LCID Q3 2024 Earnings — Lucid Group, Inc. Revenue & Financial Results | Market Cap Arena

LCIDLucid Group, Inc.

$3B

Q3 2024 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$200M+45.2% YoY

Gross Profit

-$213M-106.2% margin

Operating Income

-$771M-385.2% margin

Net Income

-$992M-496.1% margin

EPS (Diluted)

$-4.10

QoQ Revenue Growth

-0.3%

Cash Flow

Operating Cash Flow

-$463M

Free Cash Flow

-$622M

Stock-Based Comp.

$88M

Balance Sheet

Total Assets

$8.5B

Total Liabilities

$5.8B

Stockholders' Equity

$2.7B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$200M	$138M	+45.2%
Gross Profit	-$213M	-$332M	+36.0%
Operating Income	-$771M	-$753M	-2.3%
Net Income	-$992M	-$631M	-57.3%

Geographic Segments

North America

$147M75%

Middle East

$50M25%