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| Date | Value |
|---|---|
| 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 |