Lotus Technology (LOTWW) Operating Expenses (2022 - 2025)
Lotus Technology's (LOTWW) quarterly Operating Expenses came in at -$82.6 million in Q4 2025, up 48.09% YoY from -$55.8 million in Q4 2024, and up 21.01% on a QoQ basis from -$104.5 million in Q3 2025.
Lotus Technology (LOTWW) Operating Expenses (2022 - 2025) Analysis & Trends
Lotus Technology (LOTWW) has 4 years of Operating Expenses data on file, last reported at -$82.6 million in Q4 2025.
- Quarterly Operating Expenses rose 48.09% year-over-year to -$82.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$468.4 million (up 42.59% YoY) and the FY2025 annual result came in at $468.4 million, down 42.59% from the prior year.
- Operating Expenses climbed to -$82.6 million in Q4 2025, from -$104.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$82.6 million in Q4 2025 to a low of -$357.4 million in Q4 2022.
- A 4-year average of -$190.8 million and a median of -$168.2 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses sank 62.79% — and 2025, when it surged 56.7%.
- Tracing LOTWW's Operating Expenses over 4 years: 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 | Toyota Motor | 254.16 Bn | 125.71 Bn | 12.27 Bn | 78.18 Bn |
| 2 | General Motors | 75.74 Bn | 52.66 Bn | 7.33 Bn | 46.57 Bn |
| 3 | Rivian Automotive | 22.24 Bn | 16.95 Bn | 179.00 Mn | 1.02 Bn |
| 4 | Li Auto | 12.31 Bn | 6.49 Bn | 417.98 Mn | -757.09 Mn |
| 5 | Xpeng | 11.18 Bn | 8.87 Bn | 601.83 Mn | -770.22 Mn |
| 6 | Lucid | 1.95 Bn | 1.19 Bn | -426.73 Mn | 1.49 Bn |
| 7 | China Yuchai International | 1.49 Bn | -274.93 Mn | 317.01 Mn | -494.41 Mn |
| 8 | Lotus Technology | 32.10 Mn | -51.80 Mn | 16.47 Mn | -82.58 Mn |
| 9 | Faraday Future Intelligent Electric | 19.08 Mn | 21.87 Mn | -10.70 Mn | 24.13 Mn |
| 10 | Fabric.AI | 11.76 Mn | -9.92 Mn | - | 3.33 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 |