InsiderClue
Stocks · Consumer discretionary · Motor Vehicles & Passenger Car Bodies

Lucid Group, Inc.

LCID Clue Score45
United States Fiscal year ends December CIK 0001811210
$3.79 -0.79% Close, 9 Oct 2026
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Price $3.79 −83.43% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 18 Sep 2020. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Operating income−257.9Net income−277.4EPS, diluted−13.08Fiscal year 2020Operating income−599.2Net income−719.4EPS, diluted−28.42Fiscal year 2021Revenue27.1Operating income−1,530.4Net income−2,579.8EPS, diluted−6.41Fiscal year 2022Revenue608.2 +2,143.3%Operating income−2,594.0Net income−1,304.5EPS, diluted−1.51Fiscal year 2023Revenue595.3 −2.1%Operating income−3,099.6Net income−2,828.4EPS, diluted−13.59Fiscal year 2024Revenue807.8 +35.7%Operating income−3,020.8Net income−2,713.9EPS, diluted−12.52Fiscal year 2025Revenue1,353.8 +67.6%Operating income−3,501.8Net income−2,698.1EPS, diluted−12.09
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue n/a n/a 27.1 608.2 595.3 807.8 1,353.8
Growth +2,143.3% −2.1% +35.7% +67.6%
Operating income −257.9 −599.2 −1,530.4 −2,594.0 −3,099.6 −3,020.8 −3,501.8
Net income −277.4 −719.4 −2,579.8 −1,304.5 −2,828.4 −2,713.9 −2,698.1
Growth
EPS, diluted −13.08 −28.42 −6.41 −1.51 −13.59 −12.52 −12.09

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2019Fiscal year 2020Fiscal year 2021Operating margin−5,645.1%Net margin−9,515.6%Free cash flow margin−5,456.7%Fiscal year 2022Operating margin−426.5%Net margin−214.5%Free cash flow margin−542.8%Fiscal year 2023Operating margin−520.7%Net margin−475.1%Free cash flow margin−571.2%Fiscal year 2024Operating margin−373.9%Net margin−336.0%Free cash flow margin−359.4%Fiscal year 2025Operating margin−258.7%Net margin−199.3%Free cash flow margin−280.7%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin n/a n/a −5,645.1% −426.5% −520.7% −373.9% −258.7%
Net margin n/a n/a −9,515.6% −214.5% −475.1% −336.0% −199.3%
Free cash flow margin n/a n/a −5,456.7% −542.8% −571.2% −359.4% −280.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Operating cash flow−235.3Capital expenditure−104.3Free cash flow−339.6Buybacks0.0Fiscal year 2020Operating cash flow−570.2Capital expenditure−459.6Free cash flow−1,029.8Buybacks0.0Fiscal year 2021Operating cash flow−1,058.1Capital expenditure−421.2Free cash flow−1,479.4Buybacks−20.7Fiscal year 2022Operating cash flow−2,226.3Capital expenditure−1,074.9Free cash flow−3,301.1Buybacks0.0Fiscal year 2023Operating cash flow−2,489.8Capital expenditure−910.6Free cash flow−3,400.4Buybacks0.0Fiscal year 2024Operating cash flow−2,019.7Capital expenditure−883.8Free cash flow−2,903.5Fiscal year 2025Operating cash flow−2,931.9Capital expenditure−868.2Free cash flow−3,800.1
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −235.3 −570.2 −1,058.1 −2,226.3 −2,489.8 −2,019.7 −2,931.9
Capital expenditure −104.3 −459.6 −421.2 −1,074.9 −910.6 −883.8 −868.2
Free cash flow −339.6 −1,029.8 −1,479.4 −3,301.1 −3,400.4 −2,903.5 −3,800.1
Growth
Buybacks 0.0 0.0 −20.7 0.0 0.0 n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2019Cash379.7Shareholders’ equity−621.1Fiscal year 2020Cash614.4Total debt0.0Net cash (debt)614.4Shareholders’ equity−1,318.8Fiscal year 2021Cash6,262.9Total debt1,986.8Net cash (debt)4,276.1Shareholders’ equity3,909.4Debt to equity0.51Fiscal year 2022Cash1,735.8Total debt1,991.8Net cash (debt)−256.1Shareholders’ equity4,349.7Debt to equity0.46Fiscal year 2023Cash1,369.9Total debt1,997.0Net cash (debt)−627.0Shareholders’ equity4,851.7Debt to equity0.41Fiscal year 2024Cash1,606.9Total debt2,128.6Net cash (debt)−521.7Shareholders’ equity3,872.8Debt to equity0.55Fiscal year 2025Cash997.8Total debt2,718.3Net cash (debt)−1,720.5Shareholders’ equity717.3Debt to equity3.79
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 379.7 614.4 6,262.9 1,735.8 1,369.9 1,606.9 997.8
Total debt n/a 0.0 1,986.8 1,991.8 1,997.0 2,128.6 2,718.3
Net cash (debt) n/a 614.4 4,276.1 −256.1 −627.0 −521.7 −1,720.5
Shareholders’ equity −621.1 −1,318.8 3,909.4 4,349.7 4,851.7 3,872.8 717.3
Debt to equity n/a n/a 0.51 0.46 0.41 0.55 3.79

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021† 31 Dec 2021 FY2022† 31 Dec 2022 FY2023† 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
n/a n/a 27.1 608.2 595.3 807.8 1,353.8
Growth +2,143.3% −2.1% +35.7% +67.6%
3.9 3.1 154.9 1,646.1 1,936.1 1,730.9 2,610.2
220.2 511.1 750.2 821.5 937.0 1,176.5 1,211.4
38.4 89.0 652.5 734.6 797.2 901.0 1,034.0
−257.9 −599.2 −1,530.4 −2,594.0 −3,099.6 −3,020.8 −3,501.8
Growth
−277.3 −719.6 −2,579.7 −1,304.1 −2,827.4 −2,712.7 −2,700.4
0.0 −0.2 0.0 0.4 1.0 1.2 −2.3
−277.4 −719.4 −2,579.8 −1,304.5 −2,828.4 −2,713.9 −2,698.1
Growth
Per share
−13.08 −28.42 −6.41 −0.78 −13.59 −12.52 −11.81
−13.08 −28.42 −6.41 −1.51 −13.59 −12.52 −12.09
Growth
20.6 24.8 740.4 1,678 208.2 244.5 311.7
20.6 24.8 740.4 1,693 208.2 244.5 313.4
Growth +20.5% +2,882.3% +128.7% −87.7% +17.5% +28.2%

† The diluted share count jumps at 2021 and 2022 and 2023, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 7 of 7 years on file.