Lucid Group provides preliminary Q1 2025 results and vehicle production update

Lucid Group, Inc. (Nasdaq: LCID) announced preliminary financial and operational results for the first quarter ended March 31, 2025. The company estimates revenue between $232 million and $236 million, with cash, cash equivalents, and investments totaling between $4.485 billion and $4.560 billion at quarter-end.

Lucid’s total liquidity stood at approximately $5.7 billion, factoring in available credit under its DDTL, ABL, and GIB facilities and its investment in Aston Martin. Long-term debt remained at $2.003 billion.

The company produced 2,212 vehicles during the quarter, with more than 600 additional vehicles in transit to Saudi Arabia for final assembly. Lucid delivered 3,109 vehicles in the same period.

These figures are based on preliminary data and may change upon finalization of quarterly financials. Lucid expects to release its complete first-quarter results in its upcoming Form 10-Q filing.