Flagship explainer

How Lucid Group, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$1.4B · 100%Cost of revenue$2.6B · 193%Gross profit−$1.3B · −93%Operating income−$3.5B · −259%Income before tax−$2.7B · −199%Income tax−$2.3M · −0%Net income−$2.7B · −199%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$1.4B100%
Cost of revenue$2.6B193%
−$1.3B−93%
−$3.5B−259%
Income before tax−$2.7B−199%
Income tax−$2.3M−0%
−$2.7B−199%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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