Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Restructuring charges

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Lucid Group

Lucid Group, Inc. manufactures electric vehicles. It designs, develops, and builds energy storage systems for electric vehicles and supplies automakers with the battery pack system needed to power hybrid, plug-in, and electric vehicles. The company was founded in December 2007 and is headquartered in Newark, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lucid Group reports robust revenue growth and strategic expansion plans

Lucid Group's Q4 2022 earnings call highlighted strong production growth, positive customer feedback on EV technology, and a focus on improving margins and cost efficiencies. Despite challenges in supply chain and production limitations, the company remains optimistic about future growth opportunities through increased sales and expansion into new markets.

Lucid Group reports strong Q1 performance amidst growth challenges

Lucid Group's Q1 2023 performance reflects operational efficiency, revenue growth, and a focus on sustainability and regulatory compliance.
The company's strengths in brand building, technological advancements, and liquidity position it well for future growth.
Challenges include macroeconomic impacts, production issues, and competitive dynamics, while opportunities lie in new revenue streams and market expansion.

Lucid Group reports Q2 revenue growth amidst cost challenges

Lucid Group's Q2 2023 performance showed revenue growth but with a significant EBITDA loss, emphasizing cost efficiencies and brand awareness.
The company faces challenges in gross margin reduction, increased depreciation expenses, and the need to address manufacturing efficiencies.
Opportunities lie in partnerships, new vehicle launches, cost optimization efforts, and growth potential in markets like Saudi Arabia.
Overall, Lucid Group's focus on profitability, efficiency, and strategic growth initiatives position them for future success in the EV market.

Lucid Group achieves production milestones, faces market challenges and opportunities

Lucid Group's Q3 earnings call highlighted operational achievements, financial performance, and strategic initiatives to drive growth and brand value.
While facing challenges in a niche market and investor concerns, Lucid's focus on efficiency, product expansion, and market positioning presents opportunities for future success.
The company's emphasis on cost control, brand enhancement, and upcoming product launches underscores a proactive approach to navigating industry dynamics.

Lucid Group excels in Q4 earnings, poised for EV market leadership

Lucid Group's Q4 2023 performance reflects strong earnings, technological advancements, and strategic initiatives positioning the company for growth.
With a focus on cost optimization, brand partnerships, and product innovation, Lucid Group demonstrates resilience and competitiveness in the EV market.
Challenges in market competition, technology decisions, and operational efficiencies require strategic planning and effective execution for sustained success.
Opportunities in market expansion, hybrid technology exploration, and cost reduction strategies present avenues for future growth and profitability.

Lucid Group excels in Q1, poised for growth amidst challenges

Lucid Group's Q1 performance reflects strong production, delivery figures, and revenue generation, supported by a focus on cost optimization and liquidity management.
The company's strengths lie in product excellence, technology partnerships, and operational readiness for future expansions, despite facing cash burn challenges.
While Lucid navigates challenges in managing costs, supplier relationships, and regulatory pressures, it remains poised to capitalize on growth opportunities in the EV market.

Lucid Group excels in Q2 with record deliveries and efficiency

Lucid Group's Q2 performance reflects strong growth momentum, brand recognition, and technological advancements in the EV sector.
While facing challenges in cost management and production scalability, the company's strategic strengths position it well for future expansion and market leadership.
With a focus on energy efficiency, luxury, and innovation, Lucid is poised to capitalize on opportunities for growth and differentiation in the evolving EV market.

Lucid Group reports record quarter, secures funding for growth

Lucid Group's Q3 2024 Earnings Call highlighted robust operational performance, strong financial results, and strategic initiatives to drive growth and innovation in the EV market.
The company's focus on quality, safety, and customer experience, coupled with successful fundraising efforts, positions Lucid well for future expansion and market leadership.
While facing challenges in managing rapid growth and financial complexities, Lucid's proactive approach to addressing analyst inquiries and optimizing costs underscores their commitment to long-term success and sustainability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Lucid Motors reported better-than-expected sales and a narrowing of losses for the first quarter of 2024. However, the company continues to produce and deliver a very small amount of electric vehicles, falling far behind its initial outlook. The company's stock classification remains at 'Sell' due to the unfavorable risk/reward relationship and ongoing financial losses.

Lucid Motors: Now A Value Trap

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Rivian Automotive

Nikola

Rivian, Lucid and Nikola this week each detailed plans to reduce costs while attempting to grow operations and make their first profits.

Rivian, Lucid and other EV startups scramble to shore up cash and reassure Wall Street

Tesla

Lucid CEO Peter Rawlinson said Chinese automakers are still "years behind" Tesla on EV technology.  He told a Financial Times conference that car companies should not "underestimate" Chinese firms.

Lucid CEO says Chinese automakers are still 'years and years behind' Elon Musk's Tesla

Ford Motor Company

Ford Motor said on Friday CFO John Lawler would take on the additional role of being the company's vice chair and that former Lucid Motors finance chief Sherry House will join the company and succeed Lawler as CFO in early 2025.

Ford CFO to become vice chair, Lucid Motors exec House to succeed

Lucid says it is on track to launch a new SUV later this year.

Should Investors Buy Lucid Stock Today?

Lucid's NASDAQ: LCID stock price has been down-trending since 2021, and it is not over. The Q1 results aren't horrible, but they did nothing to improve the outlook for growth, market domination, or profits.

Lucid's Stock Price is Still in Reverse: New Lows Are Coming

Lucid Motors (NASDAQ: LCID ) stock tumbled 14% yesterday after the electric vehicle (EV) maker reported a higher-than-expected net loss. Investment bank Stifel responded to the news by cutting its price target on LCID stock to $3 from $4.

Stifel Just Lowered Its Price Target on Lucid Motors (LCID) Stock

Faraday Future Intelligent Electric

Mullen Automotive

It's fair to assert that EV stalks are dangerous overall. The sector has been maligned throughout 2024 and continues to face ongoing issues.

Danger Ahead! The 3 Most Dangerous EV Stocks to Avoid.

Lucid beat top-line estimates but continues to post wide losses. Production guidance indicates that growth will be sluggish this year.

Why Lucid Stock Was Going in Reverse Today

Lucid Motors missed analysts' bottom-line estimates, reporting a loss of $0.30 per share. Revenue fell slightly short of expectations.

Lucid Motors Comes Up Short of Expectations in Q1

Canoo

Workhorse Group

Share dilution is a significant risk that investors face in the stock market. Companies can offload their risks to existing shareholders by issuing new shares, which dilutes the ownership stake and potential returns for current investors.

Ditch These 3 Diluting EV Stocks Before They Hit Zero

Lucid (NASDAQ: LCID ) stock is taking a tumble after the electric vehicle (EV) company reported its first-quarter earnings. During the quarter, production tallied in at 1,728 vehicles while deliveries were 1,967 vehicles.

Why Higher Spending Forecasts Are Sinking Lucid Motors (LCID) Stock

Lucid (LCID) shares tumbled more than 8% in premarket trading Tuesday after the luxury electric vehicle maker disclosed a wider-than-expected quarterly loss, reiterated its soft 2024 production guidance and projected an annual increase in capital expenditures.

Lucid Stock Skids as Wider Loss, Production Outlook, Capex Guidance Disappoint

Electric-vehicle start-up Lucid reports weak first-quarter results. Tesla shares follow Lucid shares lower.

Tesla Stock Falls. Lucid's Results Are Another Example of Slowing EV Demand.

Lucid Group, Inc. (NASDAQ:LCID ) Q1 2024 Earnings Conference Call May 6, 2024 5:30 PM ET Company Participants Maynard Um - Head, IR Peter Rawlinson - CEO and CTO Gagan Dhingra - Interim CFO and Principal Accounting Officer Conference Call Participants John Murphy - Bank of America Itay Michaeli - Citi Andres Sheppard - Cantor Fitzgerald Tobias Beith - Redburn Atlantic Steven Fox - Fox Advisors Stephen Gengaro - Stifel Operator Ladies and gentlemen, thank you for standing by. And welcome to the Lucid Group First Quarter 2024 Earnings Conference Call.

Lucid Group, Inc. (LCID) Q1 2024 Earnings Call Transcript

Lucid Group (LCID) came out with a quarterly loss of $0.30 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.43 per share a year ago.

Lucid Group (LCID) Reports Q1 Loss, Lags Revenue Estimates

Lucid Motors' senior vice president of digital Mike Bell has resigned from his position. The company said in a filing Monday that the longtime Apple and Intel executive's resignation is “effective immediately, in order to pursue other opportunities.

Lucid loses longtime Apple and Intel exec who steered software division

Electric vehicle maker Lucid Group Inc (NASDAQ:LCID) reported its first-quarter 2024 earnings today, showcasing mixed results that underscored ongoing operational challenges despite optimistic growth projections. The numbers painted a complex picture of the company's financial health and operational trajectory.

Lucid Motors struggles with profitability in 1Q results

Lucid Group Inc is down 7.0% after the bell on Monday even though it came in ahead of sales estimates for its fiscal Q1. The stock is taking a hit primarily because $LCID lost more money on a per share basis than expected.

Lucid reports 16% revenue growth for Q1: find out more

Shares of Lucid Group Inc. edged higher in the extended session Monday after the EV maker posted mixed quarterly results, keeping its production guidance for the year intact but reporting a larger-than-expected loss and slightly lower revenue.

Lucid posts bigger loss, but keeps production guidance intact

Lucid Group reported first-quarter revenue above analysts' estimates on Monday as price cuts helped the company deliver more luxury electric sedans in the first three months of 2024.

Lucid posts quarterly revenue beat as luxury EV sedan price cuts boost sales

Produced 1,728 vehicles in Q1; on track for annual production of approximately 9,000 vehicles Delivered 1,967 vehicles in Q1, up 39.9% compared to Q1 2023 Q1 revenue of $172.7 million Successfully 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 liquidity NEWARK, 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.

Lucid Announces First Quarter 2024 Financial Results

For the first quarter of 2024, Wall Street is looking for a per-share loss of 25 cents from sales of $154 million. A year ago, Lucid lost 43 cents a share from $149 million.

Lucid Earnings Are Coming. Updates on Its Gravity SUV Will Be Key.

Lucid's stock has plunged more than 95% from its post-merger high. It's still struggling to ramp up its production and deliveries.

News for Lucid Group Stock (LCID)