Lotus Technology Inc. (LOT) Income Statement
LOT FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsLOT revenue and net income
Where LOT's revenue goes
FY2026Each bar shows an amount and its share of revenue. LOT kept −89.4% of revenue as net income.
LOT profit margins
LOT growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −43.8% | +278.7% | — | — |
| Gross profit | +52.6% | +169.6% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LOT quarterly EPS vs estimates
Lotus Technology Inc. beat the analyst EPS estimate in 1 of the last 3 quarters. Next report: November 23, 2026.
LOT income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $519.1M | $924.3M | $679.0M | $9.6M | $3.7M |
| Cost of revenue | $473.9M | $894.7M | $576.8M | $7.2M | $3.1M |
| Gross profit | $45.2M | $29.6M | $102.2M | $2.3M | $557,000 |
| Research & development | $171.0M | $267.5M | $368.7M | $445.8M | $511.4M |
| Sales, general & admin | $135.8M | $549.8M | $473.5M | $148.4M | $54.8M |
| Total operating expenses | $416.6M | $815.9M | $838.1M | $689.7M | $113.5M |
| Operating income | −$371.4M | −$786.3M | −$735.9M | −$687.4M | −$112.9M |
| Interest income | $28.1M | $22.3M | $9.2M | $12.2M | $6.2M |
| Interest expense | $63.3M | $58.2M | $10.2M | $8.5M | $3.6M |
| Income before taxes | −$448.3M | −$1.10B | −$749.1M | −$724.6M | −$108.7M |
| Income taxes | $15.9M | −$2.0M | $1.1M | $292,137 | $1.9M |
| Net income | −$464.2M | −$1.10B | −$742.0M | −$723.9M | −$110.5M |
| EBITDA | −$332.2M | −$969.9M | −$681.0M | −$674.6M | −$110.9M |
| EPS (diluted) | −$0.72 | −$1.17 | −$1.21 | $0.02 | $0.31 |
| Gross margin | 8.7% | 3.2% | 15.0% | 24.1% | 15.1% |
| Operating margin | −71.5% | −85.1% | −108.4% | −7,189.4% | −3,063.2% |
| Net margin | −89.4% | −119.5% | −109.3% | −7,571.2% | −2,997.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $268.1M | $163.3M | $163.3M | $136.8M | $126.6M | $92.8M | $271.5M | $254.7M | $225.0M | $172.7M | $363.6M | $274.5M |
| Cost of revenue | $241.8M | $146.9M | $146.9M | $126.0M | $119.8M | $81.7M | $301.0M | $246.5M | $204.4M | $142.5M | $294.7M | $226.5M |
| Gross profit | $26.3M | $16.5M | $16.5M | $10.8M | $6.8M | $11.1M | −$29.5M | $8.2M | $20.6M | $30.2M | $68.9M | $48.0M |
| Research & development | $1.6M | $41.2M | $41.2M | $37.3M | $44.1M | $48.6M | $47.3M | $52.7M | $70.2M | $104.5M | $135.1M | $108.1M |
| Sales, general & admin | $46.2M | $43.2M | $74.8M | $66.7M | $72.7M | $30.7M | $114.6M | $118.9M | $155.8M | $160.1M | $164.0M | $37.8M |
| Total operating expenses | $123.7M | $82.4M | $229.3M | $104.0M | $116.8M | $114.1M | $460.1M | $168.2M | $225.0M | $264.6M | $300.3M | $1.2M |
| Operating income | −$97.4M | −$66.0M | −$66.0M | −$93.2M | −$110.0M | −$103.0M | −$188.6M | −$160.0M | −$204.4M | −$234.3M | −$231.4M | −$1.2M |
| Interest income | — | — | $7.6M | $7.4M | $7.1M | $6.7M | $7.0M | $6.6M | $7.0M | $1.7M | $1.9M | $1.4M |
| Interest expense | $34.3M | $22.3M | $22.3M | $7.4M | $592,673 | $34.3M | $37.7M | $8.8M | $7.8M | $3.9M | $2.9M | $3.9M |
| Income before taxes | −$148.7M | −$86.5M | −$83.5M | −$63.5M | −$116.8M | −$182.2M | −$439.9M | −$205.5M | −$201.8M | −$258.1M | −$225.5M | $1.3M |
| Income taxes | −$664,000 | −$739,000 | — | $1.6M | $14.5M | $632,000 | — | $800,000 | $213,000 | $141,689 | −$238,658 | $1.4M |
| Net income | −$150.9M | −$85.8M | −$85.8M | −$65.1M | −$131.3M | −$182.8M | −$439.8M | −$205.8M | −$201.4M | −$257.9M | −$224.7M | $1.3M |
| EBITDA | −$114.4M | −$61.2M | −$61.2M | −$47.7M | −$92.4M | −$129.6M | −$402.3M | −$174.4M | −$170.5M | −$237.4M | −$206.3M | $17.4M |
| EPS (diluted) | −$0.20 | −$0.28 | −$0.14 | −$0.10 | −$0.20 | −$0.66 | — | −$0.31 | −$0.30 | −$0.47 | −$0.49 | $0.04 |
| Gross margin | 9.8% | 10.1% | 10.1% | 7.9% | 5.4% | 12.0% | −10.9% | 3.2% | 9.2% | 17.5% | 19.0% | 17.5% |
| Operating margin | −36.3% | −40.4% | −40.4% | −68.1% | −86.9% | −111.0% | −69.5% | −62.8% | −90.8% | −135.7% | −63.6% | −0.4% |
| Net margin | −56.3% | −52.5% | −52.5% | −47.6% | −103.8% | −197.0% | −162.0% | −80.8% | −89.5% | −149.3% | −61.8% | 0.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LOT's financial statements (latest annual report filed April 28, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LOT financial results
In fiscal year 2026 (ended June 30, 2026), Lotus Technology Inc. reported revenue of $519.1 million, down 43.8% from the year before. It had a net loss of $464.2 million, a net profit margin of −89.4%. Diluted earnings per share came to −$0.72.
See the LOT stock overview for the latest quote and news, or the LOT chart for price history and technical indicators.
LOT income statement FAQ
What is Lotus Technology Inc.'s annual revenue?
Lotus Technology Inc. reported total revenue of $519.1 million for fiscal year 2026, which ended on June 30, 2026. That was down 43.8% from $924.3 million the previous year.
Is Lotus Technology Inc. profitable?
No. Lotus Technology Inc. reported a net loss of $464.2 million in fiscal 2026, a net profit margin of −89.4%; its operating margin was −71.5%.
What is Lotus Technology Inc.'s gross margin?
Lotus Technology Inc.'s gross margin was 8.7% in fiscal 2026: for every $100 of revenue, Lotus Technology Inc. kept $9 after the direct cost of its products and services.
How much does Lotus Technology Inc. spend on research and development?
Lotus Technology Inc. spent $171.0 million on research and development in fiscal 2026, 32.9% of revenue.
What are Lotus Technology Inc.'s earnings per share?
Lotus Technology Inc. earned $-0.72 per diluted share in fiscal 2026, compared with $-1.17 a year earlier.
When will Lotus Technology Inc. report its next earnings?
Lotus Technology Inc. is expected to report results for the quarter ending September 30, 2026 on November 23, 2026.
When does Lotus Technology Inc.'s fiscal year end?
Lotus Technology Inc.'s fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on April 28, 2026.