Lotus Technology (LOTWW) Research & Development (2022 - 2025)

Lotus Technology (LOTWW) reported Research & Development of -$41.2 million for Q4 2025, up 12.95% on a YoY basis from -$36.4 million in Q4 2024, and down 9.74% quarter-over-quarter from -$37.5 million in Q3 2025.

Lotus Technology (LOTWW) Research & Development (2022 - 2025) Analysis & Trends

Lotus Technology has reported Research & Development for 4 years, with the latest figure at -$41.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Research & Development rose 12.95% year-over-year to -$41.2 million; the trailing twelve-month figure through Dec 2025 stood at -$171.0 million (up 37.79% YoY), and the FY2025 full-year result was $171.0 million, down 37.79% from the prior year.
  • Research & Development for Q4 2025 stood at -$41.2 million, down from -$37.5 million in the prior quarter.
  • The five-year high for Research & Development was -$37.5 million in Q3 2025, with the low at -$230.3 million in Q4 2022.
  • Historically, Research & Development has averaged -$80.4 million across 4 years, with a median of -$65.5 million in 2023.
  • The largest YoY upside for Research & Development was 64.77% in 2024 against a maximum downside of 59.85% in 2024.
  • Lotus Technology's Research & Development 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 1,264.49 Bn 1,219.81 Bn 4.72 Bn 1.95 Bn
2 Toyota Motor 448.54 Bn 321.13 Bn 9.14 Bn -
3 General Motors 74.80 Bn 52.42 Bn 4.32 Bn -
4 Ferrari 71.95 Bn 70.15 Bn 1.09 Bn 278.21 Mn
5 Ford Motor 59.47 Bn 29.01 Bn 7.94 Bn -
6 Rivian Automotive 20.42 Bn 15.62 Bn 119.00 Mn 458.00 Mn
7 China Yuchai International 16.65 Bn 15.59 Bn 317.01 Mn -124.48 Mn
8 VinFast Auto 7.51 Bn 10.51 Bn -15,731.99 Bn -2,869.36 Bn
9 Digital Currency X Technology 5.68 Bn 5.68 Bn - -
10 Lotus Technology - - 16.47 Mn -41.15 Mn

Historic Data

Download Data
DateValue
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