LCID Q2 2024 Earnings — Lucid Group, Inc. Revenue & Financial Results | Market Cap Arena

LCIDLucid Group, Inc.

$3B

Q2 2024 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$201M+32.9% YoY

Gross Profit

-$270M-134.5% margin

Operating Income

-$787M-392.6% margin

Net Income

-$643M-320.8% margin

EPS (Diluted)

$-3.42

QoQ Revenue Growth

+16.1%

Cash Flow

Operating Cash Flow

-$507M

Free Cash Flow

-$741M

Stock-Based Comp.

$57M

Balance Sheet

Total Assets

$8.2B

Total Liabilities

$4.7B

Stockholders' Equity

$3.5B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$201M	$151M	+32.9%
Gross Profit	-$270M	-$405M	+33.4%
Operating Income	-$787M	-$838M	+6.0%
Net Income	-$643M	-$764M	+15.8%

Geographic Segments

North America

$155M79%

Middle East

$41M21%