Lucid reports Q1 2026 production of 5,500 vehicles and 3,093 deliveries; reaffirms full-year production guidance of 25,000-27,000 despite Gravity supply disruption

Lucid Group, Inc. (NASDAQ: LCID) reported production and delivery totals for the quarter ended March 31, 2026. The company produced 5,500 vehicles and delivered 3,093 vehicles during the period.

Quarterly production and deliveries

For the quarter ended March 31, 2026, Lucid produced 5,500 vehicles and delivered 3,093 vehicles.

Gravity delivery disruption

Lucid said deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue involving the second-row seats. The company stated that this affected its ability to meet customer demand. Lucid added that the issues have been addressed.

Production guidance reaffirmed

Following the disruption, Lucid is reaffirming its previously shared production guidance of 25,000-27,000 vehicles.

First-quarter 2026 earnings call

Lucid will host a conference call to discuss its first quarter 2026 financial results on Tuesday, May 5, 2026, at 2:30 pm PT / 5:30 pm ET. The company said it will issue an earnings press release prior to the call, including a link to the live webcast on its investor relations website.

Call details:

• Date: Tuesday, May 5, 2026
• Time: 2:30 pm PT / 5:30 pm ET
• Webcast: https://ir.lucidmotors.com (live and replay)

Shareholder question platform

Lucid said it is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, with selected questions answered by company management during the earnings call.

Submission window: Starting April 20, 2026, at 2:30 pm PT / 5:30 pm ET, shareholders can submit questions via https://app.saytechnologies.com/lucid-group-2026-q1. The platform will remain open until 2:30 pm PT / 5:30 pm ET on May 4, 2026.

Lucid added that shareholders can email [email protected] for support inquiries.

Notes on production and delivery metrics

Lucid noted that its net income and cash flow results will be announced with its first-quarter earnings. The company also cautioned that vehicle production and delivery numbers represent only one measure of operating performance and should not be relied on as sole indicators of quarterly financial results, which depend on multiple factors.

Starting this quarter, Lucid said it is including all vehicles produced at AMP-1 in its production numbers, including vehicles being shipped to Saudi Arabia.

Company background

Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating mobility experiences through innovation. Built on Lucid’s proprietary technology and software-defined vehicle architectures, the company’s lineup is designed for premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles at vertically integrated facilities in Arizona and Saudi Arabia.

Forward-looking statements

The release includes forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. Lucid said these statements may be identified by terms such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” and similar expressions. The company stated that actual results may differ materially due to risks and uncertainties, including those discussed in its filings with the Securities and Exchange Commission.