For the quarter ending 2025-09-30, LCID made $336,580,000 in revenue. -$1,034,549,000 in net income. Net profit margin of -307.37%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue (including 34,251 and 45,588 from a related party for the three months ended september30, 2025 and 2024, and 69,594 and 133,424 for the nine months ended september30, 2025 and 2024, respectively) | 336,580,000 | 259,432,000 | - | 201,958,000 |
| Cost of revenue | 670,197,000 | 531,783,000 | - | 432,735,750 |
| Research and development | 325,305,000 | 273,839,000 | - | 294,113,250 |
| Selling, general and administrative | 283,097,000 | 256,857,000 | - | 225,238,000 |
| Restructuring charges | 0 | 0 | - | 5,076,000 |
| Total cost and expenses | 1,278,599,000 | 1,062,479,000 | - | 957,163,000 |
| Loss from operations | -942,019,000 | -803,047,000 | - | -755,205,000 |
| Change in fair value of common stock warrant liability | -444,000 | -5,322,000 | - | -8,537,500 |
| Change in fair value of equity securities of a related party | 916,000 | 3,948,000 | - | -10,764,250 |
| Change in fair value of derivative liabilities associated with redeemable convertible preferred stock (related party) | -36,375,000 | 111,475,000 | - | 38,837,500 |
| Gain on extinguishment of debt | 0 | 116,360,000 | - | - |
| Interest income | 34,643,000 | 44,318,000 | - | 53,256,500 |
| Interest expense (including 6,260 and 1,893 to a related party for the three months ended september30, 2025 and 2024, and 14,872 and 4,596 for the nine months ended september30, 2025 and 2024, respectively) | 25,571,000 | 23,749,000 | - | 8,230,750 |
| Revenue (including 5,096 and 51,366 from a related party for the three months ended march31, 2025 and 2024, respectively) | - | - | 235,048,000 | - |
| Other expense, net | -10,829,000 | 3,572,000 | - | -4,617,250 |
| Cost of revenue-Cost Of Goods Sold Excluding LCNRVAnd Warranty Provision | - | - | -299,612,000 | - |
| Total other income (expense), net | -36,772,000 | 261,246,000 | - | 77,019,250 |
| Cost of revenue-LCNRV | - | - | -151,636,000 | - |
| Loss before provision for (benefit from) income taxes | -978,791,000 | -541,801,000 | - | -678,185,750 |
| Cost of revenue-Warranty Provision | - | - | -12,312,000 | - |
| Research and development | - | - | -251,246,000 | - |
| Selling, general and administrative | - | - | -212,175,000 | - |
| Change in fair value of common stock warrant liability | - | - | 12,861,000 | - |
| Change in fair value of equity securities of a related party | - | - | -13,453,000 | - |
| Change in fair value of derivative liabilities associated with redeemable convertible preferred stock (related party) | - | - | 281,700,000 | - |
| Interest income | - | - | 52,209,000 | - |
| Interest expense (including 3,700 and 1,381 to a related party for the three months ended march31, 2025 and 2024, respectively) | - | - | -11,883,000 | - |
| Other income (expense), net | - | - | 2,965,000 | - |
| Provision for (benefit from) income taxes | -363,000 | -2,369,000 | 1,363,000 | 281,567,250 |
| Net loss | -978,428,000 | -539,432,000 | -366,171,000 | -397,218,000 |
| Accretion of redeemable convertible preferred stock (related party) | 56,121,000 | 199,823,000 | 364,925,000 | 239,686,000 |
| Net loss attributable to common stockholders, basic | -1,034,549,000 | -739,255,000 | -731,096,000 | -757,100,333.333 |
| Interest expense on 2026 notes | 0 | 309,000 | - | - |
| Gain on extinguishment of debt | 0 | -116,360,000 | - | 43,522,833.333 |
| Net loss attributable to common stockholders, diluted | -1,034,549,000 | -855,306,000 | - | -713,577,500 |
| Basic (in dollars per share) | -3.31 | -0.24 | -0.24 | -0.2 |
| Basic (in shares) | 312,166,297 | 3,056,404,834 | 3,036,317,307 | -4,491,026,171 |
| Diluted (in dollars per share) | -3.31 | -0.28 | -0.24 | -0.2 |
| Diluted (in shares) | 312,166,297 | 3,057,882,724 | 3,036,317,307 | -4,491,026,171 |
Lucid Group, Inc. (LCID)
Lucid Group, Inc. (LCID)