NASDAQ$LOT

Lotus Technology Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Lotus Technology Q3 2025: revenue $137M down 46% but net loss narrows 68% to $65M

Lotus Technology reported unaudited third quarter 2025 results for the period ended September 30, 2025, with total revenue of $137 million, down 46% year over year amid tariff impacts, destocking, and phased upgraded model deliveries. Gross margin improved to 8% from 3% in Q3 2024, and net loss narrowed 68% to $65 million from $206 million. Operating loss improved to $94 million from $160 million, and adjusted EBITDA loss narrowed to $54 million from $182 million. The company delivered 1,799 vehicles in the quarter and 4,612 in the first nine months. Management confirmed an upcoming PHEV model launch and continued progress toward acquiring Lotus UK following put option exercises by Geely and Etika.

  • Q3 revenue was $137 million, down 46% YoY; nine-month revenue was $356 million, also down 46%.
  • Net loss narrowed 68% YoY to $65 million; adjusted EBITDA loss improved to $54 million from $182 million.
  • Gross margin rose to 8% from 3% in Q3 2024 on a higher share of upgraded models in deliveries.
  • Q3 deliveries were 1,799 units (35% YoY decline); nine-month deliveries totaled 4,612 units.
  • Company preparing strategic acquisition of Lotus UK after Geely and Etika put option exercises; closing expected in 2026.

Headline financials

Total Revenue

$137M

No prior period
EPS (adj)

-$0.10

No prior period
Nine-month deliveries

4.6K

No prior period
Gross margin

8.0%

No prior period
Vehicle deliveries

1.8K

No prior period
Net Income

-$65M

No prior period
Operating Income

-$94M

No prior period
Gross Profit

$11M

No prior period
Cash & Equivalents

$65.3M

No prior period

Revenue & EPS history

Lotus Technology · Revenue · Quarterly

$137M

Q3 2025

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 14 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+0.2%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+15.9%

Avg return

30 days after

53%

8 / 15 earnings

Positive

+3.0%

Q4 2022

Best reaction

-4.3%

Q4 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-4.3%+19.0%+5.2%
Q4 2025-4.3%-2.1%+13.2%
Q3 2025+2.5%+6.3%+3.9%
Q2 2025+0.0%-2.8%-9.4%
Q4 2024+0.8%+3.4%+72.7%
Q4 2021+3.0%-0.5%+60.7%
Q4 2022+3.0%-0.5%+60.7%
Q4 2023+2.4%-0.7%+28.0%
Q3 2023+0.0%-0.4%+0.0%
Q2 2023+0.0%+0.2%+0.8%
Q1 2023+0.0%+0.0%+0.8%
Q3 2022+0.1%+0.2%+0.7%
Q2 2022+0.0%-0.4%+0.0%
Q1 2022+0.1%+0.4%+0.7%
Q3 2021-0.2%-0.2%+0.2%

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