Lucid Group, Inc.
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Financial Performance
Revenue
$1.354B
Market Cap
$7.1B
Employees
6,500
Lucid is fighting a desperate, brutal battle for survival in the severely contracting global EV market, entirely dependent on financial lifelines from Saudi Arabia's Public Investment Fund. Under CEO Peter Rawlinson, the ultra-luxury EV maker generated exactly $1.2 billion in revenue and maintains a speculative $7.1 billion market cap with exactly 6500 employees. The financial narrative in 2026 is defined by catastrophic cash burn; despite manufacturing the longest-range, most technologically advanced EVs on the market (the Gravity SUV) Lucid is frantically attempting to cut production costs while begging for billions to survive punishing price wars initiated by Tesla.
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.
Lucid Group, Inc. reported approximately $1.2B in fiscal year 2025 with a team of 6,500 employees worldwide.
Lucid Group, Inc. strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Electric Vehicles and Automotive Technology is driven by steady cash generation and pricing power, enabling Lucid Group, Inc. to reinvest in high-return strategic initiatives.
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>