7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.4B | -$2.7B | -92.8% | -258.7% | -$3.8B | $2.7B | $998M |
| 2024 | $808M | -$2.7B | -114.3% | -373.9% | -$2.9B | $2.1B | $1.6B |
| 2023 | $595M | -$2.8B | -225.2% | -520.7% | -$3.4B | $2.1B | $1.4B |
| 2022 | $608M | -$1.3B | -170.7% | -426.5% | -$3.3B | $2.0B | $1.7B |
| 2021 | — | -$2.6B | — | — | -$1.5B | $2.0B | $6.3B |
| 2020 | $4M | -$719M | 22.8% | -15071.1% | -$1.0B | $980000 | $614M |
| 2019 | $5M | -$277M | 14.5% | -5619.5% | — | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $282M | -$1.0B | -110.4% | -350.3% | -$1.4B | $2.8B | $700M |
| Dec '25 | $523M | -$814M | -80.7% | -203.7% | -$1.2B | $2.7B | $998M |
| Sep '25 | $337M | -$978M | -99.1% | -279.9% | -$955M | $2.4B | $1.6B |
| Jun '25 | $259M | -$539M | -105.0% | -309.5% | -$1.0B | $2.3B | $1.8B |
| Mar '25 | $235M | -$366M | -97.2% | -294.4% | -$590M | $2.2B | $1.9B |
| Dec '24 | $234M | -$397M | -89.0% | -312.6% | -$825M | $2.1B | $1.6B |
| Sep '24 | $200M | -$992M | -106.2% | -385.2% | -$622M | $2.0B | $1.9B |
| Jun '24 | $201M | -$643M | -134.5% | -392.6% | -$741M | $2.1B | $1.4B |
| Mar '24 | $173M | -$681M | -134.3% | -422.6% | -$715M | $2.1B | $2.2B |
| Dec '23 | — | -$654M | — | — | -$747M | $2.1B | $1.4B |
| Sep '23 | — | -$631M | — | — | -$706M | $2.0B | $1.2B |
| Jun '23 | — | -$764M | — | — | -$904M | $2.0B | $2.8B |
| Mar '23 | — | -$780M | — | — | -$1.0B | $2.0B | $900M |
| Dec '22 | — | -$473M | — | — | -$938M | $2.0B | $1.7B |
| Sep '22 | — | -$530M | — | — | -$860M | $2.0B | $1.3B |
| Jun '22 | — | -$220M | — | — | -$823M | $2.0B | $3.2B |
| Mar '22 | — | -$81M | — | — | -$680M | $2.0B | $5.4B |
| Dec '21 | — | -$1.0B | — | — | -$435M | $2.0B | $6.3B |
| Sep '21 | — | -$524M | — | — | -$384M | — | $4.8B |
| Jun '21 | — | -$262M | — | — | — | — | — |
How the market has priced LCID against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Lucid Group, Inc.'s revenue has grown 220.9% per year. These are computed facts, not advice.
As of FY2025, Lucid Group, Inc. reported $2.7B of total debt against $998M of cash; operating income covered interest expense -36.8×.
In FY2025, gross margin was -92.8%, operating margin -258.7%, and net margin -199.3%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.