LCID - Earnings announcements

Financial HighlightsProduced 5,500 vehicles, up 149% from the first quarter of 2025  Delivered 3,093 vehicles in Q1 2026, with January and March deliveries each ahead of prior-year periods; February delivery timing was affected by a supplier issue resolved during the quarter. Total order intake in North America rose 144% in March 2026 from the prior monthGenerated Q1 2026 revenue of $282.5 million, up 20% compared to Q1 2025On April 14, announced a total capital raise of approximately $1.05 billion, including:  $550 million in convertible preferred stock issued to Ayar Third Investment Company, an affiliate of the Public Investment Fund (PIF), $300 million in gross proceeds from a registered

NEWARK, Calif., April 3, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced production and delivery totals for the quarter ended March 31, 2026. During this period, the company produced 5,500 vehicles and delivered 3,093 vehicles.1 During the quarter, deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue with the second-row seats. As a result of this, the company's ability to meet customer demand was impacted. These issues have now been addresse

Financial HighlightsDelivered 5,345 vehicles in Q4 and 15,841 vehicles in 2025; up 72% compared to Q4 2024 and up 55% compared to full year 2024Nearly doubled production year over year and in-line with 2025 annual production guidance of approximately 18,000 vehicles despite supply chain and tariff headwindsQ4 2025 revenue of $522.7 million, up 123% compared to Q4 2024, and annual revenue of $1,353.8 million, up 68% compared to full year 2024GAAP diluted net loss per share of $(3.62) in Q4 2025 and $(12.09) in full year 2025Ended the quarter with approximately $4.6 billion in total liquidity2026 production guidance of 25,000-27,000 vehiclesOperational HighlightsAchieved an eighth consecutive

NEWARK, Calif., Jan. 5, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter and year ended December 31, 2025. On a full year basis in 2025, the company produced 18,378 vehicles, up 104% compared to full year 2024, and delivered 15,841 vehicles, up 55% compared to full year 2024. During Q4 2025, Lucid produced 8,412 vehicles, up 116% compared to Q3 2025, and delivered 5,345 vehicles, up 31% compared to Q3 2025.1 Lucid will host a conference call to discuss its

Financial Highlights Produced 3,891 vehicles in Q3, up 116% compared to Q3 2024, with more than 1,000 additional vehicles built for Saudi Arabia for final assemblyDelivered 4,078 vehicles in Q3; up 47% compared to Q3 2024Q3 revenue of $336.6 million; up 68% compared to Q3 2024Subsequent to quarter end, the Public Investment Fund ("PIF") and Lucid agreed to increase the delayed draw term loan credit facility (the "DDTL") from $750 million to approximately $2.0 billion. Lucid's total liquidity at quarter end would have been approximately $5.5 billion, giving effect to this DDTL increase, up from actual total liquidity of $4.2 billion. The DDTL facility remains undrawn.Operational Highlights An

NEWARK, Calif., Oct. 6, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended September 30, 2025. During this period, Lucid produced 3,891 vehicles, with more than 1,000 additional vehicles built for Saudi Arabia for final assembly. Lucid delivered 4,078 vehicles during the same period. 1 During the nine months ended September 30, 2025, Lucid produced 9,966 vehicles, excluding additional vehicles in transit to Saudi Arabia for final assembly, and delivered

Financial Highlights Produced 3,863 vehicles in Q2Delivered 3,309 vehicles in Q2; up 38.2% compared to Q2 2024Q2 revenue of $259.4 millionQ2 GAAP diluted net loss per share of $(0.28); non-GAAP diluted net loss per share of $(0.24)Ended the quarter with approximately $4.86 billion in total liquidityProduction outlook for 2025 is revised to 18,000 - 20,000 vehicles from prior guidance of 20,000 vehiclesOperational Highlights Launched next-generation robotaxi partnership that will see Uber deploy a minimum of 20,000 Lucid Gravity vehicles equipped with Nuro Driver™ Level 4 autonomyExpanded DreamDrive Pro functionality to add Hands-Free Drive Assist and Lane Change Assist, advancing Lucid's in-

NEWARK, Calif., July 2, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended June 30, 2025. During this period, Lucid produced 3,863 vehicles and delivered 3,309 vehicles. During the six months ended June 30, 2025, Lucid produced 6,075 vehicles and delivered 6,418 vehicles.1 Lucid will host a conference call to discuss its second quarter 2025 financial results on Tuesday, August 5, 2025, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the compan

