Lucid Group is executing on its growth strategy, with revenue surging 67.6% year-over-year to $405.3M in 2026Q2, marking a potential inflection point. However, the company remains deeply unprofitable, with gross margin at -105.3% and operating losses of $1.1B,...
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Revenue growth accelerated to 67.6% year-over-year in 2026Q2, reaching $405.3M, but gross margin remained deeply negative at -105.3%, and operating losses widened to $1.1B.
Lucid is recognized for its advanced EV technology, particularly its powertrain and battery efficiency, which is seen as a competitive advantage.
The upcoming Gravity SUV is expected to significantly expand Lucid's market reach, as it's projected to have a much larger total addressable market than the Lucid Air sedan. Additionally, the planned introduction of a midsize platform in the second half of 2026 is anticipated to be a catalyst for scaling operations and improving profit margins.
Collaborations, such as the one with Uber for its robotaxi network, are viewed as significant catalysts. Uber has committed to purchasing at least 35,000 Lucid vehicles, which could substantially boost Lucid's production volume.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 4, 2026 | -$3.30-38.7% vs -$2.38 | $405M+6.2% vs $382M |
Q2 2026 May 5, 2026 | -$3.46-27.2% vs -$2.72 | $282M-21.2% vs $358M |
Q1 2026 Feb 24, 2026 | -$3.62-45.4% vs -$2.49 | $523M+13.8% vs $460M |
Q4 2025 Nov 5, 2025 | -$3.31-42.7% vs -$2.32 | $337M-3.7% vs $350M |
While Tesla (NASDAQ: TSLA) maintained electric vehicle (EV) market share dominance in the first half (H1) of 2026 with roughly 52.3%, its Cybertruck has been severely underperforming.
It's expanding its partnership with Bolt, and in a meaningful way. If successful, the partnership will see 100,000 Lucid vehicles deployed in Europe and the Middle East.
LCID and Bolt are teaming up to develop and deploy Level 4 autonomous mobility services across Europe, targeting 25,000 vehicles.
Lucid Group Inc. (NASDAQ:LCID) shares are trading marginally lower Monday morning. The electric vehicle manufacturer last week announced a strategic fleet partnership with European ride-hailing firm Bolt to co-develop and deploy 25,000 Level 4 autonomous vehicles.
Benchmark LCID against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Lucid Group, Inc. (LCID)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $4.32 | $1.37B | -0.37 | 67.58% | -199.3% | -117.56% | — | |
| $15.14 | $18.38B | -4.93 | 8.39% | -54.95% | -67.16% | — | |
| $3.03 | $33.01M | -0.45 | 220.58% | -301.49% | -253.36% | — | |
| $378.90 | $1.5T | 350.83 | -2.93% | 3.68% | 4.55% | — | |
| $83.45 | $75.48B | 25.52 | -1.29% | 1.03% | 2.95% | — | |
| $13.10 | $52.24B | -6.36 | 1.23% | -3.93% | -18.89% | — |
Lucid Group, Inc. (LCID) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Lucid Group, Inc. (LCID) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 4, 2026·SEC
Jul 14, 2026·SEC
Jul 6, 2026·SEC
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Lucid Group, Inc. (LCID) stock FAQ — growth, dividends, profitability & financials explained
Lucid Group, Inc. (LCID) reported $1.55B in revenue for fiscal year 2025. This represents a 33606% increase from $4.6M in 2019.
Lucid Group, Inc. (LCID) grew revenue by 67.6% over the past year. This is strong growth.
Lucid Group, Inc. (LCID) reported a net loss of $4.08B for fiscal year 2025.
Lucid Group, Inc. (LCID) has a return on equity (ROE) of -117.6%. Negative ROE indicates the company is unprofitable.
Lucid Group, Inc. (LCID) had negative free cash flow of $6.56B in fiscal year 2025, likely due to heavy capital investments.
