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| 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 |