Lucid (LCID) Cost of Revenue (2020 - 2026)

Lucid (LCID) has reported Cost of Revenue for 7 consecutive years, with $594.2 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 28.18% year-over-year to $594.2 million; the TTM figure through Mar 2026 stood at $2.7 billion (up 53.14% YoY), while the FY2025 annual figure was $2.6 billion, up 50.8% from the prior year.
• Cost of Revenue eased to $594.2 million in Q1 2026 per LCID's latest filing, from $944.6 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $944.6 million in Q4 2025 and bottomed at $246.0 million in Q1 2022.
• Historically, Cost of Revenue has averaged $501.0 million across 5 years, with a median of $470.4 million in 2024.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 1538542.11% — and 2023, when it sank 33.36%.
• Lucid's Cost of Revenue stood at $615.3 million in 2022, then tumbled by 33.36% to $410.0 million in 2023, then gained by 8.11% to $443.2 million in 2024, then surged by 113.12% to $944.6 million in 2025, then slumped by 37.1% to $594.2 million in 2026.
• Business Quant data shows LCID's Cost of Revenue at $594.2 million in Q1 2026, $944.6 million in Q4 2025, and $670.2 million in Q3 2025.