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Companies / Consumer Discretionary / Lucid Group, Inc.
LCID

Lucid Group, Inc.

Consumer DiscretionaryMotor Vehicles
Ticker LCIDNEWARK, CAFiscal year ends DecemberBook value per share $-2.98Diluted shares 355.3M

Lucid Group, Inc. (NASDAQ: LCID) is a technology company shaping the future of sustainable mobility through the design, development, and manufacture of advanced electric vehicles and proprietary powertrain systems. The company's website is www.lucidmotors.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.35B
+67.6% year over year
Last 12 mo $1.55B
-258.66%
+115.3 percentage points
Last 12 mo -263.61%
$-2.70B
+0.6% year over year
Last 12 mo $-3.86B
-376.15%
−306.6 percentage points
Last 12 mo 364.44%
Cash & financing
$-2.93B
−45.2% year over year
Last 12 mo $-4.08B
$-3.80B
−30.9% year over year
Last 12 mo $-5.11B
4.08
Was 0.70× a year earlier
Last 12 mo -3.33
313.4M
−87.2% year over year
Last 12 mo 355.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Lucid Group, Inc. does

In the company’s own words

Lucid Group, Inc. (NASDAQ: LCID) is a technology company shaping the future of sustainable mobility through the design, development, and manufacture of advanced electric vehicles and proprietary powertrain systems. The company's website is www.lucidmotors.com.

Lucid manufactures two primary vehicle offerings: the Lucid Air sedan and the Lucid Gravity SUV, both featuring proprietary in-house developed technology including advanced battery systems, integrated electric drive units, and software-defined vehicle architecture. The company is developing a Midsize platform scheduled to begin production in late 2026, targeting higher-volume market segments. Lucid vehicles are assembled at Advanced Manufacturing Plant-1 in Casa Grande, Arizona, which has 90,000 units of annual installed capacity following 2024 expansion activities. The company also operates Advanced Manufacturing Plant-2 in Saudi Arabia, which commenced semi knocked-down assembly operations in 2023 with 5,000 units of annual capacity and is undergoing expansion to add 150,000 units of completely-built-up production capacity.

The company operates a vertically integrated business model encompassing design, engineering, manufacturing, and direct-to-consumer sales through 62 Studios and service centers globally as of December 31, 2025, distributed across North America, Europe, and the Middle East. Lucid's competitive strengths include revolutionary powertrain technology delivering industry-leading range and charging speeds, software-defined vehicles with over-the-air update capabilities, and advanced driver assistance systems through its DreamDrive platform.

Beyond vehicle sales, Lucid has established strategic partnerships to expand its technology reach. The company entered the robotaxi market through a partnership with Uber and Nuro announced in 2025, with plans to deploy a minimum of 20,000 autonomous vehicles. Additionally, Lucid supplies powertrain and battery technology to Aston Martin under a strategic technology arrangement established in 2023.

The company is controlled by Ayar Third Investment Company, an affiliate of Saudi Arabia's Public Investment Fund, which has made significant equity investments through Series A and Series B Redeemable Convertible Preferred Stock purchases. Lucid's technology platform emphasizes vertical integration, in-house innovation, and the proprietary Lucid Space Concept, which enables class-leading interior space within a compact exterior footprint.

Company details
Sector
Consumer Discretionary
Industry
Motor Vehicles
Headquarters
NEWARK, CA
Fiscal year end
December
CIK
1811210
SIC
3711

Financial performance, year by year

Fiscal 2021–2025 · USD
$-4.40B$-2.78B$-1.15B$466.57M$2.09B20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Lucid Group, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

164
funds hold it
0 of 35
superinvestors hold it
$213.79M
held by funds, at market
8.2%
of shares held by funds
3
bond issues held by funds

Largest fund holders · Lucid Group, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.03%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Lucid Group, Inc.’s bonds, as funds hold them

Funds report holding 3 issues of Lucid Group, Inc.’s debt, $102.82M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.14%, maturing 2026 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Lucid Group, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Lucid Group, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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