Company / R&D Expense
Lucid Group, Inc. R&D Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$1.2B
FY2025
5-year range
$220.2M / $1.2B
FY2021-FY2025
Trend
+3.0%
vs FY2024
Sector context
#7 of 54
Consumer Discretionary
What the data says
Lucid Group, Inc.'s r&d expense of $1.2B is higher than 87% of companies in the Consumer Discretionary sector (FY2025). R&D Expense has increased for 4 consecutive years, from $220M in FY2021 to $1.2B in FY2025.
Based on SEC 10-K filings.
$1.2B in FY2025 with a 5-year CAGR of +18.8%. Top quartile in the Consumer Discretionary sector.
Improved from $937M to $1.2B over the past 2 years.
Consumer Discretionary sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +33.3%
- 5-Year CAGR
- +18.8%
- 10-Year CAGR
- -
Sector benchmark
+95.8% above sector average
Key checks
Key Insights
- Lucid Group, Inc.'s r&d expense has grown for 4 consecutive years.
- 5-year CAGR of +18.8%, indicating consistent growth.
- In FY2025, r&d expense increased 3.0% year-over-year.
- Ranks #7 out of 54 companies in the Consumer Discretionary sector.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -2.62 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.2B | +3.0% |
| FY2024 | $1.2B | +25.6% |
| FY2023 | $937.0M | +83.3% |
| FY2022 | $511.1M | +132.1% |
| FY2021 | $220.2M | -56.9% |
| FY2020 | $511.1M | +132.1% |
| FY2019 | $220.2M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026