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% YoY from $147.9 million in Q1 2025, and down 18.63% sequentially from $280.6 million in Q4 2025.
Lucid (LCID) Asset Writedowns and Impairment (2021 - 2026) Analysis & Trends
Lucid has disclosed Asset Writedowns and Impairment across 6 years of filings, most recently posting $228.3 million for 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 retreated to $228.3 million in Q1 2026, from $280.6 million in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for LCID reached as high as $280.6 million in Q4 2025 and fell as low as $81.7 million in Q2 2022.
- The 5-year median for Asset Writedowns and Impairment is $179.9 million (2025), against an average of $182.0 million.
- Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment soared 319.21% — and 2024, when it slumped 47.5%.
- A 5-year view of Asset Writedowns and Impairment shows it stood at $204.9 million in 2022, then fell by 16.28% to $171.6 million in 2023, then rose by 1.47% to $174.1 million in 2024, then soared by 61.18% to $280.6 million in 2025, then declined by 18.63% to $228.3 million in 2026.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $228.3 million, $280.6 million, and $190.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 228.32 Mn |
| Mar 31, 2026 | 228.32 Mn |
| Dec 31, 2025 | 280.61 Mn |
| Dec 31, 2025 | 280.61 Mn |
| Sep 30, 2025 | 190.66 Mn |
| Sep 30, 2025 | 190.66 Mn |
| Jun 30, 2025 | 179.89 Mn |
| Jun 30, 2025 | 179.89 Mn |
| Mar 31, 2025 | 147.92 Mn |
| Mar 31, 2025 | 147.92 Mn |
| Dec 31, 2024 | 174.10 Mn |
| Dec 31, 2024 | 174.10 Mn |
| Sep 30, 2024 | 138.56 Mn |
| Sep 30, 2024 | 138.56 Mn |
| Jun 30, 2024 | 145.24 Mn |
| Jun 30, 2024 | 145.24 Mn |
| Mar 31, 2024 | 132.30 Mn |
| Mar 31, 2024 | 132.30 Mn |
| Dec 31, 2023 | 171.57 Mn |
| Dec 31, 2023 | 171.57 Mn |