Lucid (LCID) Accumulated Expenses (2020 - 2024)

Lucid (LCID) posted quarterly Accumulated Expenses of $138.9 million for Q3 2024, up 125.67% year-over-year from $61.5 million in Q4 2023, and up 1.1% quarter-over-quarter from $137.4 million in Q2 2024.

Lucid (LCID) Accumulated Expenses (2020 - 2024) Analysis & Trends

Lucid (LCID) has reported Accumulated Expenses for 5 consecutive years, with $138.9 million the latest figure, recorded in Q3 2024.

  • In Q3 2024, Accumulated Expenses rose 125.67% year-over-year to $138.9 million; the TTM figure through Sep 2024 stood at $138.9 million (up 125.67% YoY), while the FY2023 annual figure was $92.5 million, up 46.07% from the prior year.
  • Accumulated Expenses improved to $138.9 million in Q3 2024 per LCID's latest filing, from $137.4 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $138.9 million in Q3 2024 and bottomed at $16.2 million in Q4 2020.
  • Historically, Accumulated Expenses has averaged $68.5 million across 5 years, with a median of $62.4 million in 2022.
  • Annual changes were most pronounced in 2023 — Accumulated Expenses soared 195.12% — and 2024, when it gained 18.59%.
  • Lucid's Accumulated Expenses stood at $16.2 million in 2020, then surged by 99.81% to $32.4 million in 2021, then jumped by 95.66% to $63.3 million in 2022, then jumped by 46.07% to $92.5 million in 2023, then surged by 50.15% to $138.9 million in 2024.
  • Business Quant data shows LCID's Accumulated Expenses at $138.9 million in Q3 2024, $137.4 million in Q2 2024, and $100.6 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn
10 Lucid 2.68 Bn 1.92 Bn -426.73 Mn

Historic Data

Download Data
DateValue
Sep 30, 2024 138.88 Mn
Jun 30, 2024 137.37 Mn
Mar 31, 2024 100.64 Mn
Dec 31, 2023 92.49 Mn
Sep 30, 2023 61.54 Mn
Jun 30, 2023 69.00 Mn
Mar 31, 2023 84.87 Mn
Dec 31, 2022 63.32 Mn
Sep 30, 2022 49.01 Mn
Jun 30, 2022 55.55 Mn
Mar 31, 2022 28.76 Mn
Dec 31, 2021 32.36 Mn
Sep 30, 2021 28.95 Mn
Dec 31, 2020 16.20 Mn