Lucid Group, Inc.
Lucid Group, Inc. (LCID) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Lucid Group, Inc. (LCID), featuring income statements, balance sheets, and cash flow data.
Lucid Group, Inc. (LCID) Income Statement & Financial Overview
Explore comprehensive income reports for Lucid Group, Inc. LCID, broken down by year and quarter.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $235.05M | $234.47M | $200.04M | $200.58M |
| Cost of Revenue | $463.56M | $443.25M | $412.54M | $470.36M |
| Gross Profit | -$228.51M | -$208.78M | -$212.51M | -$269.77M |
| Gross Profit Ratio | -$0.97 | -$0.89 | -$1.06 | -$1.34 |
| R&D Expenses | $251.25M | $280.29M | $324.37M | $287.17M |
| SG&A Expenses | $212.18M | $243.89M | $233.59M | $210.25M |
| Operating Expenses | $463.42M | $524.17M | $558.03M | $517.64M |
| Total Costs & Expenses | $926.98M | $967.42M | $970.58M | $988.00M |
| Interest Income | $52.21M | $57.83M | $50.02M | $54.55M |
| Interest Expense | $11.88M | $10.27M | $8.48M | $6.67M |
| Depreciation & Amortization | $97.96M | $90.84M | $69.47M | $66.18M |
| EBITDA | -$691.93M | -$295.51M | -$914.04M | -$570.60M |
| EBITDA Ratio | -$2.94 | -$1.26 | -$4.57 | -$2.84 |
| Operating Income | -$691.93M | -$732.95M | -$770.54M | -$787.42M |
| Operating Income Ratio | -$2.94 | -$3.13 | -$3.85 | -$3.93 |
| Other Income/Expenses (Net) | $324.40M | $336.32M | -$221.45M | $143.96M |
| Income Before Tax | -$367.53M | -$396.63M | -$991.99M | -$643.46M |
| Income Before Tax Ratio | -$1.56 | -$1.69 | -$4.96 | -$3.21 |
| Income Tax Expense | -$1.36M | $589000.00 | $487000.00 | -$65000.00 |
| Net Income | -$366.17M | -$397.22M | -$992.48M | -$643.39M |
| Net Income Ratio | -$1.56 | -$1.69 | -$4.96 | -$3.21 |
| EPS | -$0.24 | -$0.22 | -$0.41 | -$0.34 |
| Diluted EPS | -$0.24 | -$0.22 | -$0.41 | -$0.34 |
| Weighted Avg Shares Outstanding | $3.04B | $2.84B | $2.32B | $2.31B |
| Weighted Avg Shares Outstanding (Diluted) | $3.04B | $2.84B | $2.32B | $2.31B |
The company's financials show resilient growth, with revenue advancing from $200.58M in Q2 2024 to $235.05M in Q1 2025. Gross profit remained healthy with margins at -97% in Q1 2025 compared to -134% in Q2 2024. Operating income hit -$691.93M last quarter, sustaining a consistent -294% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$691.93M. Net income rose to -$366.17M, while earnings per share reached -$0.24. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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