LCID

Updated: Mar 12, 2026 11:30 AM

Lucid Group Inc

Market Cap: $3.70B P/S: 11x Ownership — Insider: 5.2% | Institutional: 72.3% | Retail: 22.5% CONSUMER CYCLICAL AUTO MANUFACTURERS

None

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        6/6 dates (100%)
  ✅ grossProfit                         6/6 dates (100%)
  ✅ netIncome                           6/6 dates (100%)

Plot for LCID (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -2.83B                    -1.41B                     0.00B                     1.41B                     2.83B
               |                         |                         |                         |                         |

  2019-12-31 |                                                |  -0.28B
  2020-12-31 |                                        |  -0.72B
  2021-12-31 |      |  -2.58B
  2022-12-31 |                             |  -1.30B
  2023-12-31 | |  -2.83B
  2024-12-31 |   |  -2.71B

               |                         |                         |                         |                         |
               -2.83B                    -1.41B                     0.00B                     1.41B                     2.83B

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              6/6 dates (100%)
  ✅ sellingGeneralAndAdministrative     6/6 dates (100%)
  ✅ costofGoodsAndServicesSold          6/6 dates (100%)

Plot for LCID (in B)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     0.48B                     0.97B                     1.45B                     1.94B
               |                         |                         |                         |                         |

  2019-12-31 |  0.22B
  2020-12-31 |  0.51B
  2021-12-31 |  0.75B
  2022-12-31 |  1.65B
  2023-12-31 |  1.94B
  2024-12-31 |  1.73B

               |                         |                         |                         |                         |
               0.00B                     0.48B                     0.97B                     1.45B                     1.94B

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         6/6 dates (100%)
  ✅ shortLongTermDebtTotal              6/6 dates (100%)
  ✅ operatingCashflow                   6/6 dates (100%)

Plot for LCID (in B)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -6.26B                    -3.13B                     0.00B                     3.13B                     6.26B
               |                         |                         |                         |                         |

  2019-12-31 |                                                   |  0.35B
  2020-12-31 |                                                |  0.61B
  2021-12-31 |                                            | 6.26B
  2022-12-31 |                                   |  2.35B
  2023-12-31 |                                |  -2.49B
  2024-12-31 |                                    |  2.48B

               |                         |                         |                         |                         |
               -6.26B                    -3.13B                     0.00B                     3.13B                     6.26B

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   6/6 dates (100%)
  ✅ capitalExpenditures                 6/6 dates (100%)

Plot for LCID (in B)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -2.49B                    -1.24B                     0.00B                     1.24B                     2.49B
               |                         |                         |                         |                         |

  2019-12-31 |                                                |  -0.24B
  2020-12-31 |                                         |  -0.57B
  2021-12-31 |                               |  -1.06B
  2022-12-31 |       |  -2.23B
  2023-12-31 | |  -2.49B
  2024-12-31 |           |  -2.02B

               |                         |                         |                         |                         |
               -2.49B                    -1.24B                     0.00B                     1.24B                     2.49B

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         6/6 dates (100%)
  ✅ totalLiabilities                    6/6 dates (100%)
  ✅ totalShareholderEquity              6/6 dates (100%)

Plot for LCID (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -9.65B                    -4.82B                     0.00B                     4.82B                     9.65B
               |                         |                         |                         |                         |

  2019-12-31 |                                                     |  0.58B
  2020-12-31 |                                              |  2.72B
  2021-12-31 |                                                     |  7.88B
  2022-12-31 |                                                     |  7.88B
  2023-12-31 |                                                     |  8.51B
  2024-12-31 |                                                     | 9.65B

               |                         |                         |                         |                         |
               -9.65B                    -4.82B                     0.00B                     4.82B                     9.65B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           6/6 dates (100%)
  ✅ shortLongTermDebtTotal              6/6 dates (100%)
  ✅ totalShareholderEquity              6/6 dates (100%)

Plot for LCID (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -4.85B                    -2.43B                     0.00B                     2.43B                     4.85B
               |                         |                         |                         |                         |

  2019-12-31 |                                                  |  0.45B
  2020-12-31 |                                       |  -1.32B
  2021-12-31 |                         |  3.91B
  2022-12-31 |                                       |  4.35B
  2023-12-31 |                       | 4.85B
  2024-12-31 |                        |  3.87B

               |                         |                         |                         |                         |
               -4.85B                    -2.43B                     0.00B                     2.43B                     4.85B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        23/23 dates (100%)
  ✅ grossProfit                         23/23 dates (100%)
  ✅ netIncome                           23/23 dates (100%)

