For the quarter ending 2026-03-31, LCID made $282,465K in revenue. -$1,134,306K in net income. Net profit margin of -401.57%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue (including 38,370 and 5,096 from a related party for the three months ended march31, 2026 and 2025, respectively) | 282,465 | 522,730 | 336,580 | 259,432 |
| Cost of revenue | 594,170 | 944,636 | 670,197 | 531,783 |
| Research and development | 335,670 | 361,007 | 325,305 | 273,839 |
| Selling, general and administrative | 304,176 | 281,841 | 283,097 | 256,857 |
| Restructuring charges | - | 0 | 0 | 0 |
| Workforce reduction charges | 37,934 | - | - | - |
| Total cost and expenses | 1,271,950 | 1,587,484 | 1,278,599 | 1,062,479 |
| Loss from operations | -989,485 | -1,064,754 | -942,019 | -803,047 |
| 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 |
| Loss on extinguishment of debt | - | 5,405 | 0 | 116,360 |
| Interest income | 13,104 | 25,273 | 34,643 | 44,318 |
| Interest expense (including 11,309 and 3,700 to a related party for the three months ended march31, 2026 and 2025, respectively) | 41,073 | 33,898 | 25,571 | 23,749 |
| Other income (expense), net | -7,867 | -4,400 | -10,829 | 3,572 |
| Total other income (expense), net | -38,682 | 252,496 | -36,772 | 261,246 |
| Loss before provision for (benefit from) income taxes | -1,028,167 | -812,258 | -978,791 | -541,801 |
| Provision for (benefit from) income taxes | 177 | 1,762 | -363 | -2,369 |
| Net loss | -1,028,344 | -814,020 | -978,428 | -539,432 |
| Accretion of redeemable convertible preferred stock (related party) | 105,962 | 793,178 | 56,121 | 199,823 |
| Net loss attributable to common stockholders, basic | - | -1,607,198* | -1,034,549 | -739,255 |
| Interest expense on 2026 notes | - | 13,846* | 0 | 309 |
| Loss on extinguishment of debt | - | 52,775* | 0 | -116,360 |
| Net loss attributable to common stockholders, diluted | -1,134,306 | -1,540,578 | -1,034,549 | -855,306 |
| Basic EPS | -3.46 | -4.943 | -3.31 | -0.24 |
| Diluted EPS | -3.46 | -4.916 | -3.31 | -0.28 |
| Basic Average Shares | 328,285,861 | 311,680,046* | 312,166,297 | 3,056,404,834 |
| Diluted Average Shares | 328,285,861 | 313,400,136* | 312,166,297 | 3,057,882,724 |
Lucid Group, Inc. (LCID)
Lucid Group, Inc. (LCID)