B | +32.5% | SEC |
| Apr 30, 2025 | 3.05B | +32.2% | SEC |
| Feb 19, 2025 | 3.03B | +31.8% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits. Stock splits since Dec 31, 2020, from 13F share counts: 1-for-10 in Q3 2025.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.