OpenNashEarnings

Automotive · Nasdaq: LCID

Lucid earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends December · next results expected around 23 Feb 2027

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q3 2026

Lucid reported third quarter revenue of $350 million, up 4% year over-year, with free cash flow consumption declining by 30% sequentially to $1.04 billion and $2.0 billion in total liquidity.

Lucid reported third quarter revenue of $350 million, up 4% year over-year, in a US electric vehicle market the company says fell 41%. Free cash flow consumption declined by 30% sequentially to $1.04 billion as cost cuts and inventory reduction took hold. The net loss per diluted share was $(2.74), compared with $(3.31) a year ago.

Read the Q3 2026 summary →

Quarters

KPI history

Revenue$350.3M+4.1% y/yQ3 2026
Q4 2024: $234.5M (worked out from the annual figure)Q4 ’24$234.5MQ1 2025: $235.0MQ1 ’25$235.0MQ2 2025: $259.4MQ2 ’25$259.4MQ3 2025: $336.6MQ3 ’25$336.6MQ4 2025: $522.7M (worked out from the annual figure)Q4 ’25$522.7MQ1 2026: $282.5MQ1 ’26$282.5MQ2 2026: $405.3MQ2 ’26$405.3MQ3 2026: $350.3MQ3 ’26$350.3M

Fourth quarter worked out from the annual figure.

Data
Q4 2024$234.5M *
Q1 2025$235.0M
Q2 2025$259.4M
Q3 2025$336.6M
Q4 2025$522.7M *
Q1 2026$282.5M
Q2 2026$405.3M
Q3 2026$350.3M
Diluted EPS (GAAP)-$2.74+17.2% y/yQ3 2026
Q1 2025: -$2.41Q1 ’25-$2.41Q2 2025: -$2.80Q2 ’25-$2.80Q3 2025: -$3.31Q3 ’25-$3.31Q1 2026: -$3.46Q1 ’26-$3.46Q2 2026: -$3.30Q2 ’26-$3.30Q3 2026: -$2.74Q3 ’26-$2.74
Data
Q1 2025-$2.41
Q2 2025-$2.80
Q3 2025-$3.31
Q1 2026-$3.46
Q2 2026-$3.30
Q3 2026-$2.74

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Operating margin-244.8%+35.1 pts y/yQ3 2026
Q4 2024: -312.6%Q4 ’24-312.6%Q1 2025: -294.4%Q1 ’25-294.4%Q2 2025: -309.5%Q2 ’25-309.5%Q3 2025: -279.9%Q3 ’25-279.9%Q4 2025: -203.7%Q4 ’25-203.7%Q1 2026: -350.3%Q1 ’26-350.3%Q2 2026: -267.0%Q2 ’26-267.0%Q3 2026: -244.8%Q3 ’26-244.8%
Data
Q4 2024-312.6%
Q1 2025-294.4%
Q2 2025-309.5%
Q3 2025-279.9%
Q4 2025-203.7%
Q1 2026-350.3%
Q2 2026-267.0%
Q3 2026-244.8%
Free cash flow-$1.0B−8.8% y/yQ3 2026
Q4 2024: -$824.8MQ4 ’24-$824.8MQ1 2025: -$589.9MQ1 ’25-$589.9MQ2 2025: -$1.0BQ2 ’25-$1.0BQ3 2025: -$955.5MQ3 ’25-$955.5MQ4 2025: -$1.2BQ4 ’25-$1.2BQ1 2026: -$1.4BQ1 ’26-$1.4BQ2 2026: -$1.5BQ2 ’26-$1.5BQ3 2026: -$1.0BQ3 ’26-$1.0B
Data
Q4 2024-$824.8M
Q1 2025-$589.9M
Q2 2025-$1.0B
Q3 2025-$955.5M
Q4 2025-$1.2B
Q1 2026-$1.4B
Q2 2026-$1.5B
Q3 2026-$1.0B

Operating cash flow minus capital expenditure, from cash flow statements.

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$234.5Md$235.0M$259.4M$336.6M$522.7Md$282.5M$405.3M$350.3M
Operating income-$733.0Md-$691.9M-$803.0M-$942.0M-$1.1Bd-$989.5M-$1.1B-$857.6M
Operating margin-312.6%-294.4%-309.5%-279.9%-203.7%-350.3%-267.0%-244.8%
Net income-$397.2Md-$366.2M-$539.4M-$978.4M-$814.0Md-$1.0B-$1.0B-$830.9M
Diluted EPS—-$2.41-$2.80-$3.31—-$3.46-$3.30-$2.74
Operating cash flow-$533.1Md-$428.6M-$830.2Md-$756.6Md-$916.4Md-$1.2B-$1.2Bd-$752.6Md
Capital expenditure$291.6Md$161.2M$182.7Md$198.8Md$325.4Md$253.2M$253.8Md$287.1Md
Free cash flow-$824.8M-$589.9M-$1.0B-$955.5M-$1.2B-$1.4B-$1.5B-$1.0B
R&D expense$280.3Md$251.2M$273.8M$325.3M$361.0Md$335.7M$321.3M$311.8M

From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings