Lucid Group reports Q3 revenue of $336.6 million and net loss per share of $3.31

Reuters
Yesterday
Lucid Group reports Q3 revenue of $336.6 million and net loss per share of $3.31

Lucid Group Inc. reported record quarterly revenue of $336.6 million for the third quarter of 2025, reflecting a 47% year-over-year growth in deliveries compared to Q3 2024. The company posted a GAAP diluted net loss per share of $(3.31) and a non-GAAP diluted net loss per share of $(2.65). Net cash used in operating activities for the quarter was $756.7 million. Lucid ended the quarter with approximately $3.0 billion in cash, cash equivalents, investments, and equity securities. Key business developments included the start of production for the midsize platform scheduled for late 2026 and the closing of a $300 million strategic investment from Uber.

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