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Lucid Group (LCID) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 9, 2026

Lucid Group (LCID) reported revenue of $350M for the third quarter 2026 (Q3 2026), +4% from a year earlier and -14% from the quarter before. Operating margin was -244.8%, net loss $831M (237.2% of revenue).

Revenue$350M
Year over year+4%
Quarter over quarter-14%
Operating margin-244.8%
Net earnings−$831M

Lucid Group, Q3 2026: revenue $350M (+4% year over year), operating margin -244.8%, net loss $831M, operating cash flow −$753M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$350M-14%+4%
Operating profit−$858M——
Net earnings−$831M——
Operating cash flow−$753M——

What changed

Revenue was $350.3M in Q3 2026, up 4% year over year and down 14% from the previous quarter.

Operating costs exceeded revenue by $857.6M, an operating margin of -244.8%. Total costs fell 6% while revenue rose 4%. The quarter ended with a net loss of $830.9M, narrower than the previous quarter's $1,034.9M loss.

Operating cash flow was −$752.6M. Non-cash charges added back $122.5M of depreciation and amortization and $36.6M of share-based compensation. Working capital and other items used $80.9M. Capital expenditures of $287.1M exceeded it, leaving free cash flow of −$1,039.7M.

Questions

What was Lucid Group's revenue in the third quarter 2026?

Lucid Group (LCID) reported revenue of $350M for the third quarter 2026 (Q3 2026), +4% from a year earlier and -14% from the quarter before.

Was Lucid Group profitable in the third quarter 2026?

Operating loss was $858M (-244.8% of revenue) and net loss $831M.

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Source: Lucid Group 10-Q on SEC EDGAR.