Lucid (LCID) Tax Rate (2020 - 2026)
Lucid (LCID) posted quarterly Tax Rate of 0.02% for Q1 2026, down 39.0% year-over-year from 0.03% in Q1 2025, and up 92.06% quarter-over-quarter from 0.22% in Q4 2025.
Lucid (LCID) Tax Rate (2020 - 2026) Analysis & Trends
Lucid (LCID) has reported Tax Rate for 7 consecutive years, with 0.02% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 39.0% year-over-year to 0.02%; the TTM figure through Mar 2026 stood at 0.02% (up 1.0% YoY), while the FY2025 annual figure was 0.09%, up 13.0% from the prior year.
- Tax Rate climbed to 0.02% in Q1 2026 per LCID's latest filing, from 0.22% in the prior quarter.
- Across five years, Tax Rate topped out at 0.44% in Q2 2025 and bottomed at 0.4% in Q1 2022.
- Historically, Tax Rate has averaged 0.01% across 5 years, with a median of 0.03% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 40 bps — and 2025, when it jumped 43 bps.
- Lucid's Tax Rate stood at 0.03% in 2022, then tumbled by 106 bps to 0.0% in 2023, then slumped by 6835 bps to 0.15% in 2024, then plunged by 46 bps to 0.22% in 2025, then soared by 92 bps to 0.02% in 2026.
- Business Quant data shows LCID's Tax Rate at 0.02% in Q1 2026, 0.22% in Q4 2025, and 0.04% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | 15.12% |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 20.99% |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | -17.22% |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | 34.97% |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | 13.65% |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | -12.50% |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | 0.64% |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | 0.12% |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | 41.40% |
| 10 | Lucid | 2.68 Bn | 1.92 Bn | -426.73 Mn | -0.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.10% |
| Jun 30, 2026 | -0.10% |
| Jun 30, 2026 | -0.10% |
| Mar 31, 2026 | -0.02% |
| Mar 31, 2026 | -0.02% |
| Mar 31, 2026 | -0.02% |
| Dec 31, 2025 | -0.22% |
| Dec 31, 2025 | -0.22% |
| Dec 31, 2025 | -0.22% |
| Sep 30, 2025 | 0.04% |
| Sep 30, 2025 | 0.04% |
| Sep 30, 2025 | 0.04% |
| Jun 30, 2025 | 0.44% |
| Jun 30, 2025 | 0.44% |
| Jun 30, 2025 | 0.44% |
| Mar 31, 2025 | 0.37% |
| Mar 31, 2025 | 0.37% |
| Mar 31, 2025 | 0.37% |
| Dec 31, 2024 | -0.15% |
| Dec 31, 2024 | -0.15% |