Was 2022 Lucid Group, Inc.'s best revenue year?

No. Lucid Group, Inc.'s highest recorded revenue year was 2025 at $1.4B. In 2022, Lucid Group, Inc. reported $128M.

What was Lucid Group, Inc.'s highest ever annual revenue?

Lucid Group, Inc.'s highest ever annual revenue was $1.4B recorded in fiscal year 2025.

Lucid Group, Inc.

Electric Vehicles and Automotive TechnologyFounded 2007

Reviewed by Swet Parvadiya

Last reviewed: July 2025

Explore Lucid Group, Inc.

Core profile pages, annual revenue records, and related research hubs for this company.

Lucid Group, Inc.

Electric Vehicles and Automotive TechnologyFounded 2007

Reviewed by Swet Parvadiya

Last reviewed: July 2025

Annual Revenue

Lucid Group, Inc. Revenue in 2022

Q: What was Lucid Group, Inc.'s revenue in 2022?

Lucid Group, Inc. reported $128M in revenue for fiscal year 2022. Lucid recorded its first meaningful revenue of $128 million in fiscal 2022 as it delivered the initial Lucid Air sedans while battling supply chain and manufacturing bottlenecks.

FY2022 Revenue

$128M

Source: Annual report / company filing

Lucid Group, Inc. reported $128M in revenue for fiscal year 2022. In 2023, revenue increased to $583M.

Lucid recorded its first meaningful revenue of $128 million in fiscal 2022 as it delivered the initial Lucid Air sedans while battling supply chain and manufacturing bottlenecks.

Revenue by Year

FY2025 FY2024 FY2023 FY2022

Lucid Group, Inc. Annual Revenue History

Year	Revenue	YoY Change
FY2025	$1.4B	+95.6%
FY2024	$692M	+18.7%
FY2023	$583M	+355.5%
FY2022	$128M	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.

Next year →

FY2023: $583M

Explore Lucid Group, Inc.

Core profile pages, annual revenue records, and related research hubs for this company.