Lotus Technology (LOT) Research & Development (2022 - 2025)
Lotus Technology (LOT) reported Research & Development of -$41.2 million for Q4 2025, up 12.95% on a YoY basis from -$36.4 million in Q4 2024, and down 9.74% quarter-over-quarter from -$37.5 million in Q3 2025.
Lotus Technology (LOT) Research & Development (2022 - 2025) Analysis & Trends
Lotus Technology has reported Research & Development for 4 years, with the latest figure at -$41.2 million in Q4 2025.
- For the quarter ending Q4 2025, Research & Development rose 12.95% year-over-year to -$41.2 million; the trailing twelve-month figure through Dec 2025 stood at -$171.0 million (up 37.79% YoY), and the FY2025 full-year result was $171.0 million, down 37.79% from the prior year.
- Research & Development for Q4 2025 stood at -$41.2 million, down from -$37.5 million in the prior quarter.
- The five-year high for Research & Development was -$37.5 million in Q3 2025, with the low at -$230.3 million in Q4 2022.
- Historically, Research & Development has averaged -$80.4 million across 4 years, with a median of -$65.5 million in 2023.
- The largest YoY upside for Research & Development was 64.77% in 2024 against a maximum downside of 59.85% in 2024.
- Lotus Technology's Research & Development 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 | 1,264.49 Bn | 1,219.81 Bn | 4.72 Bn | 1.95 Bn |
| 2 | Toyota Motor | 448.54 Bn | 321.13 Bn | 9.14 Bn | - |
| 3 | General Motors | 74.80 Bn | 52.42 Bn | 4.32 Bn | - |
| 4 | Ferrari | 71.95 Bn | 70.15 Bn | 1.09 Bn | 278.21 Mn |
| 5 | Ford Motor | 59.47 Bn | 29.01 Bn | 7.94 Bn | - |
| 6 | Rivian Automotive | 20.42 Bn | 15.62 Bn | 119.00 Mn | 458.00 Mn |
| 7 | China Yuchai International | 16.65 Bn | 15.59 Bn | 317.01 Mn | -124.48 Mn |
| 8 | VinFast Auto | 7.51 Bn | 10.51 Bn | -15,731.99 Bn | -2,869.36 Bn |
| 9 | Digital Currency X Technology | 5.68 Bn | 5.68 Bn | - | - |
| 10 | Lotus Technology | 784.73 Mn | 398.39 Mn | 16.47 Mn | -41.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |