Lotus Technology (LOT) Research & Development (2022 - 2025)

Lotus Technology's (LOT) quarterly Research & Development came in at -$41.2 million in Q4 2025, up 12.95% YoY from -$36.4 million in Q4 2024, and down 9.74% on a QoQ basis from -$37.5 million in Q3 2025.

Lotus Technology (LOT) Research & Development (2022 - 2025) Analysis & Trends

Lotus Technology (LOT) has 4 years of Research & Development data on file, last reported at -$41.2 million in Q4 2025.

  • Quarterly Research & Development rose 12.95% year-over-year to -$41.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$171.0 million (up 37.79% YoY) and the FY2025 annual result came in at $171.0 million, down 46.96% from the prior year.
  • Research & Development eased to -$41.2 million in Q4 2025, from -$37.5 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$37.5 million in Q3 2025 to a low of -$230.3 million in Q4 2022.
  • A 4-year average of -$80.4 million and a median of -$65.5 million in 2023 frame the typical range for Research & Development.
  • The widest YoY moves for Research & Development: up 64.77% in 2024, down 59.85% in 2024.
  • Tracing LOT's Research & Development over 4 years: stood at -$230.3 million in 2022, then surged by 41.74% to -$134.2 million in 2023, then surged by 64.77% to -$47.3 million in 2024, then rose by 12.95% to -$41.2 million in 2025.
  • The last three Research & Development figures came in at -$41.2 million (Q4 2025), -$37.5 million (Q3 2025), and -$43.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn 2.37 Bn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn -
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn 15.60 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn -
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn -
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn -394.63 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn -421.43 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn 466.00 Mn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn 1.52 Bn
10 Lotus Technology 616.11 Mn 237.52 Mn 16.47 Mn -41.15 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -41.15 Mn
Sep 30, 2025 -37.50 Mn
Jun 30, 2025 -43.70 Mn
Mar 31, 2025 -48.60 Mn
Dec 31, 2024 -47.28 Mn
Sep 30, 2024 -52.67 Mn
Jun 30, 2024 -70.16 Mn
Mar 31, 2024 -104.69 Mn
Dec 31, 2023 -134.18 Mn
Sep 30, 2023 -82.00 Mn
Jun 30, 2023 -87.05 Mn
Mar 31, 2023 -65.49 Mn
Dec 31, 2022 -230.31 Mn