Lotus Technology (LOTWW) Financials

$0.06 -0.01 (-17.02%)

As of 03:30 PM Eastern

Annual Income Statements for Lotus Technology

This table shows Lotus Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024	2025
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-111	-725	-757	-1,108	-464
Consolidated Net Income / (Loss)	-111	-725	-750	-1,107	-464
Net Income / (Loss) Continuing Operations	-111	-725	-750	-1,107	-464
Total Pre-Tax Income	-109	-724	-748	-1,105	-450
Total Operating Income	-113	-687	-736	-786	-423
Total Gross Profit	0.56	2.31	102	30	45
Total Revenue	3.69	22	679	924	519
Operating Revenue	3.69	22	679	924	519
Total Cost of Revenue	3.13	7.25	577	895	474
Operating Cost of Revenue	3.13	7.25	577	895	474
Total Operating Expenses	113	690	838	816	468
Selling, General & Admin Expense	55	148	145	227	136
Marketing Expense	38	151	329	322	148
Research & Development Expense	511	446	369	275	171
Other Operating Expenses / (Income)	-491	-56	-4.08	-8.64	-38
Impairment Charge	-	-	0.00	0.00	52
Total Other Income / (Expense), net	4.38	-49	-12	-319	-27
Interest Expense	4.86	8.54	10	58	63
Interest & Investment Income	8.45	-6.01	8.04	37	39
Other Income / (Expense), net	0.80	-34	-10.00	-297	-2.61
Income Tax Expense	1.85	0.29	1.11	2.01	16
Other Gains / (Losses), net	-	-	-1.05	-0.17	1.99
Preferred Stock Dividends Declared	0.00	0.91	15	2.98	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-0.64	-8.25	-2.36	-0.00
Basic Earnings per Share	($0.33)	($1.52)	($1.60)	($1.72)	($0.72)
Weighted Average Basic Shares Outstanding	334.13M	475.81M	474.62M	645.23M	648.54M
Diluted Earnings per Share	($0.33)	($1.52)	($1.60)	($1.72)	($0.72)
Weighted Average Diluted Shares Outstanding	334.13M	475.81M	474.62M	645.23M	648.54M
Weighted Average Basic & Diluted Shares Outstanding	-	-	2.45B	678.24M	642.09M

No quarterly income statements for Lotus Technology are available.

This table details how cash moves in and out of Lotus Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024	2025
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	486	257	-300	32	72
Net Cash From Operating Activities	-127	-351	-387	-849	-334
Net Cash From Continuing Operating Activities	-127	-351	-387	-849	-334
Net Income / (Loss) Continuing Operations	-111	-725	-750	-1,107	-464
Consolidated Net Income / (Loss)	-111	-725	-750	-1,107	-464
Depreciation Expense	2.06	13	55	76	55
Amortization Expense	-	-55	0.00	-0.03	-0.06
Non-Cash Adjustments To Reconcile Net Income	-536	80	87	347	41
Changes in Operating Assets and Liabilities, net	518	336	222	-165	34
Net Cash From Investing Activities	244	-149	-198	-579	278
Net Cash From Continuing Investing Activities	244	-149	-198	-579	278
Purchase of Property, Plant & Equipment	-35	-133	-214	-57	-79
Acquisitions	0.00	-3.11	-5.06	-0.41	0.00
Purchase of Investments	0.00	-303	-39	-810	-61
Sale of Property, Plant & Equipment	0.01	1.07	5.12	6.54	20
Divestitures	0.00	0.00	1.38	6.79	59
Sale and/or Maturity of Investments	0.00	289	37	247	328
Other Investing Activities, net	279	0.00	16	28	11
Net Cash From Financing Activities	365	758	285	1,460	128
Net Cash From Continuing Financing Activities	365	758	285	1,460	128
Repayment of Debt	0.00	-96	-279	-461	-1,009
Payment of Dividends	-1.88	0.00	-0.15	0.00	0.00
Issuance of Debt	148	482	534	1,542	1,632
Issuance of Common Equity	198	0.15	4.46	825	18
Other Financing Activities, net	20	54	25	-447	-513
Cash Interest Paid	0.00	0.47	8.09	8.14	19
Cash Income Taxes Paid	0.06	1.76	1.15	0.68	16

No quarterly cash flow statements for Lotus Technology are available.

