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Lucid's Q3 Revenue Rises 4% Year-over-Year to $350 Million; Cash Burn Falls 30% Quarter-over-Quarter
18 hour ago /
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Author：小编
Lucid reported its third-quarter 2026 results: revenue rose 4% year-over-year to $350 million, while net loss narrowed to $831 million from $978 million a year earlier. Quarterly free cash flow burn was $1.04 billion, down 30% quarter-over-quarter. As of the end of September, total liquidity stood at $2 billion; including the additional $1.75 billion financing facility from Saudi Arabia's Public Investment Fund (PIF), pro forma liquidity reached $3.75 billion, which is expected to fund operations and key investments through the fourth quarter of 2027. The company plans to begin production of its mid-size model in the second half of 2027.
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