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Lucid Group, Inc. LCID Q2 2026 earnings

Reported August 4, 2026 · After market close

Revenue$405.3MBeat by $23.8M
EPS-$3.30Miss by $0.89
Revenue estimate$381.6M
EPS estimate-$2.41
“Lucid has leading technology, compelling products and deeply committed people, but potential is not performance. We are going back to basics, with a clear focus on cash, customers, and culture. We are focused on delivering on our four must win priorities, including our $1.4 billion cash flow improvement plan and the advancement of our Robotaxi, AMP-2, and Midsize programs, which will establish a strong foundation for Lucid's next chapter.”
Silvio Napoli

Earnings data and commentary were extracted with AI from company filings and may contain errors. Verify important details in the filing.

Next report

Nov 4, 2026 (in a month)
Revenue estimate$468.6M
EPS estimate-$2.31

Financials

Q2 2026

Income statement

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Revenue$405.3M+56.2%
Gross profit-$426.7M-56.7%
Operating income-$1.1B-34.8%
Net income-$1.0B-91.8%
EPS (diluted)-$3.30-1,079%

Balance sheet

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Cash & equivalents$732.6M-59.2%
Total debt$3.4B+22.6%
Total equity-$1.1B-144%
Total assets$7.7B-13.2%

Cash flow

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Operating cash flow-$1.2B-47.2%
CapEx$253.8M+39.0%
Free cash flow-$1.5B-45.7%

Valuation & ratios

Valuation

as of 10/02/26
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Market cap$1.65B-77.7%
Enterprise value$4.28B-49.9%
P/S1.1×-5.9×

Profitability

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Gross margin-96.6%-2.6pp
Operating margin-263.6%-40.8pp
Net margin-249.2%+2.2pp
FCF margin-330.4%+2.1pp

Returns & leverage

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Current ratio1.1×-1.4×

FAQ

When did Lucid Group, Inc. report Q2 2026 earnings?
Lucid Group, Inc. (LCID) reported Q2 2026 earnings on August 4, 2026 after market close.
What were Lucid Group, Inc.'s Q2 2026 revenue and EPS?
Lucid Group, Inc. reported revenue of $405.3M and eps of $-3.30 for Q2 2026.
Did Lucid Group, Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $381.6M by $23.8M. EPS missed the consensus estimate of $-2.41 by $0.89.
How did Lucid Group, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 56.2% from $259.4M a year earlier and eps declined 17.9% from $-2.80.
Where can I find Lucid Group, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-052548) and the 10-Q periodic report (0001628280-26-052606) directly on SEC EDGAR. The filing index links above go to sec.gov.