This table presents Lotus Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	1,372	1,585	2,286	1,953
Total Current Assets	823	884	1,043	911
Cash & Equivalents	737	419	103	73
Restricted Cash	2.39	7.87	379	376
Accounts Receivable	8.66	99	225	151
Inventories, net	23	265	189	121
Prepaid Expenses	53	93	147	189
Plant, Property, & Equipment, net	253	355	316	227
Total Noncurrent Assets	295	346	926	815
Long-Term Investments	8.41	7.79	9.72	48
Noncurrent Note & Lease Receivables	-	0.00	270	351
Intangible Assets	116	116	117	116
Other Noncurrent Operating Assets	170	222	528	198
Other Noncurrent Nonoperating Assets	0.54	0.32	2.57	101
Total Liabilities & Shareholders' Equity	1,372	1,585	2,286	1,953
Total Liabilities	1,457	2,412	3,146	3,283
Total Current Liabilities	933	1,757	2,467	2,398
Short-Term Debt	29	247	916	1,390
Accounts Payable	7.24	361	472	513
Accrued Expenses	507	710	605	465
Other Current Liabilities	379	440	474	30
Total Noncurrent Liabilities	524	655	678	885
Long-Term Debt	77	82	74	249
Noncurrent Deferred & Payable Income Tax Liabilities	0.13	270	0.00	0.70
Other Noncurrent Operating Liabilities	447	303	604	636
Commitments & Contingencies	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-453	-1,211	-860	-1,330
Total Preferred & Common Equity	-452	-1,205	-853	-1,322
Total Common Equity	-452	-1,205	-853	-1,322
Common Stock	403	358	1,786	1,934
Retained Earnings	-847	-1,589	-2,694	-3,158
Accumulated Other Comprehensive Income / (Loss)	18	25	55	40
Other Equity Adjustments	-26	-	0.00	-138
Noncontrolling Interest	-0.64	-5.40	-7.36	-7.75

No quarterly balance sheets for Lotus Technology are available.

This table displays calculated financial ratios and metrics derived from Lotus Technology's official financial filings.

