Lucid Q3 net loss narrows 15% year over year to $830.86 million
LCID•Lucid’s third-quarter 2026 net loss narrowed 15% year over year to $830.86 million. Revenue rose to $350.32 million, capital expenditures increased 44% to $287.07 million, and an additional $1.75 billion in its DDTL facility with PIF expanded financial flexibility for its turnaround program.
1. Quarterly results and plans
Lucid’s third-quarter 2026 net loss narrowed 15% year over year to $830.86 million, while revenue rose year over year to $350.32 million. Capital expenditures climbed 44% to $287.07 million. An additional $1.75 billion in the DDTL facility with PIF expands financial flexibility for the turnaround program. Midsize production remains planned for the second half of 2027, with reveal and production dates expected in the first quarter of 2027.
