| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -1,028,344 | -814,020 | -978,428 | -539,432 |
| Depreciation and amortization | 116,412 | 122,106 | 120,090 | 111,088 |
| Amortization of insurance premium | 9,296 | 8,446 | 9,536 | 8,571 |
| Non-cash operating lease cost | 15,162 | 14,841 | 12,928 | 11,207 |
| Stock-based compensation | 61,030 | 72,386 | 115,055 | 56,319 |
| Inventory and firm purchase commitments write-downs | 228,317 | 280,608 | 190,664 | 179,888 |
| Change in fair value of common stock warrant liability | 0 | -887 | -444 | -5,322 |
| Change in fair value of equity securities of a related party | -10,221 | -7,196 | 916 | 3,948 |
| Change in fair value of derivative liabilities associated with redeemable convertible preferred stock (related party) | 7,375 | 266,425 | -36,375 | 111,475 |
| Net accretion of investment discounts/premiums | 941 | 1,953 | 2,616 | 5,582 |
| Gain on extinguishment of debt | NaN | 5,405 | 0 | 116,360 |
| Other non-cash items | 2,805 | -10,007 | -719 | -6,582 |
| Accounts receivable (including 25,262 and 4,116 from a related party for the three months ended march31, 2026 and 2025, respectively) | -44,835 | 39,167 | 13,263 | 35,041 |
| Inventory | 576,397 | 416,471 | 446,557 | 379,573 |
| Prepaid expenses | 12,099 | 9,929 | 4,366 | 20,254 |
| Other current assets | NaN | NaN | NaN | 32,874 |
| Other noncurrent assets | NaN | NaN | NaN | 22,338 |
| Other assets | 127,445 | 22,480 | 132,786 | NaN |
| Accounts payable | -11,112 | 74,128 | 185,815 | 58,890 |
| Other current liabilities | NaN | NaN | NaN | 1,076 |
| Other long-term liabilities | NaN | NaN | NaN | 8,337 |
| Other liabilities | 95,586 | 70,611 | 236,805 | NaN |
| Net cash used in operating activities | -1,185,659 | -916,408 | -756,650 | -830,241 |
| Purchases of property, plant and equipment (including (125,211) and (56,679) from a related party for the nine months ended september30, 2025 and 2024, respectively) | NaN | NaN | 114,222 | 10,989 |
| Proceeds from maturities of investments (including 15,000 and nil from a related party for the nine months ended september30, 2025 and 2024, respectively) | NaN | NaN | 15,000 | NaN |
| Purchases of property, plant and equipment (including (47,134) and (41,993) from a related party for the three months ended march31, 2026 and 2025, respectively) | 253,167 | 325,436 | 198,818 | 182,663 |
| Proceeds from maturities of investments (including 50,000 and nil from a related party for the three months ended march31, 2026 and 2025, respectively) | 177,228 | 240,637 | 451,968 | 899,194 |
| Proceeds from sale of investments | 951,125 | 0 | NaN | NaN |
| Proceeds from government grant | NaN | 0 | NaN | NaN |
| Purchases of investments (including (30,000) and (15,000) from a related party for the nine months ended september30, 2025 and 2024, respectively) | NaN | NaN | 15,000 | 15,000 |
| Other investing activities | NaN | -86 | -1,968 | NaN |
| Purchases of investments (including nil and (30,000) from a related party for the three months ended march31, 2026 and 2025, respectively) | 0 | 0 | 0 | 22,528 |
| Net cash provided by investing activities | 875,186 | -84,713 | 255,118 | 694,003 |
| Proceeds from issuance of redeemable convertible preferred stock to a related party-Series ARedeemable Convertible Preferred Stock | NaN | 0 | 0 | 0 |
| Payments of issuance costs for redeemable convertible preferred stock-Series ARedeemable Convertible Preferred Stock | NaN | 0 | 0 | 0 |
| Proceeds from issuance of redeemable convertible preferred stock to a related party-Series BRedeemable Convertible Preferred Stock | NaN | 0 | 0 | NaN |
| Payments of issuance costs for redeemable convertible preferred stock-Series BRedeemable Convertible Preferred Stock | NaN | 0 | 0 | NaN |
| Proceeds from issuance of common stock-A2025Subscription Agreement | NaN | 0 | 300,000 | NaN |
| Payments of issuance costs for the 2025 subscription agreement-A2025Subscription Agreement | NaN | 0 | 278 | NaN |
| Proceeds from convertible debt-A2031Notes | NaN | 975,000 | NaN | NaN |
| Payment for issuance costs-A2031Notes | NaN | 11,675 | NaN | NaN |
| Proceeds from issuance of 2030 notes | NaN | NaN | 0 | 1,100,000 |
| Proceeds from convertible debt-A2030Notes | NaN | 1,100,000 | NaN | NaN |
| Payments of transaction costs and credit facility issuance costs to a related party-Nonrelated Party | NaN | NaN | 166 | 17,924 |
| Payment for issuance costs-A2030Notes | NaN | 18,090 | NaN | NaN |
| Purchase of capped call options | NaN | 0 | 0 | -118,250 |
| Repurchases of 2026 notes | NaN | 748,176 | 0 | 931,433 |
| Proceeds from issuance of common stock-A2024Underwriting Agreement | NaN | 0 | NaN | NaN |
| Proceeds from issuance of common stock-A2024Subscription Agreement | NaN | 0 | NaN | NaN |
| Proceeds from issuance of common stock-A2023Underwriting Agreement | NaN | 0 | NaN | NaN |
| Proceeds from issuance of common stock-A2023Subscription Agreement | NaN | 0 | NaN | NaN |
| Proceeds from borrowings from a related party | 35,994 | 154,619 | 79,976 | 39,989 |
| Repayment of borrowings to a related party | NaN | 0 | 0 | 0 |
| Proceeds from exercise of stock options | 2,768 | 442 | 626 | 861 |
| Proceeds from employee stock purchase plan | NaN | 10,112 | 0 | 12,696 |
| Tax withholding payments for net settlement of employee awards | 1,105 | 402 | 3,060 | 6,172 |
| Payment for finance lease liabilities | 1,212 | 1,088 | 1,046 | 822 |
| Payment for credit facility issuance costs to a related party | 0 | 9,723 | NaN | NaN |
| Payments of transaction costs and credit facility issuance costs to a related party-Related Party | NaN | NaN | 0 | 507 |
| Payments of transaction costs for the issuance of 2031 notes | 1,165 | NaN | NaN | NaN |
| Net cash provided by financing activities | 35,280 | 369,616 | 376,052 | 78,945 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | -275,193 | -631,505 | -125,480 | -57,293 |
| Beginning cash, cash equivalents, and restricted cash | 1,040,913 | -65,366 | -190,846 | -248,139 |
| Ending cash, cash equivalents, and restricted cash | 765,720 | -631,505 | -125,480 | -57,293 |
Lucid Group, Inc. (LCID)
Lucid Group, Inc. (LCID)