Metric	2021	2022	2023	2024	2025
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	642,089,875.00
DEI Adjusted Shares Outstanding	-	-	-	-	642,089,875.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-0.72
Growth Metrics	-	-	-	-	-
Revenue Growth	0.00%	489.77%	3,022.59%	36.13%	-43.84%
EBITDA Growth	0.00%	-594.06%	10.88%	-5.96%	63.14%
EBIT Growth	0.00%	-543.73%	-1.94%	-8.44%	60.70%
NOPAT Growth	0.00%	-508.64%	-7.06%	-6.85%	46.18%
Net Income Growth	0.00%	-555.53%	-3.55%	-47.59%	58.08%
EPS Growth	0.00%	-360.61%	-5.26%	-7.50%	58.14%
Operating Cash Flow Growth	0.00%	-177.79%	-10.11%	-119.29%	60.65%
Free Cash Flow Firm Growth	0.00%	0.00%	-226.84%	-276.48%	66.91%
Invested Capital Growth	0.00%	0.00%	-30.43%	60.98%	20.39%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-
Gross Margin	15.11%	10.61%	15.05%	3.21%	8.71%
EBITDA Margin	-2,985.84%	-3,513.79%	-100.28%	-78.06%	-71.49%
Operating Margin	-3,063.25%	-3,161.25%	-108.38%	-85.07%	-81.53%
EBIT Margin	-3,041.61%	-3,319.89%	-108.38%	-86.33%	-82.03%
Profit (Net Income) Margin	-2,997.86%	-3,332.09%	-110.49%	-119.79%	-89.43%
Tax Burden Percent	101.71%	100.04%	100.15%	100.18%	103.10%
Interest Burden Percent	96.91%	100.33%	101.80%	138.51%	105.74%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.00%	856.40%	164.57%	131.24%	42.39%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	-52.62%	-49.78%	-41.24%	-20.09%
Return on Assets (ROA)	0.00%	-52.81%	-50.75%	-57.22%	-21.91%
Return on Common Equity (ROCE)	0.00%	4,579.00%	299.20%	160.08%	42.09%
Return on Equity Simple (ROE_SIMPLE)	0.00%	160.17%	62.25%	129.83%	0.00%
Net Operating Profit after Tax (NOPAT)	-79	-481	-515	-550	-296
NOPAT Margin	-2,144.27%	-2,212.87%	-75.87%	-59.55%	-57.07%
Net Nonoperating Expense Percent (NNEP)	0.00%	-77.13%	-63.77%	285.74%	21.87%
Return On Investment Capital (ROIC_SIMPLE)	-	138.47%	58.41%	-421.95%	-96.08%
Cost of Revenue to Revenue	84.89%	33.34%	84.95%	96.79%	91.29%
SG&A Expenses to Revenue	1,485.30%	682.31%	21.29%	24.61%	26.17%
R&D to Revenue	13,869.38%	2,050.33%	54.30%	29.73%	32.93%
Operating Expenses to Revenue	3,078.36%	3,171.86%	124.03%	89.21%	90.24%
Earnings before Interest and Taxes (EBIT)	-112	-722	-736	-798	-426
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-110	-764	-681	-722	-371
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.00	1.76
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	3.95
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-
Debt to Equity	0.00	-1.25	-0.40	-1.15	-1.23
Long-Term Debt to Equity	0.00	-0.91	-0.10	-0.09	-0.19
Financial Leverage	0.00	7.46	0.81	-0.23	-0.70
Leverage Ratio	0.00	-16.22	-3.24	-2.29	-1.93
Compound Leverage Factor	0.00	-16.27	-3.30	-3.18	-2.05
Debt to Total Capital	0.00%	504.58%	-65.94%	759.43%	531.45%
Short-Term Debt to Total Capital	0.00%	137.47%	-49.56%	702.52%	450.80%
Long-Term Debt to Total Capital	0.00%	367.11%	-16.38%	56.92%	80.65%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	1,758.64%	-75.85%	-5.65%	-2.51%
Common Equity to Total Capital	0.00%	-2,163.22%	241.79%	-653.79%	-428.94%
Debt to EBITDA	0.00	-0.14	-0.48	-1.37	-4.42
Net Debt to EBITDA	0.00	0.84	0.16	-0.69	-3.08
Long-Term Debt to EBITDA	0.00	-0.10	-0.12	-0.10	-0.67
Debt to NOPAT	0.00	-0.22	-0.64	-1.80	-5.53
Net Debt to NOPAT	0.00	1.33	0.21	-0.91	-3.85
Long-Term Debt to NOPAT	0.00	-0.16	-0.16	-0.13	-0.84
Altman Z-Score	0.00	0.00	0.00	0.00	-3.46
Noncontrolling Interest Sharing Ratio	0.00%	-434.68%	-81.81%	-21.97%	0.69%
Liquidity Ratios	-	-	-	-	-
Current Ratio	0.00	0.88	0.50	0.42	0.38
Quick Ratio	0.00	0.80	0.29	0.13	0.09
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	234	-297	-1,120	-370
Operating Cash Flow to CapEx	-365.88%	-265.68%	-185.49%	-1,670.38%	-564.08%
Free Cash Flow to Firm to Interest Expense	0.00	27.45	-14.69	-3.26	-5.85
Operating Cash Flow to Interest Expense	-26.01	-41.14	-19.12	-2.47	-5.27
Operating Cash Flow Less CapEx to Interest Expense	-33.12	-56.63	-29.42	-2.62	-6.21
Efficiency Ratios	-	-	-	-	-
Asset Turnover	0.00	0.02	0.46	0.48	0.24
Accounts Receivable Turnover	0.00	2.51	12.60	5.71	2.76
Inventory Turnover	0.00	0.32	4.01	3.94	3.06
Fixed Asset Turnover	0.00	0.09	2.23	2.75	1.91
Accounts Payable Turnover	0.00	1.00	3.14	2.15	0.96
Days Sales Outstanding (DSO)	0.00	145.30	28.96	63.97	132.14
Days Inventory Outstanding (DIO)	0.00	1,142.98	91.09	92.56	119.36
Days Payable Outstanding (DPO)	0.00	364.30	116.36	169.85	379.49
Cash Conversion Cycle (CCC)	0.00	923.98	3.69	-13.33	-127.98
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	0.00	-716	-933	-364	-290
Invested Capital Turnover	0.00	-0.06	-0.82	-1.42	-1.59
Increase / (Decrease) in Invested Capital	0.00	-716	-218	569	74
Enterprise Value (EV)	0.00	0.00	0.00	0.00	2,048
Market Capitalization	0.00	0.00	0.00	0.00	914
Book Value per Share	$0.00	($0.95)	($2.54)	($0.35)	($1.95)
Tangible Book Value per Share	$0.00	($1.20)	($2.78)	($0.40)	($2.12)
Total Capital	0.00	21	-498	130	308
Total Debt	0.00	106	329	991	1,639
Total Long-Term Debt	0.00	77	82	74	249
Net Debt	0.00	-642	-106	499	1,141
Capital Expenditures (CapEx)	35	132	209	51	59
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-820	-1,053	-990	-546
Debt-free Net Working Capital (DFNWC)	0.00	-81	-627	-508	-97
Net Working Capital (NWC)	0.00	-109	-874	-1,424	-1,487
Net Nonoperating Expense (NNE)	31	243	235	557	168
Net Nonoperating Obligations (NNO)	0.00	-631	-106	496	1,040
Total Depreciation and Amortization (D&A)	2.06	-42	55	76	55
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-3,769.44%	-155.13%	-107.15%	-105.25%
Debt-free Net Working Capital to Revenue	0.00%	-370.97%	-92.27%	-54.96%	-18.70%
Net Working Capital to Revenue	0.00%	-503.18%	-128.65%	-154.10%	-286.46%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($1.60)	($1.72)	($0.72)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	474.62M	645.23M	648.54M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($1.60)	($1.72)	($0.72)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	474.62M	645.23M	648.54M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	2.45B	678.24M	642.09M
Normalized Net Operating Profit after Tax (NOPAT)	-79	-481	-515	-550	-260
Normalized NOPAT Margin	-2,144.27%	-2,212.87%	-75.87%	-59.55%	-50.08%
Pre Tax Income Margin	-2,947.60%	-3,330.75%	-110.33%	-119.57%	-86.74%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	-23.06	-84.51	-36.36	-2.32	-6.72
NOPAT to Interest Expense	-16.26	-56.33	-25.45	-1.60	-4.68
EBIT Less CapEx to Interest Expense	-30.17	-100.00	-46.67	-2.47	-7.66
NOPAT Less CapEx to Interest Expense	-23.37	-71.82	-35.76	-1.75	-5.61
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	-1.70%	0.00%	-0.02%	0.00%	0.00%
Augmented Payout Ratio	-1.70%	0.00%	-0.02%	0.00%	0.00%

