Lucid Reports Q3 Revenue of $350 Million, Cuts Cash Burn 30%
Lucid reported revenue up 4% year over year to $350 million. Free cash flow consumption fell 30% sequentially to $1.04 billion; liquidity was $2.0 billion, or $3.75 billion pro forma after a $1.75 billion PIF expansion.
Lucid reported third-quarter 2026 revenue of $350 million, up 4% year over year, and reduced free cash flow consumption by 30% sequentially to $1.04 billion. The company ended the quarter with $2.0 billion in liquidity, rising to $3.75 billion pro forma after a $1.75 billion expansion of its PIF de…