Lotus Technology (LOT) Operating Expenses (2022 - 2025)

Lotus Technology's (LOT) quarterly Operating Expenses came in at -$82.6 million in Q4 2025, up 48.09% YoY from -$55.8 million in Q4 2024, and up 21.01% on a QoQ basis from -$104.5 million in Q3 2025.

Lotus Technology (LOT) Operating Expenses (2022 - 2025) Analysis & Trends

Lotus Technology (LOT) has 4 years of Operating Expenses data on file, last reported at -$82.6 million in Q4 2025.

  • Quarterly Operating Expenses rose 48.09% year-over-year to -$82.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$468.4 million (up 42.59% YoY) and the FY2025 annual result came in at $468.4 million, down 42.59% from the prior year.
  • Operating Expenses climbed to -$82.6 million in Q4 2025, from -$104.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$82.6 million in Q4 2025 to a low of -$357.4 million in Q4 2022.
  • A 4-year average of -$190.8 million and a median of -$168.2 million in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2024 — Operating Expenses sank 62.79% — and 2025, when it surged 56.7%.
  • Tracing LOT's Operating Expenses over 4 years: stood at -$357.4 million in 2022, then advanced by 17.03% to -$296.5 million in 2023, then soared by 46.34% to -$159.1 million in 2024, then soared by 48.09% to -$82.6 million in 2025.
  • The last three Operating Expenses figures came in at -$82.6 million (Q4 2025), -$104.5 million (Q3 2025), and -$167.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn 4.35 Bn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn 78.18 Bn
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn 239.73 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn 47.66 Bn
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn 46.57 Bn
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn -696.85 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn -660.64 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn 1.02 Bn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn 4.85 Bn
10 Lotus Technology 616.11 Mn 237.52 Mn 16.47 Mn -82.58 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -82.58 Mn
Sep 30, 2025 -104.54 Mn
Jun 30, 2025 -167.15 Mn
Mar 31, 2025 -114.14 Mn
Dec 31, 2024 -159.09 Mn
Sep 30, 2024 -168.24 Mn
Jun 30, 2024 -224.99 Mn
Mar 31, 2024 -263.63 Mn
Dec 31, 2023 -296.50 Mn
Sep 30, 2023 -191.09 Mn
Jun 30, 2023 -188.59 Mn
Mar 31, 2023 -161.95 Mn
Dec 31, 2022 -357.36 Mn