NASDAQ$LCID
Lucid Group Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Lucid reported Q3 revenue of $195.5 million on deliveries of 1,398 vehicles and is on track for annual production guidance.
Lucid Group, Inc. announced financial results for the third quarter ended September 30, 2022. The company reported revenue of $195.5 million driven by customer deliveries of 1,398 vehicles. Lucid ended the quarter with approximately $3.85 billion cash, cash equivalents, and investments.
- Record quarterly production of 2,282 vehicles, more than triple Q2
- On track for annual production guidance of 6,000 to 7,000 vehicles
- Q3 revenue of $195.5M driven by customer deliveries of 1,398 vehicles in the quarter
- Strong demand with over 34,000 reservations, representing potential sales of over $3.2B
Headline financials
Revenue & EPS history
Lucid · Revenue · Quarterly
$195M
Forward guidance
Lucid is on track to achieve its 2022 production target of 6,000-7,000 vehicles and plans to open reservations for Project Gravity SUV in early 2023.
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 Q3 2022
-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% |
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