Saturday 17 October 2026 Export LCID’s income statement to Excel — free account

Lucid Group, Inc.

LCID Consumer Cyclical Auto Manufacturers

Lucid Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 67.6% from fiscal 2024. In the quarter to June 2026, revenue grew 56.2%, EPS fell 37.5%, free cash flow fell 45.7% and total debt rose 51.5%, each against the same quarter a year earlier.

3.13 0.37 −10.57%

Follow LCID

Alert me

Market cap: $1.4B
P/E: 0.0×
Fwd P/E: −0.5×
Dividend yield: —
F-score: 3/9
Altman Z: −3.47
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.02

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	1	—	1	—	1

Insider Ownership 58.70%

Capital & Financial Ratios $m

Market Cap 1,380.00

Revenue 1,547.12

Net Income (3,855.64)

Free Cash Flow (5,112.20)

Net Debt 2,595.07

Current Ratio 1.14

Debt/Equity (3.17)

P/E ratio 0.00

Fwd P/E (0.52)

P/S ratio 0.77

P/B ratio 0.00

Past 5Y EPS Growth —

This Y EPS Growth (1.84%)

Next Y EPS Growth 39.03%

Next Y revenue growth 16.71%

Next 5Y EPS Growth 25.30%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 0.08%

10-year low 10-year high

EV/Sales against its own 10 years 0.08%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	3,860	4,031	1,629	761
Receivables	52	112	177	223
Inventory	696	408	1,110	1,379
Other	80	270	324	341
	4,757	4,874	3,300	2,777

	2023	2024	2025	Q'26
Payables	109	134	488	367
ST’ Debt	—	126	672	707
Other	891	898	1,393	1,359
	1,008	1,165	2,636	2,438

Compound Annual Growth %

	10y	5y	3y
Sales	—	220.94%	30.57%
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	0.00%	(45.16%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	282	405	—	—	—
’25	235	259	337	523	1,354
’24	173	201	200	234	808
’23	149	151	138	157	595
’22	58	97	195	258	608
’21	0	0	0	26	27
’20	—	—	0	—	4

