LOT: financial statements from SEC — TradeAlmanac

LOT

Lotus Technology Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	519m	924m	679m	10m
Cost of revenue	474m	895m	577m	7m
Gross profit	45m	30m	102m	2m
Research and development	171m	275m	369m	446m
Selling, general and administrative	136m	227m	145m	148m
Operating expenses	468m	816m	838m	690m
Operating income	−423m	−786m	−736m	−687m
Interest expense	63m	58m	10m	9m
Pre-tax income	−450m	−1.11bn	−749m	−724m
Income tax	16m	2m	1m	292,000
Net income	−464m	−1.10bn	−742m	−724m
Earnings per share	−0.72	−1.72	−1.60	−1.52
Earnings per share, diluted	−0.72	−1.72	−1.60	−1.52
Weighted average shares	649m	645m	475m	476m
Weighted average shares, diluted	649m	645m	475m	476m

Balance sheet

Metric	Aug 19, 2026	Aug 18, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash and equivalents	—	—	73m	103m	419m	737m	531m
Inventory	—	—	121m	189m

Cash flow

Metric	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Operating cash flow	−334m	−849m	−387m	−351m
Depreciation and amortisation	55m	76m	55m	13m
Share-based compensation	2m	32m	—	11m

Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)