Lucid Group Inc (NASDAQ:LCID) reported financial results for the fourth quarter after the market close on Tuesday. Here's a look at the key details from the print.

• Lucid Group shares are advancing steadily. What’s pushing LCID stock higher?

Lucid Drives Past Revenue Estimates, Misses EPS Mark

Lucid reported fourth-quarter revenue of $522.73 million, beating analyst estimates of $469.2 million, according to Benzinga Pro. Total revenue was up 123% on a year-over-year basis.

The electric vehicle maker reported an adjusted loss of $3.08 per share for the quarter, missing estimates for a loss of $2.64 per share.

Lucid said it produced 8,412 vehicles in the fourth quarter, up 116% year-over-year. The company delivered 5,345 vehicles in the period. On a full-year basis, Lucid produced 18,378 vehicles and delivered 15,841 vehicles.

Lucid said it exited the quarter with approximately $4.6 billion in total liquidity.

“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,” said Marc Winterhoff, interim CEO of Lucid.

The Road Forward For Lucid

Lucid said it’s targeting total production of 25,000 to 27,000 vehicles in 2026.

“In 2026, our focus remains on operational and financial discipline, sustainable growth and continued progress toward profitability, while we look forward to the production of the first of our Midsize vehicles and the deployment of the first Lucid robotaxis into commercial service with our partners,” Winterhoff said.

In connection with earnings, Lucid filed a prospectus supplement to register for the resale of up to 69.12 million shares of common stock. No new shares will be issued by Lucid in connection with the resale prospectus supplement. The shares were registered to fulfill the company’s obligations to an Uber subsidiary and an affiliate of the Public Investment Fund.

Lucid’s management team will further discuss the quarter on an earnings call at 5:30 p.m. ET.

LCID Shares Skid After The Bell

LCID Price Action: Lucid shares were down 5.18% in after-hours, trading at $9.41 at the time of publication on Tuesday, according to Benzinga Pro.

Photo: Ian Dewar Photography via Shutterstock