LCIDLucid Group, Inc.
Motor Vehicles & Passenger Car Bodies
- Revenue
- $1.4B
- 68% YoY
- Operating margin
- -258.7%
- 31% YoY
- EBITDA
- −$3.1B
- 12% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $2.5B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired20% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $27M | $608M | $595M | $808M | $1.4B | 68% |
| Operating income | −$1.5B | −$2.6B | −$3.1B | −$3.0B | −$3.5B | 16% |
| Net income | −$2.6B | −$1.3B | −$2.8B | −$2.7B | −$2.7B | 0.6% |
| Operating cash flow | −$1.1B | −$2.2B | −$2.5B | −$2.0B | −$2.9B | 45% |
| Capex | $421M | $1.1B | $911M | $884M | $868M | 1.8% |
| Stock-based comp | $517M | $424M | $257M | $286M | $271M | 5.1% |
| Buybacks | $21M | $0 | $0 | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $4K · 1
- Net
- −$4K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 4 | 237 |
| FY2024 | — | — | 12 | 224 |
| FY2023 | — | — | 17 | 162 |
| FY2022 | — | — | 28 | 79 |
| FY2021 | — | — | 157 | 110 |