Lucid (LCID) Work In Process (2020 - 2026)

Lucid (LCID) posted quarterly Work In Process of $322.1 million for Q1 2026, up 276.44% year-over-year from $85.6 million in Q1 2025, and up 119.74% quarter-over-quarter from $146.6 million in Q4 2025.

Lucid (LCID) Work In Process (2020 - 2026) Analysis & Trends

Lucid (LCID) has reported Work In Process for 7 consecutive years, with $322.1 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Work In Process rose 276.44% year-over-year to $322.1 million; the TTM figure through Mar 2026 stood at $322.1 million (up 276.44% YoY), while the FY2025 annual figure was $146.6 million, up 300.17% from the prior year.
  • Work In Process rose to $322.1 million in Q1 2026 per LCID's latest filing, from $146.6 million in the prior quarter.
  • Across five years, Work In Process topped out at $322.1 million in Q1 2026 and bottomed at $34.3 million in Q4 2022.
  • Historically, Work In Process has averaged $93.3 million across 5 years, with a median of $68.2 million in 2024.
  • Annual changes were most pronounced in 2022 — Work In Process jumped 315.23% — and 2023, when it slumped 55.5%.
  • Lucid's Work In Process stood at $34.3 million in 2022, then surged by 55.13% to $53.2 million in 2023, then plunged by 31.19% to $36.6 million in 2024, then jumped by 300.17% to $146.6 million in 2025, then surged by 119.74% to $322.1 million in 2026.
  • Business Quant data shows LCID's Work In Process at $322.1 million in Q1 2026, $146.6 million in Q4 2025, and $239.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn
10 Lucid 2.68 Bn 1.92 Bn -426.73 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 268.42 Mn
Mar 31, 2026 322.08 Mn
Dec 31, 2025 146.58 Mn
Sep 30, 2025 239.08 Mn
Jun 30, 2025 89.88 Mn
Mar 31, 2025 85.56 Mn
Dec 31, 2024 36.63 Mn
Sep 30, 2024 70.25 Mn
Jun 30, 2024 68.20 Mn
Mar 31, 2024 57.90 Mn
Dec 31, 2023 53.23 Mn
Sep 30, 2023 96.88 Mn
Jun 30, 2023 46.16 Mn
Mar 31, 2023 44.02 Mn
Dec 31, 2022 34.31 Mn
Sep 30, 2022 49.38 Mn
Jun 30, 2022 103.72 Mn
Mar 31, 2022 43.08 Mn
Dec 31, 2021 30.64 Mn
Sep 30, 2021 11.89 Mn