Lucid Q3 revenue rises 4% to $350 million; net loss narrows to $831 million
Lucid reported third quarter 2026 revenue of $350.3 million, up from $336.6 million a year earlier, and a net loss of $830.9 million, down from $978.4 million. Free cash flow consumption fell 30% sequentially to $1.04 billion, and a $1.75 billion increase to the PIF-backed DDTL facility, announced with the results, lifts pro forma liquidity to $3.75 billion. Lucid says this liquidity should fund operations into Q4 2027, through the Midsize production start.
Key points
- Q3 2026 revenue was $350.3 million, up from $336.6 million in Q3 2025; net loss per share was $(2.74) versus $(3.31).
- Free cash flow consumption declined 30% sequentially to $1.04 billion.
- Total liquidity was $2.0 billion at quarter end, or $3.75 billion pro forma for the $1.75 billion DDTL increase.
- Year-to-date cash flow improvement savings reached $0.8 billion against a full-year target of $1.4 billion.
The filing
Written by AI on Nov 9, 2026, 6:16 PM ET, from this filing only.
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