LOT revenueFY2025$519.10M
- FY YoY
- -43.8%
LOT revenue was $519.10M for fiscal 2025 (ended Dec 31, 2025), down 43.8% from fiscal 2024. It rose in 3 of the last 4 fiscal years.
Lotus Technology Inc. (LOT) financials
For fiscal 2025 (ended Dec 31, 2025), Lotus Technology Inc. reported $519.10M of revenue and -$464.22M of net income.
- Revenue, FY2025
- $519.10M
- Revenue growth, YoY
- -43.8%
- Net income, FY2025
- -$464.22M
- Net margin
- -89.4%
- Free cash flow, FY2025
- -$413.34M
- EPS, diluted, FY2025
- -$0.72
- Cash
- $73.43M
- Total debt
- $1.39B
- P/S
- 0.34
- Market cap
- $176.0M
FY2021FY2025
FY2021FY2025
FY2021FY2025
LOT revenue and earnings growth
LOT net incomeFY2025-$464.22M
LOT net income was -$464.22M for fiscal 2025 (ended Dec 31, 2025), compared with -$1.10B in fiscal 2024.
LOT EPSFY2025-$0.72
LOT diluted EPS was -$0.72 for fiscal 2025 (ended Dec 31, 2025), compared with -$1.72 in fiscal 2024.
LOT free cash flowFY2025-$413.34M
LOT free cash flow was -$413.34M for fiscal 2025 (ended Dec 31, 2025), compared with -$905.86M in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $519.10M | $924.35M | $679.01M | $9.56M | $3.69M |
| Cost of revenue | $473.89M | $894.72M | $576.83M | $7.25M | $3.13M |
| Gross profit | $45.21M | $29.63M | $102.18M | $2.31M | $557.0K |
| Research and development | $170.96M | $274.80M | $368.73M | $445.84M | $511.36M |
| Selling, general and admin | $135.85M | $227.47M | $144.53M | $148.37M | $54.76M |
| Operating income | -$423.20M | -$786.32M | -$735.94M | -$687.41M | -$112.94M |
| Interest expense | $63.34M | $58.22M | $10.20M | $8.54M | $3.62M |
| Pre-tax income | -$450.26M | -$1.11B | -$748.09M | -$724.27M | -$108.68M |
| Income tax | $15.95M | $2.01M | $1.11M | $292.0K | $1.85M |
| Net income | -$464.22M | -$1.10B | -$742.00M | -$723.92M | -$110.53M |
| EPS, basic | -$0.72 | -$1.72 | -$1.60 | -$1.52 | -$0.33 |
| EPS, diluted | -$0.72 | -$1.72 | -$1.60 | -$1.52 | -$0.33 |
| Diluted shares | 648.5M | 645.2M | 474.6M | 475.8M | 334.1M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $73.43M | $103.07M | $418.94M | $739.53M | $531.45M |
| Inventory | $121.36M | $188.58M | $265.19M | $22.70M | - |
| Current assets | $911.09M | $1.04B | $883.71M | $823.46M | - |
| Total assets | $1.95B | $2.29B | $1.58B | $1.37B | - |
| Current liabilities | $2.40B | $2.47B | $1.76B | $932.88M | - |
| Short-term debt | $1.26B | $802.52M | $226.77M | $28.75M | - |
| Long-term debt | $128.85M | $103.00M | $75.68M | $76.77M | - |
| Total debt | $1.39B | $905.52M | $302.45M | $105.52M | $126.42M |
| Total liabilities | $3.28B | $3.15B | $2.41B | $1.46B | - |
| Shareholders' equity | -$1.32B | -$852.86M | -$1.21B | -$453.01M | $195.32M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating cash flow | -$333.91M | -$848.52M | -$386.93M | -$351.42M | -$126.50M |
| Capital expenditures | $79.43M | $57.34M | $213.71M | $133.34M | $34.59M |
| Free cash flow | -$413.34M | -$905.86M | -$600.65M | -$484.76M | -$161.09M |
| Investing cash flow | $277.56M | -$579.44M | -$197.99M | -$149.41M | $244.48M |
| Financing cash flow | $128.45M | $1.46B | $284.71M | $758.13M | $364.85M |
| Dividends paid | - | - | - | - | $1.88M |
| Stock-based compensation | $2.27M | $31.93M | - | $10.63M | - |
| Depreciation and amortization | $54.74M | $76.49M | $54.96M | $12.79M | $2.06M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue growth, YoY | -43.8% | 36.1% | 7004.8% | 159.2% | - |
| Gross margin | 8.7% | 3.2% | 15.0% | 24.1% | 15.1% |
| Operating margin | -81.5% | -85.1% | -108.4% | -7192.8% | -3063.2% |
| Net margin | -89.4% | -119.5% | -109.3% | -7574.8% | -2997.9% |
| Free cash flow margin | -79.6% | -98.0% | -88.5% | -5072.3% | -4369.3% |
| Return on equity | - | - | - | - | -56.6% |
| Return on assets | -23.8% | -48.3% | -46.8% | -52.8% | - |
| Current ratio | 0.38 | 0.42 | 0.50 | 0.88 | - |
| Debt to equity | - | - | - | - | 0.65 |
Source: XBRL data Lotus Technology Inc. files with the SEC, latest filing dated Apr 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
LOT peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| LOT | $519.10M | -43.8% | -$464.22M | -89.4% | $176.0M |
| TSLA | $103.57B | +8.3% | $3.22B | 3.1% | $1.49T |
| TM | ¥50.68T | +5.5% | ¥3.85T | 7.6% | $284.80B |
| RACE | €7.15B | +7.0% | €1.60B | 22.3% | $98.00B |
| GM | $186.95B | -0.3% | $4.08B | 2.2% | $75.62B |
| PCAR | $29.08B | -1.5% | $2.76B | 9.5% | $55.67B |
| F | $186.97B | -1.4% | -$7.79B | -4.2% | $50.00B |
| HMC | ¥21.80T | +0.5% | -¥423.94B | -1.9% | $46.50B |
| RIVN | $6.48B | +11.1% | -$2.98B | -45.9% | $20.45B |
LOT FAQ
9 questionsWhat is LOT revenue?
Lotus Technology Inc. (LOT) reported $519.10M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 43.8% from the year before.Is LOT profitable?
No. Lotus Technology Inc. reported a net loss of $464.22M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does LOT have?
Lotus Technology Inc. reported $73.43M in cash and cash equivalents and $1.39B of debt on its most recent balance sheet in SEC filings.How fast is LOT revenue growing?
Lotus Technology Inc.'s revenue changed -43.8% in fiscal 2025, to $519.10M.What is LOT gross margin?
Lotus Technology Inc.'s gross profit was $45.21M on $519.10M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 8.7%.What is LOT free cash flow?
Lotus Technology Inc. generated -$413.34M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -$333.91M less capital expenditures.What is LOT earnings per share?
Diluted earnings per share were -$0.72 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did LOT last report financial results?
The latest statements here come from Lotus Technology Inc.'s 20-F filed on Apr 28, 2026, covering the period ended Dec 31, 2025.Where does this LOT financial data come from?
Quantisnow builds these statements from the structured XBRL data Lotus Technology Inc. files with the SEC. It is provided for information only and is not investment advice.