Operating Income for Lucid Group (LCID)
According to Lucid Group's latest reported financial statements, the company's current operating income (TTM) is -$3.50B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
LCID
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
-$3.50B
YoY change
+15.9%
5Y CAGR
N/A
Peak year (2019)
-$257.93M
Cumulative operating income
-$14.60B
Operating Income history chart for Lucid Group (LCID) from 2019 to 2025
Operating Income history table for Lucid Group (LCID) from 2019 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | -$3.50B | +15.9% | ||
| 2024 | -$3.02B | -2.5% | ||
| 2023 | -$3.10B | +19.5% | ||
| 2022 | -$2.59B | +69.5% | ||
| 2021 | -$1.53B | +155.4% | ||
| 2020 | -$599.23M | +132.3% | ||
| 2019 | -$257.93M | — |
Operating Income 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
2025's annual operating income for Lucid Group (LCID) came in at -$3.50B – grew 15.9% year-over-year.
2019 marks the peak operating income at -$257.93M, with the historical low of -$3.50B recorded in 2025.
Among 8 Consumer Cyclical peers, Lucid Group (LCID) ranks 9th; the peer median for operating income is $16.64B.
Lucid Group Operating Income by Year
Lucid Group Operating Income 2025: -$3.50B
Lucid Group operating income in 2025 was -$3.50B, grew 15.9% from 2024. This figure represents the lowest annual value in the available history.
Lucid Group Operating Income 2024: -$3.02B
Lucid Group operating income in 2024 was -$3.02B, edged down 2.5% below 2023.
Lucid Group Operating Income 2023: -$3.10B
Lucid Group operating income in 2023 was -$3.10B, grew 19.5% from 2022.
Lucid Group Operating Income 2022: -$2.59B
Lucid Group operating income in 2022 was -$2.59B, surged 69.5% from 2021.
Lucid Group Operating Income 2021: -$1.53B
Lucid Group operating income in 2021 was -$1.53B.
See more financial history for Lucid Group (LCID).
Sector peers — Operating Income
Companies in the same sector as Lucid Group, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is Lucid Group's operating income?
Latest reported operating income for Lucid Group (LCID) is -$3.50B (period ending December 31, 2025).
How has Lucid Group operating income changed year-over-year?
Lucid Group (LCID) operating income changed +15.9% year-over-year on the latest annual filing.
When did Lucid Group operating income hit its highest annual value?
Lucid Group operating income reached its highest annual value of -$257.93M in 2019.
What was Lucid Group operating income in 2024?
Lucid Group (LCID) operating income in 2024 was -$3.02B.
What was Lucid Group operating income in 2025?
Lucid Group (LCID) operating income in 2025 was -$3.50B.
Metrics overview
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LCID Overview
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