Lucid Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.35B | $807.8M | $595.3M | $608.2M | $27.1M | $4.0M | $4.6M |
| Cost of Revenue | $2.61B | $1.73B | $1.94B | $1.65B | $154.9M | $3.1M | $3.9M |
| Gross Profit | $-1.26B | $-923.1M | $-1.34B | $-1.04B | $-127.8M | $906.0K | $664.0K |
| Gross Margin | -92.8% | -114.3% | -225.2% | -170.7% | -471.3% | 22.8% | 14.5% |
| Operating Expenses | |||||||
| Research & Development | $1.21B | $1.18B | $937.0M | $821.5M | $750.2M | $511.1M | $220.2M |
| SG&A Expense | $1.03B | $901.0M | $797.2M | $734.6M | $652.5M | $89.0M | $38.4M |
| Operating Income | $-3.50B | $-3.02B | $-3.10B | $-2.59B | $-1.53B | $-599.2M | $-257.9M |
| Operating Margin | -258.7% | -373.9% | -520.7% | -426.5% | -5,645.1% | -15,071.1% | -5,619.5% |
| Interest Expense | — | — | $24.9M | $30.6M | $1.4M | $64.0K | $8.5M |
| Pretax Income | $-2.70B | $-2.71B | $-2.83B | $-1.30B | $-2.58B | $-719.6M | $-277.3M |
| Income Tax Expense | $-2.3M | $1.2M | $1.0M | $379.0K | $49.0K | $-188.0K | $23.0K |
| Net Income | $-2.70B | $-2.71B | $-2.83B | $-1.30B | $-2.58B | $-719.4M | $-277.4M |
| Net Margin | -199.3% | -336.0% | -475.1% | -214.5% | -9,515.6% | -18,093.1% | -6,042.6% |
| EPS (Basic) | $-11.81 | $-12.52 | $-13.59 | $-0.78 | $-3.21 | $-0.47 | $-0.22 |
| EPS (Diluted) | $-12.09 | $-12.52 | $-13.59 | $-1.51 | $-3.21 | $-0.47 | $-0.22 |
| Shares Outstanding (Basic) | 311.7M | 244.5M | 208.2M | 1.68B | 1.48B | 1.49B | 1.24B |
| Shares Outstanding (Diluted) | 313.4M | 244.5M | 208.2M | 1.69B | 1.48B | 1.49B | 1.24B |
| Dividends Per Share | — | — | — | — | — | — | — |