LCIDLucid Group, Inc.
Is the business good?
The checks split: margins widening, but 2 of 9 health tests passed.
Weak, deteriorating fundamentals. Nine pass/fail tests of year-over-year health from the filings.
Operating margin has widened over the past few years, the business is getting more profitable per dollar of sales.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is LCID?
Lucid Group, Inc. keeps −264% of every revenue dollar as operating profit, against −3.6% for the median Auto Manufacturers name.
Operating margin · Auto Manufacturers median −3.6% · 12 months to Q2 2026
- Share count, year on year
- +25%
Share count, year on year · shareholders own a smaller slice than a year ago
- R&D as % of revenue
- 87%
R&D as % of revenue
- Gross margin
- −97%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −15071% |
| FY2021 | −5645% |
| FY2022 | −427% |
| FY2023 | −521% |
| FY2024 | −374% |
| FY2025 | −259% |
Details›
- Gross margin12 months to Q2 2026
- −97%
- Operating margin12 months to Q2 2026
- −264%
- Net margin12 months to Q2 2026
- −249%
- Free cash flow margin
- −330%
- R&D as % of revenue
- 87%
- Revenue, trailing twelve months
- $1.55B
- Free cash flow, trailing twelve months
- −$5.11B
- Net income, trailing twelve months
- −$3.86B
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Auto Manufacturers
Ranks #10 of 10 by RyuScore