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| Date | Value |
|---|---|
| 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 |