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Lucid Group, Inc. LCID Business Segments — Fair Value Adjustment of Warrants

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Other financials

Income statement

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Revenue$282.5M+20.2%
Gross profit-$311.7M-36.4%
Operating income-$989.5M-43.0%
Net income-$1.0B-181%
EPS (diluted)-$3.46-43.6%

Balance sheet

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Cash & equivalents$765.7M-58.7%
Total debt$3.9B+51.5%
Total equity-$351.4M-111%
Total assets$7.5B-18.8%

Cash flow

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Operating cash flow-$1.2B-177%
CapEx$253.2M+57.0%
Free cash flow-$1.4B-144%

Valuation

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Market cap$2.03B-57.4%
Enterprise value$5.14B-22.5%
P/S1.5×-4.0×

Profitability

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Gross margin-95.6%-8.3pp
Operating margin-271.1%-46.9pp
Net margin-239.8%-27.6pp
FCF margin-331.8%+13.5pp

Returns & leverage

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Return on equity-117.6%+947pp
Debt / equity5.4×+4.8×
Current ratio-2.3×

Where this comes from

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

Tagged under the XBRL concept us-gaap:FairValueAdjustmentOfWarrants.

The official record: Lucid Group, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lucid Group, Inc.'s business segments — fair value adjustment of warrants?
Lucid Group, Inc. (LCID) reported business segments — fair value adjustment of warrants of $0 in Q1 2026.
How has Lucid Group, Inc.'s business segments — fair value adjustment of warrants changed year-over-year?
Lucid Group, Inc.'s business segments — fair value adjustment of warrants increased by 100.0% year-over-year, from -$12.86M to $0.
What is the long-term trend for Lucid Group, Inc.'s business segments — fair value adjustment of warrants?
Over 3 years (2022 to 2025), Lucid Group, Inc.'s business segments — fair value adjustment of warrants has grown at a -75.0% compound annual growth rate (CAGR), from -$1.25B to -$19.51M.
What does business segments — fair value adjustment of warrants mean?
This represents the non-cash gain or loss resulting from the periodic revaluation of outstanding warrant liabilities. Changes in this value are driven by fluctuations in the company's stock price and volatility, impacting the reported net income without affecting cash flow.