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Lucid Group, Inc. LCID Cost of revenue - LCNRV — Cost of revenue

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Other financials

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

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Market cap$2.75B-59.0%
Enterprise value$5.38B-29.8%
P/S1.8×-5.5×

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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Return on equity-117.6%+947pp
Debt / equity5.4×+4.8×
Current ratio1.1×-1.4×

Where this comes from

Reported directly by Lucid Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The source filing: Lucid Group, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:09 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030517
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenue$282,465$235,048
Less:
Cost of revenue - excluding LCNRV and provision for warranty(337,206)(299,612)
Cost of revenue - LCNRV(237,853)(151,636)
Cost of revenue - provision for warranty(19,111)(12,312)
Research and development expenses(335,670)(251,246)
Selling, general, and administrative expenses(304,176)(212,175)
Workforce reduction charges(37,934)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Lucid Group, Inc.'s cost of revenue - LCNRV — cost of revenue?
Lucid Group, Inc. (LCID) reported cost of revenue - LCNRV — cost of revenue of $237.85M in Q1 2026.
How has Lucid Group, Inc.'s cost of revenue - LCNRV — cost of revenue changed year-over-year?
Lucid Group, Inc.'s cost of revenue - LCNRV — cost of revenue increased by 56.9% year-over-year, from $151.64M to $237.85M.
What is the long-term trend for Lucid Group, Inc.'s cost of revenue - LCNRV — cost of revenue?
Over 3 years (2022 to 2025), Lucid Group, Inc.'s cost of revenue - LCNRV — cost of revenue has grown at a 12.7% compound annual growth rate (CAGR), from $569.48M to $815.67M.
What does cost of revenue - LCNRV — cost of revenue mean?
This metric represents the direct costs attributable to the production and delivery of goods or services within the specific business segment. It encompasses expenses such as raw materials, direct labor, and manufacturing overhead directly tied to the generation of segment revenue. Monitoring this figure is essential for evaluating the direct profitability and cost efficiency of the company's specific product lines or operational units.

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