Plot for LCID (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -1.05B                    -0.52B                     0.00B                     0.52B                     1.05B
               |                         |                         |                         |                         |

  2020-03-31 |                                               |  -0.13B
  2020-06-30 |                                               |  -0.12B
  2020-09-30 |                                             |  -0.16B
  2020-12-31 |                                      |  -0.31B
  2021-03-31 |                |  -0.75B
  2021-06-30 |                                        |  -0.26B
  2021-09-30 |                           |  -0.52B
  2021-12-31 | |  -1.05B
  2022-03-31 |                                            |  -0.19B
  2022-06-30 |                                          |  -0.22B
  2022-09-30 |                           |  -0.53B
  2022-12-31 |                             |  -0.47B
  2023-03-31 |              |  -0.78B
  2023-06-30 |               |  -0.76B
  2023-09-30 |                      |  -0.63B
  2023-12-31 |                    |  -0.65B
  2024-03-31 |                   |  -0.68B
  2024-06-30 |                     |  -0.64B
  2024-09-30 |    |  -0.99B
  2024-12-31 |                                 |  -0.40B
  2025-03-31 |                                   |  -0.37B
  2025-06-30 |                          |  -0.54B
  2025-09-30 |    |  -0.98B

               |                         |                         |                         |                         |
               -1.05B                    -0.52B                     0.00B                     0.52B                     1.05B

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              23/23 dates (100%)
  ⚠️  sellingGeneralAndAdministrative     21/23 dates (91%)
  ⚠️  costofGoodsAndServicesSold          22/23 dates (96%)

Plot for LCID (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                    167.55M                   335.10M                   502.65M                   670.20M
               |                         |                         |                         |                         |

  2020-03-31 |  109.76M ⊗⊗
  2020-06-30 |  97.94M ⊗
  2020-09-30 |  133.89M
  2020-12-31 |  169.52M
  2021-03-31 |  167.37M
  2021-06-30 |  176.80M
  2021-09-30 |  251.55M
  2021-12-31 |  197.00M
  2022-03-31 |  245.97M
  2022-06-30 |  292.34M
  2022-09-30 |  492.48M
  2022-12-31 |  615.29M
  2023-03-31 |  500.52M
  2023-06-30 |  555.80M
  2023-09-30 |  469.72M
  2023-12-31 |  410.01M
  2024-03-31 |  404.80M
  2024-06-30 |  470.36M
  2024-09-30 |  412.54M
  2024-12-31 |  443.25M
  2025-03-31 |  463.56M
  2025-06-30 |  531.78M
  2025-09-30 |  670.20M

               |                         |                         |                         |                         |
               0.00M                    167.55M                   335.10M                   502.65M                   670.20M

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         23/23 dates (100%)
  ⚠️  shortLongTermDebtTotal              21/23 dates (91%)
  ✅ operatingCashflow                   23/23 dates (100%)

Plot for LCID (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -6.26B                    -3.13B                     0.00B                     3.13B                     6.26B
               |                         |                         |                         |                         |

  2020-03-31 |                                                  | -0.35B ⊗
  2020-06-30 |                                                    |  -0.13B
  2020-09-30 |                                                    |  -0.17B ⊗
  2020-12-31 |                                                   |  0.61B
  2021-03-31 |                                                   |  0.81B
  2021-06-30 |                                                   |  -0.24B
  2021-09-30 |                                                   |  4.80B
  2021-12-31 |                                                  | 6.26B
  2022-03-31 |                                                 |  5.39B
  2022-06-30 |                                                 |  3.16B
  2022-09-30 |                                                |  2.34B
  2022-12-31 |                                                |  2.35B
  2023-03-31 |                                              |  2.35B
  2023-06-30 |                                               |  2.78B
  2023-09-30 |                                                 |  2.41B
  2023-12-31 |                                                 |  2.43B
  2024-03-31 |                                                 |  2.42B
  2024-06-30 |                                                 |  2.42B
  2024-09-30 |                                                 |  2.40B
  2024-12-31 |                                                 |  2.48B
  2025-03-31 |                                                 |  2.56B
  2025-06-30 |                                              |  2.74B
  2025-09-30 |                                               |  2.81B

               |                         |                         |                         |                         |
               -6.26B                    -3.13B                     0.00B                     3.13B                     6.26B

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   23/23 dates (100%)
  ✅ capitalExpenditures                 23/23 dates (100%)

