Lucid Reports Record Deliveries and Revenue in 2025, Projects Growth in 2026
Lucid Motors delivered 15,841 vehicles in 2025, up 55% year-over-year, and reported annual revenue of $1.35 billion, a 68% increase.
15,841
$1.35 billion
25,000 – 27,000 vehicles
What Happened
Lucid Group announced fourth quarter and full year 2025 financial results, highlighting record deliveries and revenue. The company delivered 5,345 vehicles in Q4 and 15,841 for the full year, a 72% and 55% increase respectively over 2024. Revenue reached $522.7 million in Q4 and $1.3538 billion for the year, up 123% and 68%. Lucid ended 2025 with approximately $4.6 billion in total liquidity and provided 2026 production guidance of 25,000 to 27,000 vehicles.
15,841vehicles
Up 55% from 2024, with eighth consecutive quarter of record deliveries.
$1.35 billionUSD
Up 68% year-over-year, driven by higher vehicle sales.
“2025 was all about execution and strategy adjustment to set Lucid up for long-term success. Against a challenging macro backdrop, we nearly doubled production, gained market share, reduced unit costs, and strengthened our financial position.”
Why this matters
The results show Lucid's progress toward profitability and scale, with strong demand for its electric luxury vehicles despite supply chain challenges.
Terms in This Story
- liquidity
- The amount of cash and easily sellable assets a company has to meet short-term obligations.
- production guidance
- A company's estimate of the number of vehicles it expects to manufacture in a future period.
- GAAP
- Generally Accepted Accounting Principles, a common set of accounting rules for financial reporting.
- revenue
- The total income a company generates from its normal business operations, usually from sales of goods or services.
Summarised from the linked release; details can be imperfect — always verify against the original source.