NASDAQ$LCID

Lucid Group Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Announced fourth quarter and full year 2022 financial results and exceeded annual production guidance.

Lucid Group, Inc. reported Q4 revenue of $257.7 million and produced 3,493 vehicles during the quarter. The company ended the quarter with approximately $4.9 billion in total liquidity.

  • Produced 3,493 vehicles in Q4, up 53 percent sequentially.
  • Produced 7,180 vehicles in 2022, exceeding annual production guidance of 6,000 to 7,000 vehicles.
  • Q4 revenue of over $257M and annual revenue of over $608M.
  • Ended the quarter with approximately $4.9B total liquidity.

Headline financials

Total Revenue

$258M

Previous: $26.4M+876.5%
EPS (adj)

-$0.28

Previous: -$0.64+56.3%
Vehicles Delivered

1.9K

Previous: 125+1445.6%
Vehicles Produced

3.5K

No prior period
Capital Expenditures

$290M

Previous: $122M+137.8%
Free Cash Flow

-$938M

Previous: -$435M-115.9%
Net Income

-$473M

Previous: -$1.05B+54.8%
Operating Income

-$750M

Previous: -$486M-54.4%
Gross Profit

-$358M

Previous: -$125M-185.9%
Cash & Equivalents

$1.74B

Previous: $6.26B-72.3%
Total Assets

$7.88B

Previous: $7.88B-0.0%
Stock-Based Comp

$71.3M

Previous: $151M-52.7%

Revenue & EPS history

Lucid · Revenue · Quarterly

$258M

Q4 2022+876.5%vs Q4 2021
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

Lucid anticipates producing 10,000 to 14,000 vehicles in 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 Q4 2022

Historical avgQ4 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

Earnings price reactions
QuarterReport dateReaction (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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