Lucid Group, Inc. (LCID) Form 10-Q — Aug 4, 2026
Lucid Group's Q2 2026 revenue rose about 56% year over year to $405.3 million from $259.4 million, led by vehicle sales of $350.6 million and related-party revenue of $96.2 million from the Lucid Air and Gravity programs. Losses widened far faster than revenue: the Q2 net loss more than doubled to $1.03 billion from $539.4 million a year ago (basic EPS of -$3.30 vs -$2.42), and H1 2026 net losses reached $2.06 billion versus $905.6 million in the prior-year period.
Key figures
- Revenue
- 405347000
- Revenue Yoy
- +56% YoY (Q2 2026 $405.3M vs Q2 2025 $259.4M, both stated in filing)
- Cash Position
- 732601000
- Shares Outstanding
- 394070176
- Revenue h1 2026
- 687812000
- Accumulated deficit
- 17673940000
- Ddtl borrowed july 2026
- 800000000
- Ddtl borrowed april 2026
- 500000000
- Series c preferred proceeds
- 550000000
- Ddtl undrawn after july draw
- 1180000000
- Related party revenue q2 2026
- 96188000
- Vehicle sales revenue q2 2026
- 350600000
- Rvg max potential future payments
- 724500000
- Saudi govt receivable concentration
- 83.6% of accounts receivable
- Workforce reduction charges h1 2026
- 71609000
- Inventory and purchase commitment write downs h1 2026
- 527588000
Price after filing
1 day: -5.2%7 days: -17.5%30 days: -42.0%
Close on the filing date to close N calendar days later (from $8.12). Historical, not a forecast.
AI analysis
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