Lucid (LCID) Profit After Tax (2020 - 2026)
Lucid (LCID) posted quarterly Profit After Tax of -$1.0 billion for Q1 2026, down 180.81% YoY from $1.3 billion in Q1 2025, and down 26.03% sequentially from -$816.0 million in Q4 2025.
Lucid (LCID) Profit After Tax (2020 - 2026) Analysis & Trends
Lucid has disclosed Profit After Tax across 7 years of filings, most recently posting -$1.0 billion for Q1 2026.
- In Q1 2026, Profit After Tax fell 180.81% year-over-year to -$1.0 billion; the TTM figure through Mar 2026 stood at -$3.4 billion (down 39.97% YoY), while the FY2025 annual figure was -$2.7 billion, changed 0.0% from the prior year.
- Profit After Tax eased to -$1.0 billion in Q1 2026, from -$816.0 million in the prior quarter.
- Over the last five years, Profit After Tax for LCID reached as high as -$81.3 million in Q1 2022 and fell as low as -$1.0 billion in Q1 2026.
- The 5-year median for Profit After Tax is -$643.4 million (2024), against an average of -$622.0 million.
- Annual changes were most pronounced in 2022 — Profit After Tax surged 89.13% — and 2023, when it tumbled 858.99%.
- A 5-year view of Profit After Tax shows it stood at -$468.2 million in 2022, then plunged by 39.62% to -$653.7 million in 2023, then soared by 38.81% to -$400.0 million in 2024, then plunged by 103.99% to -$816.0 million in 2025, then decreased by 26.03% to -$1.0 billion in 2026.
- According to Business Quant data, Profit After Tax over the past three periods registered -$1.0 billion, -$816.0 million, and -$978.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 491.00 Mn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 2.55 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 2.63 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -258.64 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | -416.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -329.95 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -48.14 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -28,107.98 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -1.03 Bn |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn | 39.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.03 Bn |
| Dec 31, 2025 | -815.97 Mn |
| Sep 30, 2025 | -978.43 Mn |
| Jun 30, 2025 | -539.43 Mn |
| Mar 31, 2025 | -366.20 Mn |
| Dec 31, 2024 | -400.00 Mn |
| Sep 30, 2024 | -992.48 Mn |
| Jun 30, 2024 | -643.39 Mn |
| Mar 31, 2024 | -680.86 Mn |
| Dec 31, 2023 | -653.72 Mn |
| Sep 30, 2023 | -630.89 Mn |
| Jun 30, 2023 | -764.23 Mn |
| Mar 31, 2023 | -779.53 Mn |
| Dec 31, 2022 | -468.20 Mn |
| Sep 30, 2022 | -530.10 Mn |
| Jun 30, 2022 | -220.43 Mn |
| Mar 31, 2022 | -81.29 Mn |
| Dec 31, 2021 | -1.10 Bn |
| Sep 30, 2021 | -524.40 Mn |
| Jun 30, 2021 | -261.73 Mn |