Lucid Group annual r&d spending
2019
2020
2021
2022
2023
2024
2025
Lucid Group R&D Spending Growth & History (LCID)
Lucid Group's r&d spending was $1.21B for fiscal 2025.
View full Lucid Group company overviewLucid Group annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.21B | $34.9M | +2.97% |
| 2024 | 2024-12-31 | $1.18B | $239.4M | +25.55% |
| 2023 | 2023-12-31 | $937.0M | $115.5M | +14.06% |
| 2022 | 2022-12-31 | $821.5M | $71.3M | +9.51% |
| 2021 | 2021-12-31 | $750.2M | $239.1M | +46.78% |
| 2020 | 2020-12-31 | $511.1M | $290.9M | +132.09% |
| 2019 | 2019-12-31 | $220.2M | — | — |
Lucid Group quarterly r&d spending
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 | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $321.3M | $47.5M | +17.34% |
| Q1 2026 | 2026-03-31 | $335.7M | $84.4M | +33.60% |
| Q4 2025 | 2025-12-31 | $361.0M | $80.7M | +28.80% |
| Q3 2025 | 2025-09-30 | $325.3M | $934,000 | +0.29% |
| Q2 2025 | 2025-06-30 | $273.8M | −$13.3M | −4.64% |
| Q1 2025 | 2025-03-31 | $251.2M | −$33.4M | −11.73% |
| Q4 2024 | 2024-12-31 | $280.3M | $37.3M | +15.35% |
| Q3 2024 | 2024-09-30 | $324.4M | $93.6M | +40.57% |
| Q2 2024 | 2024-06-30 | $287.2M | $53.7M | +23.00% |
| Q1 2024 | 2024-03-31 | $284.6M | $54.8M | +23.86% |
| Q4 2023 | 2023-12-31 | $243.0M | $21.7M | +9.80% |
| Q3 2023 | 2023-09-30 | $230.8M | $17.0M | +7.95% |
| Q2 2023 | 2023-06-30 | $233.5M | $33.1M | +16.52% |
| Q1 2023 | 2023-03-31 | $229.8M | $43.7M | +23.50% |
| Q4 2022 | 2022-12-31 | $221.3M | $57.7M | +35.26% |
| Q3 2022 | 2022-09-30 | $213.8M | −$28.6M | −11.82% |
| Q2 2022 | 2022-06-30 | $200.4M | $23.6M | +13.34% |
| Q1 2022 | 2022-03-31 | $186.1M | $18.7M | +11.18% |
| Q4 2021 | 2021-12-31 | $163.6M | — | — |
| Q3 2021 | 2021-09-30 | $242.4M | $108.5M | +81.05% |
| Q2 2021 | 2021-06-30 | $176.8M | — | — |
| Q1 2021 | 2021-03-31 | $167.4M | — | — |
| Q3 2020 | 2020-09-30 | $133.9M | — | — |
Lucid Group r&d spending trends
Over the last five fiscal years, Lucid Group's r&d spending increased from $511.1M to $1.21B, a change of $700.3M. The latest reported quarter, Q2 2026, shows $321.3M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lucid Group source filings ↗