Produced 2,212 vehicles in Q1, excluding over 600 vehicles in transit to Saudi Arabia for factory gatingDelivered 3,109 vehicles in Q1; up 58.1% compared to Q1 2024Q1 revenue of $235.0 millionGAAP net loss per share of $(0.24); non-GAAP net loss per share of $(0.20)Ended the quarter with approximately $5.76 billion in total liquidityNEWARK, Calif., May 6, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced financial results for its first quarter ended March 31, 2025. The earnings presentation is available on its investor relations website (https://ir.lucidmotors.com).

NEWARK, Calif., April 2, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended March 31, 2025. During this period, Lucid produced 2,212 vehicles, plus over 600 additional vehicles in transit to Saudi Arabia for final assembly. The Company delivered 3,109 vehicles during the same period.1 Lucid will host a conference call to discuss its first quarter 2025 financial results on Tuesday, May 6, 2025, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, th

Produced 3,386 vehicles in Q4 and 9,029 vehicles in 2024, in line with the 2024 annual production guidance of 9,000 vehiclesDelivered 3,099 vehicles in Q4 and 10,241 vehicles in 2024; up 79% compared to Q4 2023 and up 71% compared to full year 2023Q4 revenue of $234.5 million and annual revenue of $807.8 millionGAAP net loss per share of $(0.22) in Q4 and $(1.25) in full year 2024; non-GAAP net loss per share of $(0.22) in Q4 and $(1.04) in full year 2024Ended the quarter with approximately $6.13 billion in total liquidity2025 production guidance of approximately 20,000 vehiclesAnnounced CEO transition; Marc Winterhoff, COO, appointed Interim CEO, Peter Rawlinson to serve as Strategic Techni

NEWARK, Calif., Jan. 6, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended December 31, 2024. During this period, Lucid produced 3,386 vehicles and delivered 3,099 vehicles, of which approximately 7% were subject to operating lease accounting.1   On a full year basis in 2024, the company produced 9,029 vehicles and delivered 10,241 vehicles, of which approximately 5% were subject to operating lease accounting. Lucid will host a conference call to discus

Produced 1,805 vehicles in Q3; on track for annual production of approximately 9,000 vehiclesDelivered 2,781 vehicles in Q3; up 90.9% compared to Q3 2023Q3 revenue of $200.0 millionGAAP net loss per share of $(0.41); non-GAAP net loss per share of $(0.28)Ended the quarter with approximately $5.16 billion in total liquiditySubsequent to the third quarter, completed a capital raise of approximately $1.75 billion in October 2024NEWARK, Calif., Nov. 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced financial results for its third quarter ended September 30, 2024. The earnings presentation is available on its investor re

NEWARK, Calif., Oct. 7, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended September 30, 2024. During this period, Lucid produced 1,805 vehicles and delivered 2,781 vehicles, of which approximately 8% were subject to operating lease accounting.1 Lucid will host a conference call to discuss its third quarter 2024 financial results on Thursday, November 7, 2024, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings p

Produced 2,110 vehicles in Q2; on track for annual production of approximately 9,000 vehiclesDelivered 2,394 vehicles in Q2; up 70.5% compared to Q2 2023Q2 revenue of $200.6 millionEnded the quarter with approximately $4.28 billion of total liquiditySeparately, announced a commitment of $1.5 billion today from an affiliate of the Public Investment Fund (PIF)NEWARK, Calif., Aug. 5, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced financial results for its second quarter ended June 30, 2024. The earnings presentation is available on its investor relations website (https://ir.lucidmotors.com).

NEWARK, Calif., July 8, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended June 30, 2024. Lucid produced 2,110 vehicles and delivered 2,394 vehicles during this period.1   Lucid will host a conference call to discuss its second quarter 2024 financial results on Monday, August 5, 2024, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations websit

Produced 1,728 vehicles in Q1; on track for annual production of approximately 9,000 vehiclesDelivered 1,967 vehicles in Q1, up 39.9% compared to Q1 2023Q1 revenue of $172.7 millionSuccessfully raised $1.0 billion via private placement to an affiliate of the Public Investment Fund (PIF)Ended the quarter with approximately $5.03 billion of total liquidityNEWARK, Calif., May 6, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), maker of the world's most advanced electric vehicles, today announced financial results for its first quarter ended March 31, 2024. The earnings presentation is available on its investor relations website (https://ir.lucidmotors.com).

