Gross Profit for Lucid Group (LCID)
According to Lucid Group's latest reported financial statements, the company's current gross profit (TTM) is -$1.26B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

LCID
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
-$1.26B
YoY change
+36.1%
5Y CAGR
N/A
Peak year (2020)
$906,000
Cumulative gross profit
-$4.68B
Gross Profit history chart for Lucid Group (LCID) from 2019 to 2025
Gross Profit history table for Lucid Group (LCID) from 2019 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | -$1.26B | +36.1% | ||
| 2024 | -$923.11M | -31.2% | ||
| 2023 | -$1.34B | +29.2% | ||
| 2022 | -$1.04B | +712.2% | ||
| 2021 | -$127.79M | -14204.4% | ||
| 2020 | $906,000 | +36.4% | ||
| 2019 | $664,000 | — |
Gross Profit values are taken from Lucid Group's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Lucid Group (LCID) gross profit totalled -$1.26B – surged 36.1% year-over-year.
Lucid Group gross profit peaked at $906,000 in 2020; the latest annual figure is -$1.26B in 2025 (138774.0% below peak).
$906,000 stands as the all-time-high annual gross profit, posted in 2020, against a low of -$1.34B during 2023.
Within Consumer Cyclical, Lucid Group (LCID) ranks 9th among 8 peers we track. The peer median for gross profit is $40.89B.
Lucid Group Gross Profit by Year
Lucid Group Gross Profit 2025: -$1.26B
Lucid Group gross profit in 2025 was -$1.26B, surged 36.1% from 2024.
Lucid Group Gross Profit 2024: -$923.11M
Lucid Group gross profit in 2024 was -$923.11M, plunged 31.2% below 2023.
Lucid Group Gross Profit 2023: -$1.34B
Lucid Group gross profit in 2023 was -$1.34B, grew 29.2% from 2022. This figure represents the lowest annual value in the available history.
Lucid Group Gross Profit 2022: -$1.04B
Lucid Group gross profit in 2022 was -$1.04B, surged 712.2% from 2021.
Lucid Group Gross Profit 2021: -$127.79M
Lucid Group gross profit in 2021 was -$127.79M.
See more financial history for Lucid Group (LCID).
Sector peers — Gross Profit
Companies in the same sector as Lucid Group, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $398.06B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $360.51B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $236.42B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $54.87B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $26.92B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $18.69B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $17.09B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $15.44B | Consumer Cyclical |
Frequently asked questions
What is Lucid Group's gross profit?
Latest reported gross profit for Lucid Group (LCID) is -$1.26B (period ending December 31, 2025).
How has Lucid Group gross profit changed year-over-year?
Lucid Group (LCID) gross profit changed +36.1% year-over-year on the latest annual filing.
When did Lucid Group gross profit hit its highest annual value?
Lucid Group gross profit reached its highest annual value of $906,000 in 2020.
What was Lucid Group gross profit in 2024?
Lucid Group (LCID) gross profit in 2024 was -$923.11M.
What was Lucid Group gross profit in 2025?
Lucid Group (LCID) gross profit in 2025 was -$1.26B.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
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LCID Overview
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