Lotus Technology Inc. (LOT)

Lotus Technology Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	519.1	924.35	679.01	9.56	3.69
Revenue Growth (YoY)	-43.84%	36.13%	7004.82%	159.21%	-
Cost of Revenue	473.89	894.72	576.83	7.25	3.13
Gross Profit	45.21	29.63	102.18	2.31	0.56
Selling, General & Admin	284.11	549.79	473.47	299.7	92.83
Research & Development	170.96	274.8	368.73	445.84	511.36
Other Operating Expenses	-38.46	-8.64	-4.08	-55.82	-490.69
Operating Expenses	416.61	815.95	838.12	689.72	113.5
Operating Income	-371.4	-786.32	-735.94	-687.41	-112.94
Interest Expense	-63.34	-58.22	-10.2	-8.54	-3.62
Interest & Investment Income	38.88	36.52	9.2	12.19	8.45
Earnings From Equity Investments	1.99	-0.17	-1.05	-2.76	-
Currency Exchange Gain (Loss)	25.71	-11.66	0.04	-11.51	0.8
Other Non Operating Income (Expenses)	-28.32	-285.42	-10.04	-22.99	-1.37
EBT Excluding Unusual Items	-396.48	-1,105	-747.98	-721.03	-108.68
Gain (Loss) on Sale of Investments	-	-	-1.16	-3.25	-
Asset Writedown	-51.8	-	-	-	-
Pretax Income	-448.28	-1,105	-749.14	-724.27	-108.68
Income Tax Expense	15.95	2.01	1.11	0.29	1.85
Earnings From Continuing Operations	-464.22	-1,107	-750.26	-724.56	-110.53
Minority Interest in Earnings	0	2.36	8.25	0.64	-
Net Income	-464.22	-1,105	-742	-723.92	-110.53
Preferred Dividends & Other Adjustments	-	2.98	15.12	0.91	-
Net Income to Common	-464.22	-1,108	-757.12	-724.83	-110.53
Shares Outstanding (Basic)	649	645	475	476	334
Shares Outstanding (Diluted)	649	645	475	476	334
Shares Change (YoY)	0.51%	35.95%	-0.25%	42.40%	-
EPS (Basic)	-0.72	-1.72	-1.60	-1.52	-0.33
EPS (Diluted)	-0.72	-1.72	-1.60	-1.52	-0.33
Free Cash Flow	-	-905.86	-600.65	-484.76	-161.1
Free Cash Flow Per Share	-	-1.40	-1.27	-1.02	-0.48
Gross Margin	8.71%	3.21%	15.05%	24.14%	15.11%
Operating Margin	-71.55%	-85.07%	-108.38%	-7192.77%	-3063.25%
Profit Margin	-89.43%	-119.86%	-111.50%	-7584.29%	-2997.86%
Free Cash Flow Margin	-	-98.00%	-88.46%	-5072.35%	-4369.27%
EBITDA	-294.91	-709.83	-680.98	-674.62	-110.89
EBITDA Margin	-56.81%	-76.79%	-100.29%	-	-
D&A For EBITDA	76.49	76.49	54.96	12.79	2.06
EBIT	-371.4	-786.32	-735.94	-687.41	-112.94
EBIT Margin	-71.55%	-85.07%	-108.38%	-	-
Revenue as Reported	519.1	924.35	679.01	9.56	3.69
Advertising Expenses	-	134.61	150.92	90.43	21.21

Updated Apr 10, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q