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

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

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

Lotus Technology (LOTWW) has reported Research & Development for 4 consecutive years, with -$41.2 million the latest figure, recorded in Q4 2025.

  • Research & Development for Q4 2025 came in at -$41.2 million, up 12.95% year-over-year; the trailing twelve-month figure through Dec 2025 was -$171.0 million (up 37.79% YoY), and the FY2025 annual result was $171.0 million, down 37.79% from the prior year.
  • Research & Development was -$41.2 million for Q4 2025 at Lotus Technology, down from -$37.5 million in the prior quarter.
  • Over five years, Research & Development peaked at -$37.5 million in Q3 2025 and troughed at -$230.3 million in Q4 2022.
  • Average Research & Development over 4 years is -$80.4 million, with a median of -$65.5 million recorded in 2023.
  • The widest YoY moves for Research & Development: up 64.77% in 2024, down 59.85% in 2024.
  • Over 4 years, 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 climbed by 12.95% to -$41.2 million in 2025.
  • Per Business Quant data, the three most recent Research & Development figures were -$41.2 million in Q4 2025, -$37.5 million in Q3 2025, and -$43.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 1.95 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn -
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn -
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -421.43 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn 458.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -394.63 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn -273.27 Mn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -2,535.42 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn 335.67 Mn
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