Lotus Technology (LOTWW) Research & Development (2022 - 2025)
Lotus Technology's (LOTWW) quarterly Research & Development came in at -$41.2 million in Q4 2025, up 12.95% YoY from -$36.4 million in Q4 2024, and down 9.74% on a QoQ basis from -$37.5 million in Q3 2025.
Lotus Technology (LOTWW) Research & Development (2022 - 2025) Analysis & Trends
Lotus Technology (LOTWW) has 4 years of Research & Development data on file, last reported at -$41.2 million in Q4 2025.
- Quarterly Research & Development rose 12.95% year-over-year to -$41.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$171.0 million (up 37.79% YoY) and the FY2025 annual result came in at $171.0 million, down 46.96% from the prior year.
- Research & Development eased to -$41.2 million in Q4 2025, from -$37.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$37.5 million in Q3 2025 to a low of -$230.3 million in Q4 2022.
- A 4-year average of -$80.4 million and a median of -$65.5 million in 2023 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 64.77% in 2024, down 59.85% in 2024.
- Tracing LOTWW's Research & Development over 4 years: 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 | Toyota Motor | 254.16 Bn | 125.71 Bn | 12.27 Bn | - |
| 2 | General Motors | 75.74 Bn | 52.66 Bn | 7.33 Bn | - |
| 3 | Rivian Automotive | 22.24 Bn | 16.95 Bn | 179.00 Mn | 466.00 Mn |
| 4 | Li Auto | 12.31 Bn | 6.49 Bn | 417.98 Mn | -409.08 Mn |
| 5 | Xpeng | 11.18 Bn | 8.87 Bn | 601.83 Mn | -429.54 Mn |
| 6 | Lucid | 1.95 Bn | 1.19 Bn | -426.73 Mn | 321.34 Mn |
| 7 | China Yuchai International | 1.49 Bn | -274.93 Mn | 317.01 Mn | -195.24 Mn |
| 8 | Lotus Technology | 32.10 Mn | -51.80 Mn | 16.47 Mn | -41.15 Mn |
| 9 | Faraday Future Intelligent Electric | 19.08 Mn | 21.87 Mn | -10.70 Mn | 4.14 Mn |
| 10 | Fabric.AI | 11.76 Mn | -9.92 Mn | - | 689,892.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |