Lucid (LCID) Gross Margin (2020 - 2026)

Lucid (LCID) posted quarterly Gross Margin of 110.35% for Q1 2026, down 1313.0% YoY from 9.1% in Q1 2025, and down 36.72% sequentially from 80.71% in Q4 2025.

Lucid (LCID) Gross Margin (2020 - 2026) Analysis & Trends

Lucid has disclosed Gross Margin across 7 years of filings, most recently posting 110.35% for Q1 2026.

  • In Q1 2026, Gross Margin fell 1313.0% year-over-year to 110.35%; the TTM figure through Mar 2026 stood at 95.6% (up 1008.0% YoY), while the FY2025 annual figure was 92.81%, up 2147.0% from the prior year.
  • Gross Margin fell to 110.35% in Q1 2026, from 80.71% in the prior quarter.
  • Over the last five years, Gross Margin for LCID reached as high as 80.71% in Q4 2025 and fell as low as 326.48% in Q1 2022.
  • The 5-year median for Gross Margin is 134.5% (2024), against an average of 157.59%.
  • The widest YoY moves for Gross Margin: up 117907 bps in 2022, down 39932 bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 138.75% in 2022, then slipped by 16 bps to 160.91% in 2023, then jumped by 45 bps to 89.04% in 2024, then grew by 9 bps to 80.71% in 2025, then sank by 37 bps to 110.35% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 110.35%, 80.71%, and 99.12% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 21.08%
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 18.36%
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 10.98%
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn 20.58%
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn 8.62%
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn 7.87%
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn 19.03%
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -73.58%
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn -110.35%
10 China Yuchai International 1.74 Bn 678.93 Mn 317.01 Mn 18.91%

Historic Data

Download Data
DateValue
Mar 31, 2026 -110.35%
Dec 31, 2025 -80.71%
Sep 30, 2025 -99.12%
Jun 30, 2025 -104.98%
Mar 31, 2025 -97.22%
Dec 31, 2024 -89.04%
Sep 30, 2024 -106.23%
Jun 30, 2024 -134.50%
Mar 31, 2024 -134.34%
Dec 31, 2023 -160.91%
Sep 30, 2023 -240.84%
Jun 30, 2023 -268.39%
Mar 31, 2023 -234.95%
Dec 31, 2022 -138.75%
Sep 30, 2022 -151.96%
Jun 30, 2022 -200.34%
Mar 31, 2022 -326.48%
Dec 31, 2021 -473.94%
Sep 30, 2021 -1,331.03%
Jun 30, 2021 89.08%