No quarterly metrics and ratios for Lotus Technology are available.

Financials Breakdown Chart

Frequently Asked Questions About Lotus Technology's Financials

When does Lotus Technology's fiscal year end?

According to the most recent income statement we have on file, Lotus Technology's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has Lotus Technology's net income changed over the last 4 years?

Lotus Technology's net income appears to be on an upward trend, with a most recent value of -$464.22 million in 2025, rising from -$110.53 million in 2021. The previous period was -$1.11 billion in 2024.

What is Lotus Technology's operating income?

Lotus Technology's total operating income in 2025 was -$423.20 million, based on the following breakdown:

Total Gross Profit: $45.21 million
Total Operating Expenses: $468.41 million

How has Lotus Technology's revenue changed over the last 4 years?

Over the last 4 years, Lotus Technology's total revenue changed from $3.69 million in 2021 to $519.10 million in 2025, a change of 13,979.1%.

How much debt does Lotus Technology have?

Lotus Technology's total liabilities were at $3.28 billion at the end of 2025, a 4.4% increase from 2024, and a 125.4% increase since 2022.

How much cash does Lotus Technology have?

In the past 3 years, Lotus Technology's cash and equivalents has ranged from $73.43 million in 2025 to $736.61 million in 2022, and is currently $73.43 million as of their latest financial filing in 2025.

How has Lotus Technology's book value per share changed over the last 4 years?

Over the last 4 years, Lotus Technology's book value per share changed from 0.00 in 2021 to -1.95 in 2025, a change of -195.0%.

Related Companies

Financial statements for NASDAQ:LOTWW last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Lotus Technology (LOTWW) Financials

Financials Breakdown Chart

Frequently Asked Questions About Lotus Technology's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Lotus Technology (LOTWW) Financials

Annual Income Statements for Lotus Technology

Quarterly Income Statements for Lotus Technology

Annual Cash Flow Statements for Lotus Technology

Quarterly Cash Flow Statements for Lotus Technology

Annual Balance Sheets for Lotus Technology

Quarterly Balance Sheets for Lotus Technology

Annual Metrics And Ratios for Lotus Technology

Quarterly Metrics And Ratios for Lotus Technology

Financials Breakdown Chart

Frequently Asked Questions About Lotus Technology's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools