NASDAQ$LCID
Lucid Group Inc · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
Lucid Group reported Q1 2026 total revenue of $282.5M (+20% YoY) and a net loss of $1.03B ($3.46 per share).
For the quarter ended March 31, 2026, Lucid delivered total revenue of $282.5 million versus $235.0 million and a net loss of $1.03 billion ($3.46 per share) compared with a $366.2 million loss. Vehicle deliveries and Middle East revenue grew; cost of revenue included large LCNRV and warranty charges. Cash runway and production ramp remain investor focus areas.
- Total revenue $282.5M (+20% YoY).
- Net loss $1.03B; loss per share $3.46.
- North America revenue $232.8M; Middle East $42.2M.
- LCNRV and warranty costs $257M combined.
- EV startup scaling Gravity and Air lines.
Headline financials
Revenue & EPS history
Lucid · Revenue · Quarterly
$282M
Forward guidance
EV maker discusses production targets, deliveries, and liquidity without profitable EPS guide.
Tailwinds
- Revenue growth on higher deliveries.
- Middle East expansion.
Headwinds
- Very large quarterly cash loss.
- Inventory and pricing pressure.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2026
-2.8%
Avg return
Earnings day
-3.6%
Avg return
5 days after
-7.7%
Avg return
30 days after
30%
7 / 23 earnings
Positive
+26.4%
Q3 2021
Best reaction
-19.1%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.6% | -4.9% | -14.6% | |
| Q4 2025 | +2.1% | +1.1% | -5.2% | |
| Q3 2025 | +4.9% | -1.5% | -22.2% | |
| Q1 2025 | -3.0% | +12.4% | -7.7% | |
| Q4 2024 | -13.4% | -18.8% | -11.1% | |
| Q3 2024 | +3.8% | +0.5% | +8.0% | |
| Q2 2024 | -1.0% | +2.2% | +22.4% | |
| Q1 2024 | -6.1% | -4.5% | +0.2% | |
| Q4 2023 | -16.3% | -14.4% | -24.7% | |
| Q3 2023 | -8.6% | -12.0% | +3.7% | |
| Q2 2023 | +8.6% | +0.3% | -7.3% | |
| Q1 2023 | -5.8% | -8.9% | -17.2% | |
| Q4 2022 | -11.2% | -11.5% | -17.3% | |
| Q3 2022 | -19.1% | -6.8% | -37.3% | |
| Q2 2022 | -5.9% | -5.1% | -23.2% | |
| Q1 2022 | -10.4% | -21.3% | -7.8% | |
| Q4 2021 | -5.2% | -14.1% | +0.6% | |
| Q4 2019 | -15.8% | -8.6% | -6.1% | |
| Q3 2021 | +26.4% | +25.7% | -7.1% | |
| Q2 2021 | -3.9% | -7.7% | -15.2% | |
| Q1 2021 | +19.5% | +21.5% | +40.6% | |
| Q4 2020 | +2.8% | -6.3% | -29.9% | |
| Q3 2020 | -0.2% | -0.3% | +2.1% |
Discussion
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