Lucid Group LCID
Lucid Group reports $830.86 million net loss
Lucid Group (LCID) filed a 10-Q with the SEC on Nov 9, 2026, 4:19 pm ET. Source: the filing on SEC EDGAR.
Quarterly report, 7 new risk factors
- Form
- 10-Q
- Filed
- Importance
- Major
- Accession
- 0001628280-26-072216
- Revenue: $350.32 million for the three months ended Sep 30, 2026
- Net loss: $830.86 million for the three months ended Sep 30, 2026
- Diluted EPS: -$2.74 for the three months ended Sep 30, 2026
- Cash and equivalents: $930.74 million at Sep 30, 2026
Written from the 10-Q on EDGAR. AI can make mistakes. Check the filing.
What changed since last quarter
7 new risk factors · 4 removed
Compared with the 10-Q for the period ended Jun 30, 2026.
| This filing | Previous | Change vs prior 10-Q | |
|---|---|---|---|
| Revenue | $350.32M | $405.35M | −14% |
| Operating income and margin | −$857.59M · -244.8% | −$1.08B · -267% | +21%, margin +22.2 pts |
| Net income | −$830.86M | −$1.04B | +20% |
| Operating cash flow | −$752.64M | −$1.22B | +38% |
| Cash | $930.74M | $732.6M | +27% |
New risk factors (7)
- We also have limited experience to date in high volume manufacturing of our vehicles. We cannot assure our investors that we will be able to develop and implement efficient, automated, low-cost manufacturing capabilities and processes, and reliable sources of component supply that will enable us to meet the desired… +2 more paragraphs
- •political instability, natural disasters, pandemics, wars, military actions, global or regional conflicts or other geopolitical events (including ongoing military operations in the Gulf region and the broader Middle East, as well as escalating hostilities affecting Saudi Arabia, such as missile and drone attacks…
- We benefit from government and economic programs in the U.S. and abroad that encourage the development, manufacture or purchase of EVs, such as ZEV credits, production tax credits, GHG credits and similar regulatory credits, the loss of which has and may continue to harm our ability to generate revenue from the sale…
- We have taken measures designed to prevent unauthorized access, control, manipulation, interruption or compromise to our information technology systems, networks or data (including personal data) and plan to identify additional measures as we grow. Our cybersecurity risk management processes, controls and program…
- Further, the current U.S. administration has imposed tariffs on goods imported from China on top of existing tariffs, and has expanded its export and transfer restrictions on foreign companies and subsidiaries involving sensitive technology, which has resulted in uncertainty regarding the future of international…
- and 2 more in the filing
Removed risk factors (4)
- We also have limited experience to date in high volume manufacturing of our vehicles. We cannot assure our investors that we will be able to develop and implement efficient, automated, low-cost manufacturing capabilities and processes, and reliable sources of component supply that will enable us to meet the desired…
- •political instability, natural disasters, pandemics, wars, military actions, global or regional conflicts or other geopolitical events (including the military operations in the Gulf region and the Middle East, and the potential escalation and broadening of the conflict in Iran, each of which affect global energy…
- We benefit from government and economic programs in the U.S. and abroad that encourage the development, manufacture or purchase of EVs, such as ZEV credits, production tax credits, GHG credits and similar regulatory credits, the loss of which has and may continue to harm our ability to generate revenue from the sale…
- Our warrants are accounted for as liabilities and the changes in value of our warrants could have a material effect on our financial results. +1 more paragraph