Lucid (LCID) Tax Rate (2020 - 2026)
Lucid (LCID) posted quarterly Tax Rate of 0.02% for Q1 2026, down 39.0% YoY from 0.03% in Q1 2025, and up 92.06% sequentially from 0.22% in Q4 2025.
Lucid (LCID) Tax Rate (2020 - 2026) Analysis & Trends
Lucid has disclosed Tax Rate across 7 years of filings, most recently posting 0.02% for 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 advanced to 0.02% in Q1 2026, from 0.22% in the prior quarter.
- Over the last five years, Tax Rate for LCID reached as high as 0.44% in Q2 2025 and fell as low as 0.4% in Q1 2022.
- The 5-year median for Tax Rate is 0.03% (2024), against an average of 0.01%.
- Annual changes were most pronounced in 2022 — Tax Rate sank 40 bps — and 2025, when it jumped 43 bps.
- A 5-year view of Tax Rate shows it stood at 0.03% in 2022, then plunged by 106 bps to 0.0% in 2023, then tumbled by 6835 bps to 0.15% in 2024, then sank by 46 bps to 0.22% in 2025, then surged by 92 bps to 0.02% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.02%, 0.22%, and 0.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 34.36% |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 12.40% |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 19.18% |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | 0.64% |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 0.48% |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -12.50% |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | 3.79% |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -0.12% |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -0.02% |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn | -43.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.02 |
| Mar 31, 2026 | -0.02 |
| Dec 31, 2025 | -0.22 |
| Dec 31, 2025 | -0.22 |
| Sep 30, 2025 | 0.04 |
| Sep 30, 2025 | 0.04 |
| Jun 30, 2025 | 0.44 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.37 |
| Mar 31, 2025 | 0.37 |
| Dec 31, 2024 | -0.15 |
| Dec 31, 2024 | -0.15 |
| Sep 30, 2024 | -0.05 |
| Sep 30, 2024 | -0.05 |
| Jun 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.01 |
| Mar 31, 2024 | -0.03 |
| Mar 31, 2024 | -0.03 |
| Dec 31, 2023 | 0.00 |
| Dec 31, 2023 | 0.00 |