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Lucid Group, Inc. LCID Standard Product Warranty Accrual
Standard Product Warranty Accrual at other companies
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Where this comes from
Reported directly by Lucid Group, Inc. in its filing.
Tagged under the XBRL concept us-gaap:StandardProductWarrantyAccrual.
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 |
|---|---|---|
| Accrued warranty - beginning of period(2) | $152,201 | $112,478 |
| Warranty costs incurred | (6,998) | (7,914) |
| Provision for warranty(1) | 19,111 | 12,312 |
| Accrued warranty - end of period(2) | $164,314 | $116,876 |
Item 1. Condensed Consolidated Financial Statements (Unaudited)
FAQ
- What is Lucid Group, Inc.'s standard product warranty accrual?
- Lucid Group, Inc. (LCID) reported standard product warranty accrual of $164.31M in Q1 2026.
- How has Lucid Group, Inc.'s standard product warranty accrual changed year-over-year?
- Lucid Group, Inc.'s standard product warranty accrual increased by 40.6% year-over-year, from $116.88M to $164.31M.
- What is the long-term trend for Lucid Group, Inc.'s standard product warranty accrual?
- Over 4 years (2021 to 2025), Lucid Group, Inc.'s standard product warranty accrual has grown at a 230.1% compound annual growth rate (CAGR), from $1.28M to $152.2M.
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