Lotus Technology reported revenue of $163.34M and net income of -$85.77M for the quarter ended Dec 2025, down 39.8% year over year. This income statement covers 14 quarters of results from Dec 2021 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2021 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||
| Revenue | 5.90M | 19.12M | 110.91M | 187.91M | 361.07M | 173.08M | 225.03M | 254.71M | 271.53M | 92.82M | 125.50M | 137.43M | 163.34M | |
| Cost of RevenueCost of Rev | 0.36M | 16.55M | 103.01M | 155.69M | 289.50M | 139.27M | 201.61M | 239.94M | 286.24M | 77.83M | 107.05M | 122.40M | 122.75M | |
| Gross Profit | 1.14M | 0.18M | 5.95M | 27.62M | 68.43M | 30.31M | 20.60M | 8.20M | -29.49M | 11.15M | 6.72M | 10.88M | 16.47M | |
| Operating items | ||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 7.60M | 16.17M | ||||||||||||
| Research & DevelopmentR&D | -230.31M | -65.49M | -87.05M | -82.00M | -134.18M | -104.69M | -70.16M | -52.67M | -47.28M | -48.60M | -43.70M | -37.50M | -41.15M | |
| Selling, General & AdministrativeSG&A | -44.43M | -45.28M | -35.13M | -37.79M | -26.33M | -56.97M | -55.01M | -63.36M | -52.13M | -30.66M | -84.20M | -29.31M | -43.18M | |
| Other Operating ExpensesOther Opex | -82.63M | -58.77M | -66.40M | -71.30M | -135.98M | -118.14M | -99.82M | -52.21M | -59.68M | -34.88M | -39.25M | -37.73M | 1.76M | |
| Operating ExpensesOpex | -357.36M | -161.95M | -188.59M | -191.09M | -296.50M | -263.63M | -224.99M | -168.24M | -159.09M | -114.14M | -167.15M | -104.54M | -82.58M | |
| Operating IncomeOp. Inc | -356.22M | -161.77M | -182.64M | -163.46M | -228.06M | -233.32M | -204.39M | -160.04M | -188.58M | -103.00M | -160.43M | -93.66M | -66.11M | |
| EBIT | -356.22M | -161.77M | -182.64M | -163.46M | -228.06M | -233.32M | -204.39M | -160.04M | -188.58M | -103.00M | -160.43M | -93.66M | -66.11M | |
| Non-operating items | ||||||||||||||
| Non Operating Interest Expenses | -0.15M | -0.43M | -3.04M | -3.90M | -2.83M | -3.95M | -7.76M | -8.85M | -37.66M | -34.27M | 0.63M | -7.40M | -22.30M | |
| Interest & Investment IncomeInt & Inv Inc | 6.22M | 3.25M | 2.77M | 3.08M | -4.08M | 1.16M | -1.39M | 3.50M | 15.28M | 4.64M | 20.57M | |||
| Other Non Operating IncomeOther Non Op Inc. | 4.13M | 3.06M | -6.68M | 4.50M | -0.84M | -6.67M | 2.24M | 19.39M | -26.63M | 13.85M | 26.68M | -12.08M | -2.73M | |
| Net income details | ||||||||||||||
| EBT | -357.78M | -159.66M | -193.30M | -172.21M | -223.97M | -258.08M | -201.97M | -205.07M | -439.78M | -182.19M | -120.29M | -64.70M | -83.49M | |
| Tax ProvisionsTaxes | -0.14M | 0.09M | -0.07M | -1.37M | 0.24M | -0.14M | -0.21M | -0.80M | -0.86M | -0.63M | -14.41M | -1.64M | 0.74M | |
| Profit After TaxPAT | -357.92M | -159.57M | -193.37M | -173.58M | -223.73M | -258.23M | -202.03M | -206.27M | -440.77M | -182.82M | -130.22M | -65.42M | -85.77M | |
| Equity Income | -1.44M | -0.47M | -0.16M | -0.02M | -0.40M | 0.20M | 0.16M | -0.40M | -0.13M | -0.41M | 4.49M | 0.93M | -3.02M | |
| Income from Non-Controlling InterestsInc. Minority | -0.50M | -1.92M | -3.86M | -1.87M | -0.60M | -0.36M | -0.58M | -0.47M | -0.96M | -0.00M | ||||
| Income from Continuing OperationsIncome (Continuing) | -357.64M | -159.75M | -193.22M | -170.85M | -224.21M | -257.94M | -201.76M | -204.27M | -438.92M | -181.56M | -105.88M | -63.06M | -84.23M | |
| Consolidated Net IncomeConsol Net Inc. | -357.64M | -159.75M | -193.22M | -170.85M | -224.21M | -257.94M | -201.76M | -204.27M | -438.92M | -181.56M | -105.88M | -63.06M | -84.23M | |
| Income towards Parent CompanyParent Net Inc | -452.37M | -159.75M | -193.22M | -170.85M | -1205.30M | -257.94M | -201.76M | -204.27M | -852.86M | -181.56M | -1094.81M | -63.06M | -1322.50M | |
| Preferred Dividend PaymentsPref Dividends | -0.91M | -7.25M | 6.99M | -4.80M | -10.06M | -2.98M | ||||||||
| Net Income towards Common StockholdersNet Income | -357.42M | -157.66M | -189.51M | -171.71M | -223.13M | -257.87M | -201.45M | -205.80M | -439.81M | -182.82M | -130.22M | -65.42M | -85.77M | |
| Additional items | ||||||||||||||
| EPS (Basic) | -0.75 | -0.33 | -0.40 | -0.36 | -0.47 | -0.54 | -0.42 | -0.43 | -0.68 | -0.28 | -0.20 | -0.10 | -0.13 | |
| EPS (Diluted) | -0.75 | -0.33 | -0.40 | -0.36 | -0.47 | -0.54 | -0.42 | -0.43 | -0.68 | -0.28 | -0.20 | -0.10 | -0.13 | |
| Shares Outstanding | 334.13M | 475.81M | 475.81M | 475.81M | 475.81M | 474.62M | 474.62M | 474.62M | 474.62M | 645.23M | 645.23M | 645.23M | 645.23M | 648.54M |
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 334.13M | 475.81M | 475.81M | 475.81M | 475.81M | 474.62M | 474.62M | 474.62M | 474.62M | 645.23M | 645.23M | 645.23M | 645.23M | 648.54M |
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 334.13M | 474.62M | 474.62M | 678.24M | 642.09M | |||||||||
| EBITDA | -356.22M | -154.40M | -182.64M | -163.46M | -228.06M | -204.00M | -204.39M | -160.04M | -188.58M | -136.00M | -160.43M | -93.66M | -66.11M | |
| Interest ExpensesInt Expense | -0.15M | -0.43M | -3.04M | -3.90M | -2.83M | -3.95M | -7.76M | -8.85M | -37.66M | -34.27M | 0.63M | -7.40M | -22.30M | |
| Tax Rate | 0.04% | -0.06% | 0.04% | 0.79% | -0.11% | 0.06% | 0.11% | 0.39% | 0.19% | 0.35% | 11.98% | 2.54% | -0.89% |