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

Lotus Technology (LOTWW) posted Operating Expenses of -$82.6 million for Q4 2025, up 21.01% quarter-over-quarter from -$104.5 million in Q3 2025, and up 48.09% year-on-year from -$55.8 million in Q4 2024.

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

Lotus Technology (LOTWW) has reported Operating Expenses for 4 consecutive years, with -$82.6 million the latest figure, recorded in Q4 2025.

  • Operating Expenses for Q4 2025 came in at -$82.6 million, up 48.09% year-over-year; the trailing twelve-month figure through Dec 2025 was -$468.4 million (up 42.59% YoY), and the FY2025 annual result was $468.4 million, down 42.59% from the prior year.
  • Operating Expenses was -$82.6 million for Q4 2025 at Lotus Technology, up from -$104.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$82.6 million in Q4 2025 and troughed at -$357.4 million in Q4 2022.
  • Average Operating Expenses over 4 years is -$190.8 million, with a median of -$168.2 million recorded in 2024.
  • Year-over-year, Operating Expenses tumbled 62.79% in 2024 and jumped 56.7% in 2025.
  • Over 4 years, Operating Expenses stood at -$357.4 million in 2022, then increased 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.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$82.6 million in Q4 2025, -$104.5 million in Q3 2025, and -$167.2 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 3.78 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 40.92 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 40.70 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -660.64 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn 1.00 Bn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -696.85 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn -749.20 Mn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -3,574.44 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn 1.27 Bn
10 Lotus Technology - - 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