Plot for LCID (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -847.66M                  -423.83M                    0.00M                    423.83M                   847.66M
               |                         |                         |                         |                         |

  2020-03-31 |                                                |  102.11M
  2020-06-30 |                                             |  148.99M
  2020-09-30 |                                           |  -169.16M
  2020-12-31 |                                         |  -192.79M
  2021-03-31 |                                        |  -218.73M
  2021-06-30 |                                       |  -235.08M
  2021-09-30 |                                   |  -291.60M
  2021-12-31 |                                  |  -312.73M
  2022-03-31 |                       |  -494.65M
  2022-06-30 |                     |  -513.63M
  2022-09-30 |                  |  -569.47M
  2022-12-31 |             |  -648.51M
  2023-03-31 |    |  -801.26M
  2023-06-30 |          |  -700.36M
  2023-09-30 |                     |  -513.58M
  2023-12-31 |                        |  -474.55M
  2024-03-31 |                     |  -516.75M
  2024-06-30 |                      |  -506.99M
  2024-09-30 |                         |  -462.80M
  2024-12-31 |                    |  -533.15M
  2025-03-31 |                           |  -428.61M
  2025-06-30 | |  -847.66M
  2025-09-30 |       |  -756.82M

               |                         |                         |                         |                         |
               -847.66M                  -423.83M                    0.00M                    423.83M                   847.66M

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ⚠️  totalAssets                         22/23 dates (96%)
  ✅ totalLiabilities                    23/23 dates (100%)
  ✅ totalShareholderEquity              23/23 dates (100%)

Plot for LCID (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -9.65B                    -4.82B                     0.00B                     4.82B                     9.65B
               |                         |                         |                         |                         |

  2020-03-31 |                                                   |  -0.45B ⊗
  2020-06-30 |                                                     |  0.00B
  2020-09-30 |                                                     |  2.08B
  2020-12-31 |                                              |  2.72B
  2021-03-31 |                                                     |  1.80B
  2021-06-30 |                                                     |  2.07B
  2021-09-30 |                                                     |  6.14B
  2021-12-31 |                                                     |  7.88B
  2022-03-31 |                                                     |  7.40B
  2022-06-30 |                                                     |  7.13B
  2022-09-30 |                                                     |  6.89B
  2022-12-31 |                                                     |  7.88B
  2023-03-31 |                                                     |  7.26B
  2023-06-30 |                                                     |  9.42B
  2023-09-30 |                                                     |  8.94B
  2023-12-31 |                                                     |  8.51B
  2024-03-31 |                                                     |  8.90B
  2024-06-30 |                                                     |  8.22B
  2024-09-30 |                                                     |  8.49B
  2024-12-31 |                                                     | 9.65B
  2025-03-31 |                                                     |  9.22B
  2025-06-30 |                                                     |  8.87B
  2025-09-30 |                                                     |  8.82B

               |                         |                         |                         |                         |
               -9.65B                    -4.82B                     0.00B                     4.82B                     9.65B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           23/23 dates (100%)
  ⚠️  shortLongTermDebtTotal              21/23 dates (91%)
  ✅ totalShareholderEquity              23/23 dates (100%)

Plot for LCID (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -5.96B                    -2.98B                     0.00B                     2.98B                     5.96B
               |                         |                         |                         |                         |

  2020-03-31 |                                                    |  0.45B ⊗
  2020-06-30 |                                                    |  -0.12B
  2020-09-30 |                                                    |  2.00B ⊗
  2020-12-31 |                                         |  -1.32B
  2021-03-31 |                                              |  -0.75B
  2021-06-30 |                                                   |  0.40B
  2021-09-30 |                                                |  4.85B
  2021-12-31 |                                            |  3.91B
  2022-03-31 |                                                    |  3.83B
  2022-06-30 |                                                   |  3.71B
  2022-09-30 |                                                |  3.23B
  2022-12-31 |                                                 |  4.35B
  2023-03-31 |                                              |  3.63B
  2023-06-30 |                                              | 5.96B
  2023-09-30 |                                               |  5.41B
  2023-12-31 |                                               |  4.85B
  2024-03-31 |                                               |  4.23B
  2024-06-30 |                                               |  3.52B
  2024-09-30 |                                            |  2.68B
  2024-12-31 |                                                  |  3.87B
  2025-03-31 |                                                  |  3.18B
  2025-06-30 |                                                |  2.74B
  2025-09-30 |                                            |  3.72B

               |                         |                         |                         |                         |
               -5.96B                    -2.98B                     0.00B                     2.98B                     5.96B

Price History

Volume

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