Lucid Group, Inc. LCID Amortization of insurance premium
Amortization of insurance premium at other companies
Other financials
Where this comes from
Reported directly by Lucid Group, Inc. in its filing.
Tagged under the XBRL concept lcid:AmortizationOfInsurancePremiums.
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 amortization of insurance premium?
- Lucid Group, Inc. (LCID) reported amortization of insurance premium of $9.3M in Q1 2026.
- How has Lucid Group, Inc.'s amortization of insurance premium changed year-over-year?
- Lucid Group, Inc.'s amortization of insurance premium increased by 4.3% year-over-year, from $8.91M to $9.3M.
- What is the long-term trend for Lucid Group, Inc.'s amortization of insurance premium?
- Over 4 years (2021 to 2025), Lucid Group, Inc.'s amortization of insurance premium has grown at a 17.7% compound annual growth rate (CAGR), from $18.47M to $35.47M.
- What does amortization of insurance premium mean?
- Reflects the systematic recognition of prepaid insurance costs as an operating expense over the coverage period. It provides insight into the company's recurring overhead costs associated with risk management and asset protection.