LucidLCIDRevenue: is the business selling more than it used to?
$1.4B+68% YoYFY 2025
◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year
→Revenue reached $1.4B in 2025, compounding +31% a year since 2022 though the pace has cooled. The trailing twelve months are already running at $1.5B, ahead of the last full year.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDNet income: how much of that revenue becomes profit?
$-2.7BFY 2025
◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year
→The company lost $2.7B in 2025, less than the $2.7B it lost the year before. The losses are narrowing, but it is still burning shareholder money.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDHow fast is it growing, year by year?
+67.6%revenue growth, FY 2025
→Revenue grew +68% in 2025 against a five-year average of +565%.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDRevenue per share: is your slice growing as fast as the company?
$4.32revenue per share, FY 2025
◌ 2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year
→Revenue per share reached $4.32 in 2025, compounding +6% a year against +31% for LCID as a whole. Dilution absorbed about 24.2 points of that growth. Free cash flow per share stands at $-12.13.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDFree cash flow: what is left in real cash after everything?
$-3.8BFY 2025
◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year
→The business consumed $3.8B of cash in 2025 after investment. Growth is being funded from the balance sheet, not from operations.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDHow much of every sales dollar ends up as free cash?
◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year
→Free cash flow is negative, so no share of revenue is currently converting to spare cash. Every sales dollar is being reinvested or consumed.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDWhat does staying competitive cost, per dollar of sales?
◌ 2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year
→The biggest claim on each sales dollar is research and development, at 89% of revenue (capital spending 64%, stock compensation 20%). That share has fallen since 2022, so the cost of competing is easing.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDMargins: of every $1 of sales, how much survives each cost layer?
◌ 2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year
→Operating margin widened 168 points to -259% since 2022. The bottom line is still negative: costs below the operating line eat what is left.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDWhat does it earn on the money it uses?
◌ 2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year
→Return on capital needs both a profit and an equity base; one of them isn't available here.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDWhat has the market paid for LCID over time?
1.2xP/S today
◌ 2026 = at the latest close (2026-09-04), over the trailing twelve months; earlier years are annual averages
→At 1.2x sales, the market is paying 98% less than LCID's own 6-year median of 53.5x. Pessimism is priced in - the question is whether it is deserved.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDWhat cash return does the business throw off per dollar of market value?
-277.2%FCF yield today
◌ 2026 = at the latest close (2026-09-04), over the trailing twelve months; earlier years are annual averages
→Every dollar of market value currently buys -277.2% of annual free cash flow, more than its 6-year median of -24.3% - the cash is cheaper than usual.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDCould it handle its debt if things went wrong?
→Debt of $3.3B sits against $733M of cash. Earnings don't currently cover the interest bill at all.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDIs the company's own capital growing?
→Shareholders' equity is negative at $-1.1B: liabilities exceed assets. Usually the mark of heavy buybacks or accumulated losses, and always worth understanding which.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDHow much goes back, and how much leaks out as stock comp?
→LCID returned no cash to shareholders in the latest filed year: everything is being retained or reinvested.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDHow fast is your ownership being diluted - or concentrated?
→The share count grew 28.2% in 2025, averaging 22.9% a year over three years. Your slice of the company shrinks by that much each year unless earnings grow faster.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDDoes LCID earn more on its capital than that capital costs?
→LCID's return on capital is negative at -60.9% in 2025. The capital in the business is not yet earning anything back.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDLCID has issued or retired shares - did shareholders end up better off?
→LCID's share count rose +15117% from 2019 to 2025 while revenue per share grew +94%. Holders are further ahead than before, though the gain per share is smaller than the growth in the business.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30
LucidLCIDAre the people running it buying or selling?
→Insiders sold $18,640 on the open market and bought nothing. Many sales are pre-scheduled diversification rather than a view on the price. A further 46 filings were grants, option exercises or tax withholding, which say nothing either way.
Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30