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Lucid Group, Inc. LCID Business Segments — Net loss

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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:NetIncomeLoss.

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
Total other income (expense), net(38,682)324,399
Loss before provision for (benefit from) income taxes(1,028,167)(367,534)
Provision for (benefit from) income taxes177(1,363)
Net loss(1,028,344)(366,171)
Accretion of redeemable convertible preferred stock (related party)(105,962)(364,925)
Net loss attributable to common stockholders, basic and diluted$(1,134,306)$(731,096)
Weighted-average shares outstanding attributable to common stockholders, basic and diluted(1)328,285,861303,631,731
Net loss per share attributable to common stockholders, basic and diluted(1)$(3.46)$(2.41)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Lucid Group, Inc.'s business segments — net loss?
Lucid Group, Inc. (LCID) reported business segments — net loss of -$1.03B in Q1 2026.
How has Lucid Group, Inc.'s business segments — net loss changed year-over-year?
Lucid Group, Inc.'s business segments — net loss decreased by 180.8% year-over-year, from -$366.17M to -$1.03B.
What is the long-term trend for Lucid Group, Inc.'s business segments — net loss?
Over 3 years (2022 to 2025), Lucid Group, Inc.'s business segments — net loss has grown at a 27.4% compound annual growth rate (CAGR), from -$1.3B to -$2.7B.
What does business segments — net loss mean?
This metric measures the bottom-line financial performance of the business segment, representing the amount by which total expenses exceed total revenues. It serves as a primary indicator of the segment's current profitability status and its ability to generate positive returns on invested capital.

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