Lucid (LCID) Asset Writedowns and Impairment (2021 - 2026)
Lucid (LCID) posted quarterly Asset Writedowns and Impairment of $228.3 million for Q1 2026, up 54.35% year-over-year from $147.9 million in Q1 2025, and down 18.63% quarter-over-quarter from $280.6 million in Q4 2025.
Analysis
Lucid (LCID) Asset Writedowns and Impairment (2021 - 2026) Analysis & Trends
Lucid (LCID) has reported Asset Writedowns and Impairment for 6 consecutive years, with $228.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Writedowns and Impairment rose 54.35% year-over-year to $228.3 million; the TTM figure through Mar 2026 stood at $879.5 million (up 45.17% YoY), while the FY2025 annual figure was $799.1 million, up 35.39% from the prior year.
- Asset Writedowns and Impairment slipped to $228.3 million in Q1 2026 per LCID's latest filing, from $280.6 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $280.6 million in Q4 2025 and bottomed at $81.7 million in Q2 2022.
- Historically, Asset Writedowns and Impairment has averaged $182.0 million across 5 years, with a median of $179.9 million in 2025.
- Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment soared 319.21% — and 2024, when it plunged 47.5%.
- Lucid's Asset Writedowns and Impairment stood at $204.9 million in 2022, then retreated by 16.28% to $171.6 million in 2023, then gained by 1.47% to $174.1 million in 2024, then jumped by 61.18% to $280.6 million in 2025, then fell by 18.63% to $228.3 million in 2026.
- Business Quant data shows LCID's Asset Writedowns and Impairment at $228.3 million in Q1 2026, $280.6 million in Q4 2025, and $190.7 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,227.34 Bn | 1,183.82 Bn | 4.75 Bn |
| 2 | Toyota Motor | 255.99 Bn | 127.54 Bn | 12.27 Bn |
| 3 | Honda Motor | 131.81 Bn | 91.67 Bn | 8.46 Bn |
| 4 | Ford Motor | 80.48 Bn | 49.15 Bn | 6.08 Bn |
| 5 | General Motors | 77.32 Bn | 52.61 Bn | 7.33 Bn |
| 6 | Ferrari | 73.82 Bn | 72.07 Bn | 1.18 Bn |
| 7 | Rivian Automotive | 21.01 Bn | 15.70 Bn | 179.00 Mn |
| 8 | Stellantis | 15.66 Bn | -25.80 Bn | 5.55 Bn |
| 9 | Li Auto | 12.07 Bn | -504.83 Mn | 417.98 Mn |
| 10 | Lucid | 1.82 Bn | 1.06 Bn | -426.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 299.27 Mn |
| Mar 31, 2026 | 228.32 Mn |
| Dec 31, 2025 | 280.61 Mn |
| Sep 30, 2025 | 190.66 Mn |
| Jun 30, 2025 | 179.89 Mn |
| Mar 31, 2025 | 147.92 Mn |
| Dec 31, 2024 | 174.10 Mn |
| Sep 30, 2024 | 138.56 Mn |
| Jun 30, 2024 | 145.24 Mn |
| Mar 31, 2024 | 132.30 Mn |
| Dec 31, 2023 | 171.57 Mn |
| Sep 30, 2023 | 230.82 Mn |
| Jun 30, 2023 | 276.63 Mn |
| Mar 31, 2023 | 227.05 Mn |
| Dec 31, 2022 | 204.93 Mn |
| Sep 30, 2022 | 186.50 Mn |
| Jun 30, 2022 | 81.70 Mn |
| Mar 31, 2022 | 96.40 Mn |
| Dec 31, 2021 | 48.88 Mn |