---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-007723"
form_type: "8-K"
ticker: "LCID"
cik: "0001811210"
company_name: "Lucid Group, Inc."
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T04:53:58.884976+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lucid Q4 revenue $234.5M, deliveries up 79% YoY; CEO Rawlinson steps down, 2025 guidance 20k vehicles

## Summary
- Q4 revenue $234.5M, full year revenue $807.8M; GAAP net loss per share $(0.22) Q4, $(1.25) FY; non-GAAP $(0.22) Q4, $(1.04) FY
- Q4 deliveries 3,099 (+79% YoY), full year deliveries 10,241 (+71% YoY); 2025 production guidance ~20,000 vehicles
- CEO transition: Peter Rawlinson steps down, becomes Strategic Technical Advisor; COO Marc Winterhoff appointed Interim CEO
- Credit facility with Gulf International Bank renewed and increased to SAR 1.9B (~$507M) from SAR 1.0B, maturing Feb 2028
- Total liquidity $6.13B at quarter end

## SEC filing metadata
- accession: 0001628280-25-007723
- form_type: 8-K
- ticker: LCID
- cik: 0001811210
- company_name: Lucid Group, Inc.
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811210/000162828025007723/0001628280-25-007723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811210/000162828025007723/lcid-20250225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-007723
- JSON: https://secwatch.observer/filing/0001628280-25-007723.json
- Plain text: https://secwatch.observer/filing/0001628280-25-007723.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.