Lotus Technology (LOTWW) Operating Expenses (2022 - 2025)
Lotus Technology (LOTWW) reported Operating Expenses of -$82.6 million for Q4 2025, up 48.09% on a YoY basis from -$55.8 million in Q4 2024, and up 21.01% quarter-over-quarter from -$104.5 million in Q3 2025.
Lotus Technology (LOTWW) Operating Expenses (2022 - 2025) Analysis & Trends
Lotus Technology has reported Operating Expenses for 4 years, with the latest figure at -$82.6 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 48.09% year-over-year to -$82.6 million; the trailing twelve-month figure through Dec 2025 stood at -$468.4 million (up 42.59% YoY), and the FY2025 full-year result was $468.4 million, down 42.59% from the prior year.
- Operating Expenses for Q4 2025 stood at -$82.6 million, up from -$104.5 million in the prior quarter.
- The five-year high for Operating Expenses was -$82.6 million in Q4 2025, with the low at -$357.4 million in Q4 2022.
- Historically, Operating Expenses has averaged -$190.8 million across 4 years, with a median of -$168.2 million in 2024.
- Annual changes were most pronounced in 2024 — Operating Expenses sank 62.79% — and 2025, when it surged 56.7%.
- Lotus Technology's Operating Expenses stood at -$357.4 million in 2022, then advanced 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.
- The last three Operating Expenses figures came in at -$82.6 million (Q4 2025), -$104.5 million (Q3 2025), and -$167.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,264.49 Bn | 1,219.81 Bn | 4.72 Bn | 3.78 Bn |
| 2 | Toyota Motor | 448.54 Bn | 321.13 Bn | 9.14 Bn | 76.70 Bn |
| 3 | General Motors | 74.80 Bn | 52.42 Bn | 4.32 Bn | 40.70 Bn |
| 4 | Ferrari | 71.95 Bn | 70.15 Bn | 1.09 Bn | 479.59 Mn |
| 5 | Ford Motor | 59.47 Bn | 29.01 Bn | 7.94 Bn | 40.92 Bn |
| 6 | Rivian Automotive | 20.42 Bn | 15.62 Bn | 119.00 Mn | 1.00 Bn |
| 7 | China Yuchai International | 16.65 Bn | 15.59 Bn | 317.01 Mn | -282.20 Mn |
| 8 | VinFast Auto | 7.51 Bn | 10.51 Bn | -15,731.99 Bn | -11,212.24 Bn |
| 9 | Digital Currency X Technology | 5.68 Bn | 5.68 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 |