Lotus Technology delivered Q3 results showing improved margins and significantly reduced net loss. Revenues dropped year-over-year, but operational efficiency improved. The company is preparing to launch a new PHEV model and continues its strategic acquisition of Lotus UK.

In Q2 2025, Lotus Technology reported a sharp drop in revenue and deliveries due to tariff impacts and shifting model mix. However, the company reduced its net and operating losses, and improved adjusted EBITDA thanks to cost controls and the launch of upgraded models.

Lotus Technology delivered 1,274 vehicles generating $93 million in revenue. Despite a net loss of $183 million, the company significantly reduced its operating loss and improved gross margin to 12%.

Lotus Technology Inc. announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. The company reported a total revenue of $272 million for Q4 2024, a 25% decrease year-over-year, and a gross margin of -11%. Net loss increased significantly by 97% to $441 million.

The company has not released its Q4 2021 financial results. No revenue, profit, or operational metrics have been disclosed for the quarter.

Lotus Technology has not released Q4 2022 financial results. No quarterly figures or fiscal year-end data have been published at this time.

No financial or operational data has been released for Q1 2023 by Lotus Technology. All values and metrics remain undisclosed at this time.