Q1: 2026-05-05 Earnings Summary
EPS of -$2.82 misses by $0.52
|
Revenue of
$282.47M
(20.17% Y/Y)
misses by $76.05M
Lucid Group, Inc. (LCID) Q1 2026 Earnings Call May 5, 2026 5:30 PM EDT
Company Participants
Nick Twork - Vice President of Communications
Silvio Napoli - Executive Director
Marc Winterhoff - Interim Chief Executive Officer
Taoufiq Boussaid - Chief Financial Officer
Conference Call Participants
Michael Ward - Citigroup Inc., Research Division
Andrew Percoco - Morgan Stanley, Research Division
Ben Kallo - Robert W. Baird & Co. Incorporated, Research Division
Andres Sheppard-Slinger - Cantor Fitzgerald & Co., Research Division
Thomas Scholl - BNP Paribas, Research Division
Presentation
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Lucid Group First Quarter 2026 Earnings Conference Call. Please be advised that today's conference call is being recorded. [Operator Instructions] I would now like to turn the conference over to your speaker for today, Nick Twork, Vice President of Communications. Please go ahead.
Nick Twork
Vice President of Communications
Thank you, and welcome to Lucid Group's First Quarter 2026 Earnings Call. Joining me today are Silvio Napoli, incoming CEO; Marc Winterhoff, our Interim CEO; and Taoufiq Boussaid, our CFO.
Before handing the call over to Silvio, let me remind you that some of the statements on this call include forward-looking statements under the federal securities laws. These include, without limitation, statements regarding the future financial performance of the company, production and delivery volumes, vehicles and products, studios and service networks, financial and operating outlook and guidance, macroeconomic, geopolitical, policy and industry trends, tariffs and trade policy, company initiatives, leadership changes and other future events.
These statements are based on various assumptions, whether or not identified in this communication and on the predictions and expectations of our management as of today. Actual events or results are difficult or impossible to predict and may differ due to a number of risks and uncertainties. We refer you to the cautionary language and
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