Lotus Technology (LOTWW) Financials
Newest figures come from the 10-K for FY2025, filed Apr 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LOTWW SEC filings page.
Lotus Technology (LOTWW) reported $519.1M in revenue for fiscal year 2025, down 43.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue contraction coincided with narrower losses, while cash deficits and negative equity keep external financing central to the business model.
The FY2025 margin recovery alongside lower revenue points to a different cost or revenue mix, not growth-driven leverage: gross margin rose from3.2% to8.7% . Yet operating cash flow was-$333.9M and free cash flow was-$413.3M , so the accounting improvement did not translate into cash self-funding.
The FY2025 balance-sheet deficit is structural: liabilities were
Financing inflows supplied
Financial Health Signals
Lotus Technology does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Lotus Technology passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Lotus Technology reported a net loss of $464.2M while operations used $333.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Lotus Technology reported an operating loss of $423.2M against $63.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Lotus Technology held $73.4M in cash against $128.9M in long-term debt as of Q4 2025, with $2.4B of liabilities due within a year.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
LOTWW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
LOTWW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K | Q2'2510-Q | Q4'2410-K | Q4'2310-K | Q4'2210-K | Q4'2110-K |
|---|---|---|---|---|---|---|
| Total Assets | $2.0B-14.6% | $2.3B | $2.3B+44.2% | $1.6B+15.5% | $1.4B | N/A |
| Current Assets | $911.1M-12.6% | $1.1B | $1.0B+18.0% | $883.7M+7.3% | $823.5M | N/A |
| Cash & Equivalents | $73.4M-28.8% | $67.8M | $103.1M-75.4% | $418.9M-43.1% | $736.6M+38.6% | $531.5M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $121.4M-35.6% | $164.4M | $188.6M-28.9% | $265.2M+1068.1% | $22.7M | N/A |
| Long-Term Investments | $48.0M+2061.4% | $0 | $2.2M-33.2% | $3.3M | $0 | $0 |
| Total Liabilities | $3.3B+4.4% | $3.4B | $3.1B+12.8% | $2.8B+52.9% | $1.8B | N/A |
| Current Liabilities | $2.4B-2.8% | $2.2B | $2.5B+40.4% | $1.8B+88.4% | $932.9M | N/A |
| Non-Current Liabilities | $884.9M+30.4% | $1.1B | $678.5M+3.7% | $654.6M+25.0% | $523.7M | N/A |
| Long-Term Debt | $128.9M+25.1% | $125.9M | $103.0M+36.1% | $75.7M-82.3% | $427.1M+237.9% | $126.4M |
| Total Equity | -$1.3B-55.1% | -$1.1B | -$852.9M+29.2% | -$1.2B-166.4% | -$452.4M-331.6% | $195.3M |
| Retained Earnings | -$3.2B-17.2% | -$3.0B | -$2.7B-69.5% | -$1.6B-87.6% | -$846.8M | N/A |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill.
LOTWW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
LOTWW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$1.3B), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.38), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Lotus Technology Ranks
Frequently Asked Questions
What is Lotus Technology's annual revenue?
Lotus Technology (LOTWW) reported $519.1M in total revenue for fiscal year 2025. This represents a -43.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Lotus Technology's revenue growing?
Lotus Technology (LOTWW) revenue declined by 43.8% year-over-year, from $924.3M to $519.1M in fiscal year 2025.
Is Lotus Technology profitable?
No, Lotus Technology (LOTWW) reported a net income of -$464.2M in fiscal year 2025, with a net profit margin of -89.4%.
What is Lotus Technology's EBITDA?
Lotus Technology (LOTWW) had EBITDA of -$368.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Lotus Technology have?
As of fiscal year 2025, Lotus Technology (LOTWW) had $73.4M in cash and equivalents against $128.9M in long-term debt.
What is Lotus Technology's gross margin?
Lotus Technology (LOTWW) had a gross margin of 8.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Lotus Technology's operating margin?
Lotus Technology (LOTWW) had an operating margin of -81.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Lotus Technology's net profit margin?
Lotus Technology (LOTWW) had a net profit margin of -89.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Lotus Technology's free cash flow?
Lotus Technology (LOTWW) recorded an outflow of $413.3M in free cash flow during fiscal year 2025. This represents a 54.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Lotus Technology's operating cash flow?
Lotus Technology (LOTWW) recorded an outflow of $333.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Lotus Technology's total assets?
Lotus Technology (LOTWW) had $2.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Lotus Technology's capital expenditures?
Lotus Technology (LOTWW) invested $79.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Lotus Technology spend on research and development?
Lotus Technology (LOTWW) invested $171.0M in research and development during fiscal year 2025.
What is Lotus Technology's current ratio?
Lotus Technology (LOTWW) had a current ratio of 0.38 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Lotus Technology's return on assets (ROA)?
Lotus Technology (LOTWW) had a return on assets of -23.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is Lotus Technology's debt-to-equity ratio negative or not reported?
Lotus Technology (LOTWW) has negative shareholder equity of -$1.3B as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Lotus Technology's Piotroski F-Score?
Lotus Technology (LOTWW) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Lotus Technology's earnings high quality?
Lotus Technology (LOTWW) reported a net loss of $464.2M while operations used $333.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Lotus Technology cover its interest payments?
Lotus Technology (LOTWW) reported an operating loss of $423.2M against $63.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.