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1,186)	(1,222)	—	—	—
’25	(429)	(830)	(757)	(916)	(2,932)
’24	(517)	(507)	(463)	(533)	(2,020)
’23	(801)	(700)	(514)	(475)	(2,490)
’22	(495)	(514)	(569)	(649)	(2,226)
’21	(219)	(235)	(292)	(313)	(1,058)
’20	—	0	(377)	(1)	(570)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1,439)	(1,476)	—	—	—
’25	(590)	(1,013)	(955)	(1,242)	(3,800)
’24	(715)	(741)	(622)	(825)	(2,904)
’23	(1,043)	(904)	(706)	(747)	(3,400)
’22	(680)	(823)	(860)	(938)	(3,301)
’21	(314)	(347)	(384)	(435)	(1,479)
’20	—	0	(733)	(1)	(1,030)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(3.46)	(3.30)	—	—	—
’25	(2.40)	(2.80)	(3.31)	(3.62)	(12.09)
’24	(3.00)	(3.40)	(4.10)	(2.20)	(12.50)
’23	(4.30)	(4.00)	(2.80)	(2.90)	(13.60)
’22	(0.50)	(1.31)	(3.13)	(2.80)	(7.70)
’21	(229.07)	(72.10)	(4.30)	(6.40)	(64.10)
’20	—	0.00	(66.41)	(0.24)	(289.77)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	96.00	100.00	61.80	36.20	19.30	10.46	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	102.50	648.60	475.90	178.10	44.30	36.40
People
People	Employees	—	—	—	—	2	3,900	7,200	6,500	6,800	9,000
	Revenue/emp, $m	—	—	—	0.00	1.99	0.01	0.08	0.09	0.12	0.15
Income, $m
Income, $m	Revenue	—	—	—	5	4	27	608	595	808	1,354
	Gross margin, %	—	—	—	14.47	22.79	(471.34)	(170.66)	(225.24)	(114.27)	(92.81)
	EBT	—	—	—	(277)	(720)	(2,580)	(1,304)	(2,827)	(2,713)	(2,700)
	EBT margin, %	—	—	—	(6,042.14)	(18,097.79)	(9,515.37)	(214.42)	(474.98)	(335.81)	(199.47)
	Net income	—	0	—	(277)	(719)	(2,580)	(1,304)	(2,828)	(2,714)	(2,698)
	Depreciation	—	—	—	7	10	81	222	273	329	487
Per share, $
Per share, $	Revenue	—	—	—	2.23	1.60	0.37	3.62	2.86	3.30	4.34
	Earnings	—	—	—	(134.67)	(289.77)	(64.10)	(7.80)	(13.60)	(12.50)	(11.81)
	Cash flow	—	—	—	(114.25)	(229.68)	(14.29)	(13.26)	(11.96)	(8.26)	(9.41)
	Capex	—	—	—	(50.64)	(185.12)	(5.69)	(6.40)	(4.37)	(3.61)	(2.79)
	Free cash flow	—	—	—	(164.89)	(414.80)	(19.98)	(19.67)	(16.33)	(11.87)	(12.19)
	Book value	—	—	—	0.00	(531.21)	52.80	25.92	23.31	15.84	2.30
	Shares, m	—	—	—	2	2	74	168	208	245	312
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	—	0.00	0.00	1,039.14	17.03	14.51	9.14	2.43
	P/B	—	—	—	18,543.75	13.94	7.21	2.38	1.78	1.91	4.59
	EV/Sales	—	—	—	0.00	0.00	882.19	14.05	11.66	6.88	3.32
	EV/FCF	—	—	—	0.00	(42.19)	(16.17)	(2.59)	(2.04)	(1.91)	(1.18)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	(235)	(570)	(1,058)	(2,226)	(2,490)	(2,020)	(2,932)
	Capex	—	—	—	(104)	(460)	(421)	(1,075)	(911)	(884)	(868)
	Free cash flow	—	—	—	(340)	(1,030)	(1,479)	(3,301)	(3,400)	(2,904)	(3,800)
Balance, $m
Balance, $m	Working capital	—	—	—	—	477	6,111	3,974	3,749	3,709	664
	Total debt	—	—	—	—	2,494	2,008	2,104	2,075	2,205	2,823
	Net debt	—	—	—	—	1,879	(4,255)	(1,809)	(1,785)	(1,826)	1,194
	Shareholders’ equity	—	—	—	—	(1,319)	3,909	4,350	4,852	3,873	717
Returns, %
Returns, %	ROA	—	—	—	0.00	(100.61)	(102.26)	(16.55)	(34.51)	(33.72)	(40.83)
	ROIC	—	—	—	0.00	(66.84)	0.00	(63.81)	(63.17)	(92.26)	(114.51)
	ROE	—	—	—	0.00	(54.49)	(366.49)	(31.59)	(61.48)	(70.18)	(160.42)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
LI Li Auto Inc. Sponsored ADR	$9.8B	— (loss-making)	— (loss-making)	−10.40% (below 0%: shrinking)	n/m	+291.23% (above 0%: growing)	11.05%	(8.96%)	Compare
NIO NIO Inc.	$8.3B	— (loss-making)	— (loss-making)	+78.50% (above 0%: growing)	n/m	+38.68% (above 0%: growing)	18.38%	(1.08%)	Compare
XPEV XPeng Inc. Sponsored ADR	$7.6B	— (loss-making)	— (loss-making)	+14.07% (above 0%: growing)	n/m	+343.05% (above 0%: growing)	20.68%	(5.79%)	Compare
VFS VinFast Auto Ltd.	$7.5B	— (loss-making)	— (loss-making)	+40.23% (above 0%: growing)	n/m	+3.73% (above 0%: growing)	(73.58%)	(98.92%)	Compare
LCID Lucid Group, Inc.	$1.4B	— (loss-making)	— (loss-making)	+56.24% (above 0%: growing)	n/m	−45.73% (below 0%: shrinking)	(105.27%)	(266.97%)
CYD China Yuchai International Limited	$988.6M	17.5×	18.0×	−32.55% (below 0%: shrinking)	−34.37% (below 0%: shrinking)	−42.48% (below 0%: shrinking)	16.92%	4.23%	Compare
PSNY Polestar Automotive Holding UK PLC	$700.5M	— (loss-making)	— (loss-making)	−36.75% (below 0%: shrinking)	n/m	−67.52% (below 0%: shrinking)	(8.93%)	(67.08%)	Compare
LOT Lotus Technology Inc. Sponsored ADR	$376.0M	— (loss-making)	— (loss-making)	−39.84% (below 0%: shrinking)	n/m	+88.53% (above 0%: growing)	10.08%	(40.47%)	Compare
LVWR LiveWire Group, Inc.	$336.9M	— (loss-making)	—	+55.20% (above 0%: growing)	n/m	+12.57% (above 0%: growing)	(0.50%)	(197.63%)	Compare
Median of peers	$4.2B	—	—	+1.83%	—	+25.63%	10.57%	(24.71%)

All 41 Auto Manufacturers stocks →

Lucid Group, Inc. (LCID) key facts

Strength: Lucid Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 67.6% from fiscal 2024.
Lucid Group, Inc. (LCID) is an Auto Manufacturers company in the Consumer Cyclical sector, listed on Nasdaq.
As of October 16, 2026, LCID traded at $3.13, a market capitalization of $1.4 billion.
Return on equity was −160.4% and debt-to-equity -3.17.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −3.47 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.