Lucid (LCID) Operating Expenses (2020 - 2026)

Lucid (LCID) has reported Operating Expenses for 7 consecutive years, with $1.3 billion the latest figure, recorded in 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 slipped to $1.3 billion in Q1 2026 per LCID's latest filing, from $1.6 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $1.6 billion in Q4 2025 and bottomed at $655.2 million in Q1 2022.
• Historically, Operating Expenses has averaged $991.4 million across 5 years, with a median of $967.4 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 163.57% — and 2023, when it retreated 11.26%.
• Lucid's Operating Expenses stood at $1.0 billion in 2022, then slipped by 11.26% to $894.0 million in 2023, then advanced by 8.21% to $967.4 million in 2024, then soared by 64.09% to $1.6 billion in 2025, then fell by 19.88% to $1.3 billion in 2026.
• Business Quant data shows LCID's Operating Expenses at $1.3 billion in Q1 2026, $1.6 billion in Q4 2025, and $1.3 billion in Q3 2025.