NASDAQ$LCID

Lucid Group Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Lucid's Q4 2023 financial results were announced, revealing vehicle production and deliveries, as well as revenue and liquidity updates.

Lucid Group, Inc. announced Q4 revenue of $157.2 million. The company produced 2,391 vehicles and delivered 1,734 vehicles during the quarter, ending with approximately $4.78 billion in total liquidity.

  • Delivered 1,734 vehicles in Q4.
  • Produced 2,391 vehicles in Q4.
  • Q4 revenue was $157.2 million.
  • Ended the quarter with approximately $4.78 billion of total liquidity.

Headline financials

Total Revenue

$157M

Previous: $258M-39.0%
EPS (adj)

-$0.29

Previous: -$0.28-3.6%
Vehicles Delivered

1.7K

Previous: 1.9K-10.2%
Vehicles Produced

2.4K

Previous: 3.5K-31.5%
Capital Expenditures

-$273M

Previous: $290M-194.1%
Net Income

-$654M

Previous: -$473M-38.3%
Operating Income

-$737M

Previous: -$750M+1.7%
Gross Profit

-$320M

Previous: -$358M+10.4%
R&D Expense

$243M

No prior period
Stock-Based Comp

$63.9M

Previous: $71.3M-10.4%

Revenue & EPS history

Lucid · Revenue · Quarterly

$157M

Q4 2023-39%vs Q4 2022
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

Lucid anticipates producing approximately 9,000 vehicles in 2024.

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 2023

Historical avgQ4 2023

-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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