Lucid Q1 revenue $282.5M (+20% YoY); production up 149%; raises $1.05B capital

Lucid Group, Inc.

2026-Q1 EPS reported -$3.46 revenue$282,465,000

Revenue $282.5M (+20% YoY); produced 5,500 vehicles (+149%), delivered 3,093.
Raised ~$1.05B: $550M convertible preferred from PIF, $300M common stock, $200M from Uber.
Increased PIF delayed draw term loan by $500M to $2.0B undrawn capacity; pro forma liquidity ~$4.7B.
Named Silvio Napoli as next CEO; expanded Uber robotaxi partnership to 35,000 vehicles.
Supplier issue affected February Gravity deliveries, resolved; March deliveries up 14% YoY.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Lucid Group, Inc. reported first quarter ended March 31, 2026 results: revenue $282.5 million.

Period: first quarter ended March 31, 2026
Revenue: $282.5 million
Result: reported results

Exact text from the filing

Generated Q1 2026 revenue of $282.5 million, up 20% compared to Q1 2025

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20 earnings releases filed in the last 30 days. Browse all earnings releases →

Lucid Group, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-26-030509

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