LCID Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), LCID reported revenue of $405M, gross profit of $427M (-105.3% gross margin), operating income of −$1.1B, and net income of −$1.0B (-255.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
LCID reported a net loss; revenue grew 43.5% quarter over quarter, and revenue beat consensus by 6.2%.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +43.5% | −0.6% | +108.8 pp |
Consensus revenue estimate was $382M; reported revenue was +6.2% versus consensus. EPS was $0.00 versus $-2.36 expected.
LCID Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $405M | 100% |
| Cost of Revenue | −$832M | 205.3% |
| Gross Profit | −$427M | -105.3% |
| Research & Development | −$321M | 79.3% |
| Selling, General & Administrative | −$300M | 74.1% |
| Other Operating Expenses | −$34M | 8.3% |
| Operating Income | −$1.1B | -267.0% |
| Interest Expense | −$48M | 11.8% |
| Other Income, net | $48M | 11.9% |
| Income Tax Expense | −$1M | 0.3% |
| Net Income | −$1.0B | -255.3% |
Source: original SEC filing (filed 2026-08-04). Accession 0001628280-26-052548. Data normalized by EarningsFyi.