Lucid (LCID) Operating Income (2020 - 2026)

Lucid (LCID) posted quarterly Operating Income of -$989.5 million for Q1 2026, down 43.0% YoY from -$1.7 billion in Q1 2025, and up 7.07% sequentially from -$1.1 billion in Q4 2025.

Lucid (LCID) Operating Income (2020 - 2026) Analysis & Trends

Lucid has disclosed Operating Income across 7 years of filings, most recently posting -$989.5 million for Q1 2026.

  • In Q1 2026, Operating Income fell 43.0% year-over-year to -$989.5 million; the TTM figure through Mar 2026 stood at -$3.8 billion (down 27.37% YoY), while the FY2025 annual figure was -$3.5 billion, down 15.92% from the prior year.
  • Operating Income grew to -$989.5 million in Q1 2026, from -$1.1 billion in the prior quarter.
  • Over the last five years, Operating Income for LCID reached as high as -$559.2 million in Q2 2022 and fell as low as -$1.1 billion in Q4 2025.
  • The 5-year median for Operating Income is -$752.9 million (2023), against an average of -$776.8 million.
  • Annual changes were most pronounced in 2022 — Operating Income slumped 124.65% — and 2024, when it advanced 6.0%.
  • A 5-year view of Operating Income shows it stood at -$749.7 million in 2022, then advanced by 1.72% to -$736.9 million in 2023, then gained by 0.53% to -$732.9 million in 2024, then tumbled by 45.27% to -$1.1 billion in 2025, then rose by 7.07% to -$989.5 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$989.5 million, -$1.1 billion, and -$942.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 941.00 Mn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 2.33 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 2.93 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -271.74 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn -881.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -434.73 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn 1.45 Bn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -22,861.61 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn -989.49 Mn
10 China Yuchai International 1.74 Bn 678.93 Mn 317.01 Mn 66.75 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -989.49 Mn
Dec 31, 2025 -1.06 Bn
Sep 30, 2025 -942.02 Mn
Jun 30, 2025 -803.05 Mn
Mar 31, 2025 -691.93 Mn
Dec 31, 2024 -732.95 Mn
Sep 30, 2024 -770.54 Mn
Jun 30, 2024 -787.42 Mn
Mar 31, 2024 -729.92 Mn
Dec 31, 2023 -736.87 Mn
Sep 30, 2023 -752.88 Mn
Jun 30, 2023 -837.69 Mn
Mar 31, 2023 -772.16 Mn
Dec 31, 2022 -749.74 Mn
Sep 30, 2022 -687.52 Mn
Jun 30, 2022 -559.20 Mn
Mar 31, 2022 -597.53 Mn
Dec 31, 2021 -485.68 Mn
Sep 30, 2021 -497.05 Mn
Jun 30, 2021 -248.92 Mn