---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-030509"
form_type: "8-K"
ticker: "LCID"
cik: "0001811210"
company_name: "Lucid Group, Inc."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:30:14.206264+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-030509
- form_type: 8-K
- ticker: LCID
- cik: 0001811210
- company_name: Lucid Group, Inc.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811210/000162828026030509/0001628280-26-030509-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811210/000162828026030509/lcid-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-030509
- JSON: https://secwatch.observer/filing/0001628280-26-030509.json
- Plain text: https://secwatch.observer/filing/0001628280-26-030509.txt

## Source-grounded claims
- claim_id: 0275697bf1f593df4f6c6704649a184297e8b1ec
  claim: Lucid Group, Inc. reported first quarter ended March 31, 2026 results: revenue $282.5 million.
  evidence_excerpt: Generated Q1 2026 revenue of $282.5 million, up 20% compared to Q1 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811210/000162828026030509/0001628280-26-030509-index.htm

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