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Lucid Group, Inc. LCID Workforce reduction charges

Segments

By segment

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Reportable Segment$37.93M—

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 ratio1×-2.3×

Where this comes from

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

Tagged under the XBRL concept lcid:WorkforceReductionCharges.

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

Questions, answered.

What is Lucid Group, Inc.'s workforce reduction charges?
Lucid Group, Inc. (LCID) reported workforce reduction charges of $37.93M in Q1 2026.