Lucid (LCID) Gross Margin (2020 - 2026)
Lucid (LCID) reported Gross Margin of -105.27% for Q2 2026, down 0.29 percentage points from -104.98% a year earlier but up 5.08 percentage points from the prior quarter.
Lucid (LCID) Gross Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Lucid's Gross Margin came in at -96.56%, up 2.70 percentage points year-over-year; for FY2025, it was -92.81%, up 21.47 percentage points from FY2024.
- Gross Margin has a five-year change of -115.59 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at -114.27% in FY2024 (+110.97 pp), -225.24% in FY2023 (-54.58 pp), -170.66% in FY2022 (+300.69 pp) and -471.34% in FY2021 (-494.13 pp).
- Five-year quarterly Gross Margin spans a low of -1331.03% in Q3 2021 and a high of -80.71% in Q4 2025.
- Year over year, Gross Margin gained in six of the last eight quarters, with an average year-over-year change of +34.39 percentage points.
- The high point for year-over-year Gross Margin in five years was Q3 2022 (a gain of 1179.07 percentage points); the low point was Q3 2021 (a drop of 1248.70 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -110.35% (Q1 2026), -80.71% (Q4 2025) and -99.12% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,148.52 Bn | 983.08 Bn | 4.75 Bn | 16.83% |
| 2 | Toyota Motor | 242.17 Bn | -164.57 Bn | 20.95 Bn | 24.69% |
| 3 | Ferrari | 145.86 Bn | 138.30 Bn | 1.18 Bn | 52.59% |
| 4 | Honda Motor | 143.38 Bn | 10.76 Bn | 8.46 Bn | 22.24% |
| 5 | General Motors | 67.56 Bn | -37.30 Bn | 7.33 Bn | 15.26% |
| 6 | Ford Motor | 47.24 Bn | -95.23 Bn | 6.08 Bn | 12.59% |
| 7 | Rivian Automotive | 20.35 Bn | -2.94 Bn | 179.00 Mn | 10.80% |
| 8 | Magna International | 17.85 Bn | 15.41 Bn | 1.61 Bn | 14.68% |
| 9 | Stellantis | 12.63 Bn | -153.36 Bn | 5.55 Bn | 10.98% |
| 10 | Lucid | 1.60 Bn | -3.82 Bn | -426.73 Mn | -105.27% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -105.27% |
| 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% |
Lucid Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=LCID&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "LCID", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=LCID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();