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Lotus Tech FY26 H1 operating loss narrows 63% YoY to US$97 million; revenue rises 23% YoY to US$268 million
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Lotus Tech FY26 H1 operating loss narrows 63% YoY to US$97 million; revenue rises 23% YoY to US$268 million
  • Lotus Technology posted revenue of US$ 268 million, up 23% year over year for the half year ended June 30, 2026.
  • Operating loss narrowed to US$ 97 million from a year earlier, supported by cost discipline and a one-off license fee refund.
  • Net loss narrowed to US$ 151 million, with gross margin rising to 10% from 8% a year earlier.
  • Deliveries climbed 39% to 3,904 vehicles, helped by the launch of the Eletre X PHEV.
  • Completed the acquisition of Lotus UK, integrating operations under “One Lotus,” with US$ 128 million in first-half funding from Geely.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lotus Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608270600PRIMZONEFULLFEED9816943) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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