Lucid Group, Inc. LCID Electric Vehicle Purchase Agreement — Concentration risk (as a percent)
Other product segments
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Lucid Group, Inc. in its filing.
Tagged under the XBRL concept us-gaap:ConcentrationRiskPercentage1.
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
Financial instruments that potentially subject the Company to concentration of credit risk consist of cash, cash equivalents, investments, and accounts receivable. The Company places its cash primarily with domestic financial institutions that are federally insured within statutory limits; however, its deposits exceed federally insured limits. The Company invests in highly rated securities, primarily issued by the U.S. government or liquid money market funds. As of March 31, 2026 and December 31, 2025, accounts receivable from the EV purchase agreement with the Government of Saudi Arabia, a related party of the Public Investment Fund (“PIF”), which is an affiliate of Ayar, as represented by the Ministry of Finance (the “EV Purchase Agreement”), represented 72.6% and 68.0% of the total accounts receivable balance, respectively. See Note 15 “Related Party Transactions” for more information.
Item 1. Condensed Consolidated Financial Statements (Unaudited)
FAQ
- What is Lucid Group, Inc.'s electric vehicle purchase agreement — concentration risk (as a percent)?
- Lucid Group, Inc. (LCID) reported electric vehicle purchase agreement — concentration risk (as a percent) of 72.6% in Q1 2026.
- How has Lucid Group, Inc.'s electric vehicle purchase agreement — concentration risk (as a percent) changed year-over-year?
- Lucid Group, Inc.'s electric vehicle purchase agreement — concentration risk (as a percent) increased by 21.8% year-over-year, from 59.6% to 72.6%.
- What does electric vehicle purchase agreement — concentration risk (as a percent) mean?
- This metric represents the percentage of total segment revenue or contractual obligations derived from a single customer or a limited group of related parties. High concentration indicates significant dependency on specific buyers, which poses a risk to revenue stability if those relationships deteriorate. Monitoring this helps investors assess the counterparty credit risk and the diversification of the company's sales pipeline.
Ask your AI about Lucid Group, Inc.'s electric vehicle purchase agreement — concentration risk (as a percent).
Connect your AI assistant and compare segments, right in your chat.
