Lucid Group, a leading company in electric vehicles, announced its fourth-quarter and full-year results on Tuesday. The company saw a significant increase in revenue during the quarter, which more than doubled to $522.7 million from last year’s $234.5 million. However, it reported a wider net loss of $1.17 billion compared to $636.9 million in the same period.
For the full year 2025, Lucid Group’s revenue rose to $1.35 billion, surpassing last year’s figure of $807.8 million. Despite this growth, the company’s net loss narrowed slightly to $3.79 billion, down from $3.06 billion in 2024.
The stock price closed at $9.45, falling 4.74% due to the recent news.
Source: https://www.nasdaq.com/articles/lucid-group-reports-higher-q4-revenue