Lucid (LCID) Research & Development (2020 - 2026)

Lucid has disclosed Research & Development across 7 years of filings, most recently posting $335.7 million for Q1 2026.

• In Q1 2026, Research & Development rose 33.6% year-over-year to $335.7 million; the TTM figure through Mar 2026 stood at $1.3 billion (up 13.36% YoY), while the FY2025 annual figure was $1.2 billion, up 2.97% from the prior year.
• Research & Development declined to $335.7 million in Q1 2026, from $361.0 million in the prior quarter.
• Over the last five years, Research & Development for LCID reached as high as $361.0 million in Q4 2025 and fell as low as $186.1 million in Q1 2022.
• The 5-year median for Research & Development is $251.2 million (2025), against an average of $263.6 million.
• Annual changes were most pronounced in 2022 — Research & Development declined 11.82% — and 2024, when it surged 40.57%.
• A 5-year view of Research & Development shows it stood at $221.3 million in 2022, then increased by 9.8% to $243.0 million in 2023, then advanced by 15.35% to $280.3 million in 2024, then rose by 28.8% to $361.0 million in 2025, then dropped by 7.02% to $335.7 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $335.7 million, $361.0 million, and $325.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.