Lucid Group, Inc.

LCIDNASDAQConsumer Cyclical● Active

$5.05

$-0.06(-1.25%)

Market Cap$1.6B

P/E Ratio—

52W High$33.7

52W Low$5.09

Avg Volume14.4M

Open$5.22

Beta0.84

Free Cash Flow Financials Revenue

Lucid Group, Inc. (LCID) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

LCID · free cash flow · updated Jun 8, 2026

Core FCF metrics

LCID · FCF · TTM · margin & CAGR

Free cash flow was −$3.83B for FY2025 (fiscal year ending 2025-12-31), down 31.8% year-over-year The FCF margin was -282.8%.

FY2025 Free Cash Flow−$3.83B▼ -31.8% YoY

Trailing 12M (TTM)−$4.68Btrailing 4 quarters sum

FCF Margin-282.8%−$3.83B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

LCID · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$2.96B(868M)−$3.83B▼ 31.8%-282.8%

FY2024−$2.02B(884M)−$2.90B▲ +14.6%-359.4%

FY2023−$2.49B(911M)−$3.40B▼ 3.0%-571.2%

FY2022−$2.23B(1.07B)−$3.30B▼ 123.1%-542.8%

FY2021−$1.06B(421M)−$1.48B▼ 43.7%—

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

LCID · P/FCF · FCF yield · FCF per share

Lucid Group, Inc. (LCID) reported negative free cash flow of −$3.83B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

LCID · cash flow statement · operating / investing / financing

For FY2025, Lucid Group, Inc. generated −$2.96B in operating cash flow and spent 868M in capital expenditures, yielding −$3.83B in free cash flow.

Operating Activities

−$2.96B

Cash from core business operations

2025-12-31

Investing Activities

+$1.48B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$915.2M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$2.96B) − |CapEx| (868M) = FCF (−$3.83B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

LCID vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Lucid Group, Inc.YOU

LCID

−$3.83B-31.8%-282.8%

Loss

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Lucid Group, Inc. (LCID) reported free cash flow of −$3.83B for FY2025 (fiscal year ending 2025-12-31), down 31.8% year-over-year. The FCF margin was -282.8%.

Lucid Group, Inc. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 7 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

LCID free cash flow · 8 questions

Lucid Group, Inc. free cash flow was −$3.83B for FY2025, down 31.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$4.68B.

LCID free cash flowLCID FCFLCID FCF 2025LCID free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Lucid Group, Inc. · Lucid Group, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026