Lucid Group, Inc. (LCID)
NASDAQ:LCID
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Earnings Data
Report Date
Aug 10, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-2.4Last Year’s EPS
-2.4Same Quarter Last Year
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: strong strategic and financial de-risking actions (expanded Uber partnership, successful $1.05B capital raise, pro forma liquidity of ~$4.7B, production growth, Midsize program progress, and robotaxi milestones) contrasted with severe short-term operational and financial challenges (very negative gross margin of -110.4%, ~ $1.0B net loss, elevated inventory and impairments, a temporary stop sale and suspended guidance). Management emphasized cost reduction, disciplined capital allocation, and execution focus under new leadership, but near-term execution and profitability remain uncertain.Company Guidance
Expanded Uber Robotaxi Partnership
Expanded commitment to at least 35,000 robotaxis (up from 20,000) and increased Uber's investment to $500 million (from $300 million), improving long-term revenue visibility for the robotaxi program.
Successful Capital Raises Strengthen Balance Sheet
Raised approximately $1.05 billion subsequent to quarter end (including $550 million from PIF, $300 million registered offering and $200 million common stock investment from Uber); pro forma total liquidity would have been ~$4.7 billion at quarter end.
Production Growth
Produced 5,500 vehicles in Q1, up 149% year-over-year under the new 'process complete' production definition, improving comparability with peers.
Delivery Momentum and Order Rebound
Delivered 3,093 vehicles in Q1 (flat YoY) with the highest March deliveries in Lucid history (March deliveries +14% YoY) and a North America order intake rebound of +144% in March vs February.
Progress on Midsize (M2) Program
M2 construction and capital equipment installation continued on track for a 2027 ramp; BOM cost position remains favorable and is tracking below initial cost estimates, with expected Midsize starting price below $50,000.
Robotaxi Development Milestones Met
Delivered 75 engineering robotaxi vehicles; Nuro received California DMV driverless testing approval for the Lucid Gravity; production validation builds planned for completion in Q3 and commercial robotaxi sales targeted in early Q4 with a late-2026 launch on track.
Cost Reduction Program Launched
Company-wide aggressive cost reduction initiative underway, including headcount actions targeting ~$500 million of savings over the next three years to improve operating leverage.
Improved Reporting Transparency
Adopted a 'process complete' production reporting methodology to better reflect true quarterly production and reduce shipment-related volatility (no impact on inventory/days-on-hand).
LCID Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LCID Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $6.25 | $6.19 | -0.96% |
Feb 24, 2026 | $9.92 | $10.28 | +3.63% |
Nov 05, 2025 | $17.24 | $17.96 | +4.18% |
Aug 05, 2025 | $24.20 | $21.85 | -9.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Lucid Group, Inc. (LCID) report earnings?
Lucid Group, Inc. (LCID) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).
What is Lucid Group, Inc. (LCID) earnings time?
Lucid Group, Inc. (LCID) earnings time is at Aug 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LCID EPS forecast?
LCID EPS forecast for the fiscal quarter 2026 (Q2) is -2.4.