NEWARK, Calif., April 9, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle1, today announced production and delivery totals for the quarter ended March 31, 2024. Lucid produced 1,728 vehicles and delivered 1,967 vehicles during this period.*   Lucid will host a conference call to discuss its first quarter 2024 financial results on Monday, May 6, 2024, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings press release wit

Delivered 1,734 vehicles in Q4 and 6,001 vehicles in 2023, up 37% compared to full year 2022Produced 2,391 vehicles in Q4 and 8,428 vehicles in 2023, meeting the higher-end of 2023 annual production guidance of 8,000 to 8,500 vehiclesQ4 revenue of $157.2 million and annual revenue of $595.3 millionEnded the quarter with approximately $4.78 billion of total liquidityLucid is embarking on the Company's next transformational phase, with the expansion of its vehicle lineup and total addressable market2024 production guidance of approximately 9,000 vehiclesNEWARK, Calif., Feb. 21, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the L

NEWARK, Calif., Jan. 11, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, selected to Car and Driver's 10Best list for 2024, today announced production and delivery totals for the quarter ended December 31, 2023. Lucid produced 2,391 vehicles during Q4 and delivered 1,734 vehicles during the same period.*   On a full year basis in 2023, the company produced 8,428 vehicles and delivered 6,001 vehicles. Lucid will host a conference call to discuss its fourth quarter 2023 financial results on Wednesday,

Q2 revenue of $150.9 million driven by customer deliveries of 1,404 vehicles in the quarterBolstered balance sheet to $6.25 billion in total liquidity as of June 30, 2023Aston Martin selected Lucid to supply powertrain and battery system technology – contracts worth in excess of $450 million – further validating Lucid's superior technologyOriginal pricing reinstated with the Lucid Air All Wheel Drive starting at $82,400Finalized purchase agreement with Government of Saudi ArabiaStart of production for the Lucid Air Sapphire and the Lucid Air Pure Rear Wheel Drive on track for mid-SeptemberThe Lucid Gravity unveiling in November; start of production on track for late 2024NEWARK, Calif., Aug.

NEWARK, Calif., July 12, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today announced production and delivery totals for the quarter ended June 30, 2023. Lucid produced 2,173 vehicles during Q2 at its manufacturing facility in Arizona and delivered 1,404 vehicles during the same period.* In addition, the company began material shipments to the Kingdom of Saudi Arabia. Lucid will host a conference call to discuss its second quarter 2023 financial results on Monday, August 7, 2023, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnin

NEWARK, Calif., May 8, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today announced financial results for its first quarter ended March 31, 2023. Lucid reported first quarter revenue of $149.4 million, having produced 2,314 vehicles at its manufacturing facility in Arizona and delivered 1,406 vehicles during the same period. Lucid plans to manufacture more than 10,000 vehicles in 2023 and ended the quarter with approximately $4.1 billion total liquidity, which is expected to fund the Company at least into the second quarter of 2024.  "We are on track to produce over 10

NEWARK, Calif., April 13, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, today announced production and delivery totals for the quarter ended March 31, 2023. The company produced 2,314 vehicles during Q1 at its manufacturing facility in Arizona and delivered 1,406 vehicles during the same period.*  Lucid will host a conference call to discuss its first quarter 2023 financial results on Monday, May 8, 2023, at 2:30 pm PT / 5:30 pm ET. Prior to the conferenc

3,493 Vehicles Produced in Q4, up 53 Percent Sequentially7,180 Vehicles Produced in 2022, Exceeding Guidance of 6,000-7,000 VehiclesSet to Report Fourth Quarter Financial Results on Wednesday, February 22, 2023NEWARK, Calif., Jan. 12, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced production and delivery totals for the quarter ended December 31, 2022. The company produced 3,493 vehicles during Q4 at its manufacturing facility in Arizona and delivered 1,932 vehicles during the same period.* On a full-year basis, the company produced 7,180 vehicles, exceeding provided guidance rang

2,282 Vehicles Produced in Q3, More Than Triple Q2 ProductionSet to Report Third Quarter Financial Results on Tuesday, November 8, 2022NEWARK, Calif., Oct. 12, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced preliminary production and delivery totals for the quarter ended September 30, 2022. The company produced 2,282 vehicles during Q3 at its manufacturing facility in Arizona, more than tripling the number produced in Q2, and delivered 1,398 vehicles during the same period.* These figures remain in line with the company's expectations, and Lucid believes it is on track to deliver

