Lucid Group annual operating expenses
2019
2020
2021
2022
2023
2024
2025
Lucid Group Operating Expenses Growth & History (LCID)
Lucid Group's operating expenses was $4.86B for fiscal 2025.
View full Lucid Group company overviewLucid Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.86B | $1.03B | +26.82% |
| 2024 | 2024-12-31 | $3.83B | $133.8M | +3.62% |
| 2023 | 2023-12-31 | $3.69B | $492.7M | +15.39% |
| 2022 | 2022-12-31 | $3.20B | $1.64B | +105.59% |
| 2021 | 2021-12-31 | $1.56B | $954.4M | +158.21% |
| 2020 | 2020-12-31 | $603.2M | $340.7M | +129.77% |
| 2019 | 2019-12-31 | $262.5M | — | — |
Lucid Group quarterly operating expenses
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.49B | $425.0M | +40.00% |
| Q1 2026 | 2026-03-31 | $1.27B | $345.0M | +37.21% |
| Q4 2025 | 2025-12-31 | $1.59B | $620.1M | +64.09% |
| Q3 2025 | 2025-09-30 | $1.28B | $308.0M | +31.74% |
| Q2 2025 | 2025-06-30 | $1.06B | $74.5M | +7.54% |
| Q1 2025 | 2025-03-31 | $927.0M | $24.3M | +2.69% |
| Q4 2024 | 2024-12-31 | $967.4M | $73.4M | +8.21% |
| Q3 2024 | 2024-09-30 | $970.6M | $79.9M | +8.97% |
| Q2 2024 | 2024-06-30 | $988.0M | −$561,000 | −0.06% |
| Q1 2024 | 2024-03-31 | $902.7M | −$18.9M | −2.05% |
| Q4 2023 | 2023-12-31 | $894.0M | −$113.4M | −11.26% |
| Q3 2023 | 2023-09-30 | $890.7M | $7.7M | +0.87% |
| Q2 2023 | 2023-06-30 | $988.6M | $332.0M | +50.57% |
| Q1 2023 | 2023-03-31 | $921.6M | $266.4M | +40.66% |
| Q4 2022 | 2022-12-31 | $1.01B | $246.3M | +32.36% |
| Q3 2022 | 2022-09-30 | $883.0M | $385.7M | +77.56% |
| Q2 2022 | 2022-06-30 | $656.5M | $656.5M | +65653400.00% |
| Q1 2022 | 2022-03-31 | $655.2M | $356.1M | +119.05% |
| Q4 2021 | 2021-12-31 | $761.2M | — | — |
| Q3 2021 | 2021-09-30 | $497.3M | $496.9M | +149491.34% |
| Q2 2021 | 2021-06-30 | $1,000 | $0 | 0.00% |
| Q1 2021 | 2021-03-31 | $299.1M | — | — |
| Q3 2020 | 2020-09-30 | $332,427 | — | — |
| Q2 2020 | 2020-06-30 | $1,000 | — | — |
Lucid Group operating expenses trends
Over the last five fiscal years, Lucid Group's operating expenses increased from $603.2M to $4.86B, a change of $4.25B. The latest reported quarter, Q2 2026, shows $1.49B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lucid Group source filings ↗