Lucid (LCID) Operating Expenses (2020 - 2026)

Lucid has disclosed Operating Expenses across 7 years of filings, most recently posting $1.3 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 37.21% year-over-year to $1.3 billion; the TTM figure through Mar 2026 stood at $5.2 billion (up 34.97% YoY), while the FY2025 annual figure was $4.9 billion, up 26.82% from the prior year.
• Operating Expenses retreated to $1.3 billion in Q1 2026, from $1.6 billion in the prior quarter.
• Over the last five years, Operating Expenses for LCID reached as high as $1.6 billion in Q4 2025 and fell as low as $655.2 million in Q1 2022.
• The 5-year median for Operating Expenses is $967.4 million (2024), against an average of $991.4 million.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 163.57% — and 2023, when it retreated 11.26%.
• A 5-year view of Operating Expenses shows it stood at $1.0 billion in 2022, then decreased by 11.26% to $894.0 million in 2023, then gained by 8.21% to $967.4 million in 2024, then surged by 64.09% to $1.6 billion in 2025, then declined by 19.88% to $1.3 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $1.3 billion, $1.6 billion, and $1.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.