Filing Flows › Lucid Group (LCID) › Q2 2026
Lucid Group (LCID) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Lucid Group (LCID) reported revenue of $405M for the second quarter 2026 (Q2 2026), +56% from a year earlier and +44% from the quarter before. Operating margin was -267.0%, net loss $1.0B (255.3% of revenue).
Lucid Group, Q2 2026: revenue $405M (+56% year over year), operating margin -267.0%, net loss $1.0B, operating cash flow −$1.2B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $405M | +44% | +56% |
| Operating profit | −$1.1B | — | — |
| Net earnings | −$1.0B | — | — |
| Operating cash flow | −$1.2B | — | — |
What changed
Revenue was $405.3M in Q2 2026, up 56% year over year and up 44% from the previous quarter.
Operating costs exceeded revenue by $1,082.2M, an operating margin of -267.0%. Total costs grew 40% against revenue growth of 56%. The fastest-growing cost line was Cost of revenue (+56%). The quarter ended with a net loss of $1,034.9M, wider than the previous quarter's $1,028.3M loss.
Operating cash flow was −$1,222.2M. Non-cash charges added back $122.2M of depreciation and amortization and $46.6M of share-based compensation. Working capital and other items used $356.2M. Capital expenditures of $253.8M exceeded it, leaving free cash flow of −$1,476.1M.
Questions
What was Lucid Group's revenue in the second quarter 2026?
Lucid Group (LCID) reported revenue of $405M for the second quarter 2026 (Q2 2026), +56% from a year earlier and +44% from the quarter before.
Was Lucid Group profitable in the second quarter 2026?
Operating loss was $1.1B (-267.0% of revenue) and net loss $1.0B.
Source: Lucid Group 10-Q on SEC EDGAR.