Lucid Group, Inc.
Explore Lucid Group
Core profile pages, annual revenue records, and related research hubs for this company.
Lucid Group, Inc.
Explore Lucid Group
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$1.354B
Market Cap
$2.2B
Employees
9,000
Lucid reported FY2025 revenue of $1.354B, cost of revenue of $2.610B, operating loss of $3.502B, and net loss of $2.698B. Deliveries reached 15,841 vehicles, up sharply from the prior year, but the company remains far from consistent profitability.
Revenue Trend Analysis
YoY Change
+67.6%
2-Year CAGR
+50.8%
Peak Year
2025
Trend
Consistent Growth
Lucid Group, Inc. has reported revenue across 3 fiscal years, compounding at +50.8% annually over 2 years. The most recent year saw a 67.6% increase versus the prior year. Revenue peaked in 2025 at $1.4B. Out of 2 reported periods, 2 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $1.4B | N/A | +67.6% |
| FY2024 | $808M | N/A | +35.7% |
| FY2023 | $595M | N/A | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
No. Lucid loses hundreds of millions of dollars every quarter. Scaling automotive manufacturing is incredibly capital-intensive, and because their production volumes are currently so low, they lose massive amounts of money on every single vehicle they build.
Lucid went public in 2021 via a SPAC (Churchill Capital Corp IV) during peak EV hype, briefly reaching a massive $80 billion valuation. When interest rates rose and they repeatedly missed their own production targets, the stock collapsed back to reality.
The Saudi Arabian Public Investment Fund (PIF) owns roughly 60% of Lucid. The PIF has repeatedly injected billions of dollars (via stock purchases and loans) into the company to prevent bankruptcy and ensure the factory stays open.
Strategic diversification. Saudi Arabia wants to pivot its economy away from oil (Vision 2030). By heavily funding Lucid, they secured a deal to build Lucid's first international manufacturing plant (AMP-2) in Saudi Arabia, creating a domestic EV industry.
The most closely watched metric by Wall Street. Because they burn roughly $1 billion per quarter, analysts constantly monitor how many quarters of cash they have left before they are forced to return to the PIF for another bailout.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Lucid Group, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/lucid/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Lucid Group, Inc. reported $1B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/lucid/financials" target="_blank" rel="noopener">CorpDigest — Lucid Group, Inc. financials</a></div>