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Lucid Group, Inc. LCID Business Segments — R&D
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Where this comes from
Reported directly by Lucid Group, Inc. in its filing.
Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.
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 item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| 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) | — |
| Change in fair value of common stock warrant liability | — | 12,861 |
| Change in fair value of equity securities | (10,221) | (13,453) |
Item 1. Condensed Consolidated Financial Statements (Unaudited)
FAQ
- 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.
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