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灰度母公司（DCX）与Lucid Group, Inc.（LCID）财务数据对比。点击上方公司名可切换其他公司
Lucid Group, Inc.的季度营收约是灰度母公司的872.7倍（$522.7M vs $599.0K）。Lucid Group, Inc.净利率更高（-155.7% vs -6685.8%，领先6530.1%）。Lucid Group, Inc.同比增速更快（122.9% vs -82.4%）
DCG是一家专注于数字货币领域的风险投资公司，总部位于美国康涅狄格州斯坦福德，旗下拥有Foundry、灰度投资（Grayscale Investments）以及Luno等子公司，此前还曾拥有CoinDesk和Genesis两大知名行业机构。
Lucid Group, Inc.是总部位于美国加利福尼亚州纽瓦克的汽车科技企业，专注于电动汽车制造及先进电动汽车动力系统供应。2021年9月，公司在亚利桑那州卡萨格兰德的工厂开始生产Lucid Air豪华轿车，第二款车型Lucid Gravity SUV于2024年12月投产，同时也为阿斯顿·马丁等其他车企供应和研发动力总成技术。
DCX vs LCID — 直观对比
营收规模更大
LCID
是对方的872.7倍
$599.0K
营收增速更快
LCID
高出205.4%
-82.4%
净利率更高
LCID
高出6530.1%
-6685.8%
损益表 — Q2 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $599.0K | $522.7M |
| 净利润 | $-40.0M | $-814.0M |
| 毛利率 | — | -80.7% |
| 营业利润率 | -11406.2% | -203.7% |
| 净利率 | -6685.8% | -155.7% |
| 营收同比 | -82.4% | 122.9% |
| 净利润同比 | -85.2% | -104.9% |
| 每股收益（稀释后） | $-1.73 | $-8.26 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DCXLCID
| Q4 25 | — | $522.7M | ||
| Q3 25 | — | $336.6M | ||
| Q2 25 | $599.0K | $259.4M | ||
| Q1 25 | — | $235.0M | ||
| Q4 24 | — | $234.5M | ||
| Q3 24 | — | $200.0M | ||
| Q2 24 | $3.4M | $200.6M | ||
| Q1 24 | — | $172.7M |
净利润DCXLCID
| Q4 25 | — | $-814.0M | ||
| Q3 25 | — | $-978.4M | ||
| Q2 25 | $-40.0M | $-539.4M | ||
| Q1 25 | — | $-366.2M | ||
| Q4 24 | — | $-397.2M | ||
| Q3 24 | — | $-992.5M | ||
| Q2 24 | $-21.6M | $-643.4M | ||
| Q1 24 | — | $-680.9M |
毛利率DCXLCID
| Q4 25 | — | -80.7% | ||
| Q3 25 | — | -99.1% | ||
| Q2 25 | — | -105.0% | ||
| Q1 25 | — | -97.2% | ||
| Q4 24 | — | -89.0% | ||
| Q3 24 | — | -106.2% | ||
| Q2 24 | — | -134.5% | ||
| Q1 24 | — | -134.3% |
营业利润率DCXLCID
| Q4 25 | — | -203.7% | ||
| Q3 25 | — | -279.9% | ||
| Q2 25 | -11406.2% | -309.5% | ||
| Q1 25 | — | -294.4% | ||
| Q4 24 | — | -312.6% | ||
| Q3 24 | — | -385.2% | ||
| Q2 24 | -792.0% | -392.6% | ||
| Q1 24 | — | -422.6% |
净利率DCXLCID
| Q4 25 | — | -155.7% | ||
| Q3 25 | — | -290.7% | ||
| Q2 25 | -6685.8% | -207.9% | ||
| Q1 25 | — | -155.8% | ||
| Q4 24 | — | -169.4% | ||
| Q3 24 | — | -496.1% | ||
| Q2 24 | -634.6% | -320.8% | ||
| Q1 24 | — | -394.2% |
每股收益（稀释后）DCXLCID
| Q4 25 | — | $-8.26 | ||
| Q3 25 | — | $-3.31 | ||
| Q2 25 | $-1.73 | $-0.28 | ||
| Q1 25 | — | $-0.24 | ||
| Q4 24 | — | $-0.20 | ||
| Q3 24 | — | $-0.41 | ||
| Q2 24 | $-3.99 | $-0.34 | ||
| Q1 24 | — | $-0.30 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $40.6M | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-179.6M | $717.3M |
| 总资产 | $490.9M | $8.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DCXLCID
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | $40.6M | $2.8B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $3.5B | ||
| Q2 24 | $1.1M | $3.2B | ||
| Q1 24 | — | $4.0B |
股东权益DCXLCID
| Q4 25 | — | $717.3M | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | $-179.6M | $2.4B | ||
| Q1 25 | — | $3.2B | ||
| Q4 24 | — | $3.9B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | $-154.0M | $3.5B | ||
| Q1 24 | — | $4.2B |
总资产DCXLCID
| Q4 25 | — | $8.4B | ||
| Q3 25 | — | $8.8B | ||
| Q2 25 | $490.9M | $8.9B | ||
| Q1 25 | — | $9.2B | ||
| Q4 24 | — | $9.6B | ||
| Q3 24 | — | $8.5B | ||
| Q2 24 | $500.3M | $8.2B | ||
| Q1 24 | — | $8.9B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $1.6M | $-916.4M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.2B |
| 自由现金流率自由现金流/营收 | — | -237.6% |
| 资本支出强度资本支出/营收 | — | 62.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-3.8B |
8季度趋势，按日历期对齐
经营现金流DCXLCID
| Q4 25 | — | $-916.4M | ||
| Q3 25 | — | $-756.6M | ||
| Q2 25 | $1.6M | $-830.2M | ||
| Q1 25 | — | $-428.6M | ||
| Q4 24 | — | $-533.1M | ||
| Q3 24 | — | $-462.8M | ||
| Q2 24 | $-16.3M | $-507.0M | ||
| Q1 24 | — | $-516.7M |
自由现金流DCXLCID
| Q4 25 | — | $-1.2B | ||
| Q3 25 | — | $-955.5M | ||
| Q2 25 | — | $-1.0B | ||
| Q1 25 | — | $-589.9M | ||
| Q4 24 | — | $-824.8M | ||
| Q3 24 | — | $-622.5M | ||
| Q2 24 | $-17.3M | $-741.3M | ||
| Q1 24 | — | $-714.9M |
自由现金流率DCXLCID
| Q4 25 | — | -237.6% | ||
| Q3 25 | — | -283.9% | ||
| Q2 25 | — | -390.4% | ||
| Q1 25 | — | -251.0% | ||
| Q4 24 | — | -351.8% | ||
| Q3 24 | — | -311.2% | ||
| Q2 24 | -508.4% | -369.6% | ||
| Q1 24 | — | -413.9% |
资本支出强度DCXLCID
| Q4 25 | — | 62.3% | ||
| Q3 25 | — | 59.1% | ||
| Q2 25 | — | 70.4% | ||
| Q1 25 | — | 68.6% | ||
| Q4 24 | — | 124.4% | ||
| Q3 24 | — | 79.8% | ||
| Q2 24 | 31.1% | 116.8% | ||
| Q1 24 | — | 114.7% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DCX
暂无分部数据
LCID
| LCNRV | $287.2M | 55% |
| Other | $80.4M | 15% |
| Related Party | $74.4M | 14% |
| Regulatory Credits | $34.2M | 7% |
| Warranty Provision | $26.2M | 5% |
| Sale And Leaseback Transactions | $15.2M | 3% |
| Other International | $5.0M | 1% |
