Lucid Group, Inc. financials

Key figures from Lucid Group, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJun 2026Jun 2025Change
Revenue$405M$259M+56.2%
Net income-$1.0B-$539M-91.8%
Free cash flow-$1.5B-$1.0B-45.7%
Gross margin-105.3%-105.0%-0.3 pts
Operating margin-267.0%-309.5%+42.6 pts
Net margin-255.3%-207.9%-47.4 pts

Quarterly trend

Revenue by quarter
$138MSep 2023$157MDec 2023*$173MMar 2024$201MJun 2024$200MSep 2024$234MDec 2024*$235MMar 2025$259MJun 2025$337MSep 2025$523MDec 2025*$282MMar 2026$405MJun 2026
Net income by quarter
-$631MSep 2023-$654MDec 2023*-$681MMar 2024-$643MJun 2024-$992MSep 2024-$397MDec 2024*-$366MMar 2025-$539MJun 2025-$978MSep 2025-$814MDec 2025*-$1.0BMar 2026-$1.0BJun 2026
Free cash flow by quarter
-$706MSep 2023-$747MDec 2023*-$715MMar 2024-$741MJun 2024-$622MSep 2024-$825MDec 2024*-$590MMar 2025-$1.0BJun 2025-$955MSep 2025-$1.2BDec 2025*-$1.4BMar 2026-$1.5BJun 2026
Margins by quarter
-616%-314%-11%Sep 2023Dec 2023*Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 2026-240.8%-160.9%-134.3%-134.5%-106.2%-89.0%-97.2%-105.0%-99.1%-80.7%-110.4%-105.3%-546.3%-468.9%-422.6%-392.6%-385.2%-312.6%-294.4%-309.5%-279.9%-203.7%-350.3%-267.0%-457.8%-416.0%-394.2%-320.8%-496.1%-169.4%-155.8%-207.9%-290.7%-155.7%-364.1%-255.3%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$1.4B-$2.7B-199.3%-$3.8B-$12.09
FY Dec 2024$808M-$2.7B-336.0%-$2.9B-$12.52
FY Dec 2023$595M-$2.8B-475.1%-$3.4B-$13.59
FY Dec 2022$608M-$1.3B-214.5%-$3.3B-$1.51
FY Dec 2021$27M-$2.6B-9515.6%-$1.5B-$6.41

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.