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Lucid Group, Inc. LCID Business Segments — R&D

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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$2.01B-57.4%

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:ResearchAndDevelopmentExpense.

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 — R&D?
Lucid Group, Inc. (LCID) reported business segments — R&D of $335.67M in Q1 2026.
How has Lucid Group, Inc.'s business segments — R&D changed year-over-year?
Lucid Group, Inc.'s business segments — R&D increased by 33.6% year-over-year, from $251.25M to $335.67M.
What is the long-term trend for Lucid Group, Inc.'s business segments — R&D?
Over 3 years (2022 to 2025), Lucid Group, Inc.'s business segments — R&D has grown at a 13.8% compound annual growth rate (CAGR), from $821.51M to $1.21B.
What does business segments — R&D mean?
These are the costs incurred by the segment to design, develop, and improve electric vehicle technologies, powertrains, and battery systems. High investment in this area is critical for maintaining technological differentiation and long-term product competitiveness.