Q2 revenue of $97.3M driven by customer deliveries of 679 vehicles in the quarterStrong demand with over 37,000 reservations, representing potential sales of approximately $3.5BProduction volume outlook for 2022 revised to a range of 6,000 to 7,000 vehiclesNEWARK, Calif., Aug. 3, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced financial results for its second quarter ended June 30, 2022. Lucid reported Q2 revenue of $97.3 million on deliveries of 679 vehicles. The Company reported strong customer demand for Lucid Air with reservations over 37,000 as of today, representing potentia

NEWARK, Calif., July 20, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards with the longest-range, fastest charging electric car on the market, today announced it will host a conference call to discuss its second quarter 2022 financial results on Wednesday, August 3, 2022, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations website, ir.lucidmotors.com. To enhance engagement with the company's shareholder base and facilitate connections with its investors, Lucid is partnering with Say Technologies to allow retail and institutional shareholders to submit an

NEWARK, Calif., April 21, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced it will host a conference call to discuss its first quarter 2022 financial results on Thursday, May 5, 2022, at 2:30 pm PT / 5:30 pm ET. Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations website, ir.lucidmotors.com. To enhance engagement with the company's shareholder base and facilitate connections with its

NEWARK, Calif., Feb. 28, 2022 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ:LCID), setting new standards with the longest range, fastest charging electric car on the market, today announced financial results for its fourth quarter and full year ending December 31, 2021. The Company's Q4 revenue was $26.4 million, including $21.3 million from initial deliveries of its innovative Lucid Air Dream Edition, which began in October. Lucid delivered 125 cars to customers in the fourth quarter, with total production exceeding 400 vehicles to date and over 300 deliveries to customers. Lucid has also taken over 25,000 customer reservations as of today, reflecting potential sales of more than $2.4B. The Co

PHOENIX, Feb. 2, 2022 /PRNewswire/ – Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading specialty lending company that provides debt, including loans and equipment financing, to growth-stage companies backed by technology banks, venture capital, and private equity firms, today announced that it will receive approximately $59.8 million in aggregate net proceeds from the sale of its equity investments in Lucid Group, Inc. (NASDAQ:LCID) ("Lucid") and Matterport Inc. (NASDAQ:MTTR) ("Matterport"). In January 2022, Trinity disposed of 1,867,973 shares of comm

NEWARK, Calif. and NEW YORK, Nov. 15, 2021 /PRNewswire/ --  Lucid Group, Inc. (NASDAQ:LCID) ("Lucid" or the "Company"), which is setting new standards with its advanced technologies and luxury electric vehicles ("EVs"), today announced financial results for the third quarter ending September 30, 2021.  Peter Rawlinson, CEO & CTO of Lucid, said, "We are tremendously excited by our accomplishments in our first quarter as a publicly traded company. We successfully began production of vehicles for customer deliveries, continued investing in capacity expansion of our manufacturing facility in Arizona, and opened new retail and service locations in advance of the Lucid Air launch. We were also pl

NEWARK, Calif., Oct. 28, 2021 /PRNewswire/ -- Lucid Group (NASDAQ:LCID) will host a conference call to discuss its third quarter 2021 results on Monday, November 15, 2021 at 2:00 pm PT / 5:00 pm ET. The company will issue an earnings press release with the dial-in number and a link to the live webcast on its investor relations website at ir.lucidmotors.com prior to the conference call. A replay of the webcast will be available at the same website after completion of the call. About Lucid Group Lucid's mission is to inspire the adoption of sustainable energy by creating

NEWARK, Calif., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Lucid Group, Inc. (NASDAQ:LCID) will host a conference call to discuss its third quarter 2021 results on Monday, November 15, 2021 at 2:00 pm PT / 5:00 pm ET. The company will issue an earnings press release with the dial-in number and a link to the live webcast on its investor relations website at ir.lucidmotors.com prior to the conference call. A replay of the webcast will be available at the same website after completion of the call. About Lucid Group Lucid's mission is to inspire the adoption of sustainable energy by creating the most captivating electric vehicles, centered around the human experience. The company's first car, Lucid Ai