What is Lucid Group, Inc.'s construction in progress?

Lucid Group, Inc. (LCID) reported construction in progress of $1.17B in Q1 2026.

What does construction in progress mean?

Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.

Lucid Group, Inc. LCID Construction in progress

Construction in progress at other companies

CBL & Associates PropertiesCBL

$11.69M+83.2%

Vornado RealtyVNO

$946.8M+7.6%

COPT Defense PropertiesCDP

$308.42M+2.8%

Innovative Industrial Properties, Inc.IIPR

$40.31M-33.4%

WYF

WhiteFiber, Inc. Ordinary SharesWYFI

$294.32M—

Carnival CorporationCCL

$1.54B+13.4%

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 us-gaap:ConstructionInProgressGross.

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 construction in progress?: Lucid Group, Inc. (LCID) reported construction in progress of $1.17B in Q1 2026.
What does construction in progress mean?: Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.