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Lucid Group, Inc. LCID Operating margin

Operating margin at other companies

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Tesla, Inc.TSLA
5%-1.6pp
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Rivian Automotive, Inc.RIVN
-68.9%-6.6pp
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Aeva TechnologiesAEVA
-630.9%-229pp
General Motors logo
General MotorsGM
4.3%-2.4pp
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AptivAPTV
5.4%-4.1pp
Group 1 Automotive logo
Group 1 AutomotiveGPI
3.3%-1.0pp

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$2.03B-57.4%
Enterprise value$5.14B-22.5%
P/S1.5×-4.0×

Profitability

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Gross margin-95.6%-8.3pp
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

Calculated from Lucid Group, Inc.’s reported figures.

Based on trailing twelve months.

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 operating margin?
Lucid Group, Inc. (LCID) reported operating margin of -271.1% in Q1 2026.
How has Lucid Group, Inc.'s operating margin changed year-over-year?
Lucid Group, Inc.'s operating margin increased by 20.9% year-over-year, from -342.8% to -271.1%.
What is the long-term trend for Lucid Group, Inc.'s operating margin?
Over 4 years (2021 to 2025), Lucid Group, Inc.'s operating margin has grown at a -53.7% compound annual growth rate (CAGR), from -5,645.1% to -258.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.