What was Lucid Group, Inc.'s revenue in 2023?

Lucid Group, Inc. reported $583M in revenue for fiscal year 2023. This represents a +355.5% change compared to 2022.

How did Lucid Group, Inc.'s revenue change from 2022 to 2023?

Lucid Group, Inc. revenue grew from $128M in 2022 to $583M in 2023, a change of 355.5%.

Was 2023 Lucid Group, Inc.'s best revenue year?

No. Lucid Group, Inc.'s highest recorded revenue year was 2024 at $692M. In 2023, Lucid Group, Inc. reported $583M.

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

Lucid Group, Inc.'s highest ever annual revenue was $692M recorded in fiscal year 2024.

Lucid Group, Inc. Revenue in 2023: $583M | CorpDigest

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Lucid Group, Inc.

Electric Vehicles and Automotive TechnologyFounded 2007- Updated July 2025

Reviewed by Swet Parvadiya

Last reviewed: July 2025

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.

CorpDigest

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

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

Lucid Group, Inc. Revenue in 2023

Revenue by Year

Lucid Group, Inc. Annual Revenue History

Lucid Group, Inc. Revenue in 2023

Revenue by Year

Lucid Group, Inc. Annual Revenue History