Lucid Group, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-2.70B | $-2.71B | $-2.83B | $-1.30B | $-2.58B | $-719.4M | $-277.4M |
| Depreciation & Amortization | $451.2M | $295.3M | $233.5M | $186.6M | — | — | — |
| Depreciation | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — |
| Stock-Based Compensation | $271.3M | $285.9M | $257.3M | $423.5M | $516.8M | $4.6M | $7.7M |
| Net Cash from Operating Activities | $-2.93B | $-2.02B | $-2.49B | $-2.23B | $-1.06B | $-570.2M | $-235.3M |
| Investing Activities | |||||||
| Capital Expenditures | $868.2M | $883.8M | $910.6M | $1.07B | $421.2M | $459.6M | $104.3M |
| Business Acquisitions | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $1.48B | $-1.29B | $-947.0M | $-3.68B | $-420.7M | $-459.6M | $-104.3M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | $0 | $0 | $20.7M | $0 | $0 |
| Net Cash from Financing Activities | $887.3M | $3.55B | $3.07B | $1.35B | $7.14B | $1.29B | $621.4M |
| Net Change in Cash | $-566.1M | $235.5M | $-365.8M | $-4.56B | $5.66B | $260.8M | $281.8M |
| Free Cash Flow | $-3.80B | $-2.90B | $-3.40B | $-3.30B | $-1.48B | $-1.03B | $-339.6M |