Lucid Group, Inc. (LCID)

From the record

Lucid Group, Inc.'s filings since 2020 show 7 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2021-10-08); a warning not to rely on past financial statements (8-K item 4.02, the latest 2021-05-14); an auditor change (8-K item 4.01, 2 times, the latest 2023-05-31); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2021-05-17) (its current reports).

From the record

Lucid Group, Inc.'s 4 filed years say what it did: revenue went from $608 million in fiscal 2022 to $1.4 billion in fiscal 2025, up 30.6% a year; it rose in 2 of 3 years; the deepest fall was 2% from fiscal 2022 to fiscal 2023; net income was positive in 0 of 4 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Lucid Group, Inc. lost about 376 cents for every dollar of shareholders' money, and gross profitability: its products earned less than nothing, about minus 15 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 91 cents per dollar of assets, and net share issuance: its share count grew 28.2% over the year (the filed statements).

From the record

Lucid Group, Inc.'s standing among 27 graded names in its industry family: revenue of $1.4 billion in fiscal 2025 ranks in the bottom 47% by size; a net margin of -199.3% ranks in the bottom 20%; revenue growth of 30.6% a year over the last 3 filed years ranks in the top 25% (its annual reports).

From the record

Lucid Group, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Napoli, Silvio (Chief Executive Officer, as filed), filing under that title since 2026-11-09, under a month (bottom 6% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 3.6 years (bottom 5%); 18 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (bottom 5%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Lucid Group, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $1.0 billion against debt of $2.0 billion leaves -12% of its assets as net cash, bottom 24% of its family; cash from operations less capital spending is -280.7% of revenue (bottom 10%); a gross margin of -92.8% (bottom 6%); research spending of 89.5% of revenue (top 6%) (its annual report).

From the record

Lucid Group, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 30.6% a year over the last three filed years against 30.6% over all 4, speeding up (top 46% of its family); the newest year grew 67.6% (top 9%); research spending grew 13.8% a year (top 21%); capital spending grew -6.9% a year (bottom 37%) (its annual reports). Lucid Group, Inc. reported 3 product lines in fiscal 2025: Vehicle Sales From E Vs at $1.2 billion (88%), Regulatory Credits at $96 million (7%), Sale and Leaseback Transactions at $71 million (5%); 2 of 2 grew against the year before (its annual report).

From the record

Lucid Group, Inc.'s newest year against its own record: revenue of $1.4 billion in fiscal 2025 came in 45.4% above the $931 million its prior three years' pace pointed to (top 10% of its family); net income of $2.7 billion against a prior three-year average of $2.3 billion (bottom 40%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 13%) (its annual reports).