The Lotus Sūtra is one of the most influential and venerated Buddhist Mahāyāna sūtras. It is the main scripture on which the Tiantai along with its derivative schools, the Japanese Tendai, Korean Cheontae, Vietnamese Thiên Thai and Nichiren schools of Buddhism were established. It is also influential for other East Asian Buddhist schools, such as Zen. According to the British Buddhologist Paul Williams, "For many Buddhists in East Asia since early times, the Lotus Sūtra contains the final teaching of Shakyamuni Buddha—complete and sufficient for salvation." The American Buddhologist Donald S. Lopez Jr. writes that the Lotus Sūtra "is arguably the most famous of all Buddhist texts," presenting "a radical re-vision of both the Buddhist path and of the person of the Buddha."

The Mahāyāna sūtras are a broad genre of Buddhist scripture (sūtra) that are accepted as canonical and as buddhavacana in Mahāyāna Buddhism. They are largely preserved in Sanskrit manuscripts, and translations in the Tibetan Buddhist canon and Chinese Buddhist canon. Several hundred Mahāyāna sūtras survive in Sanskrit, or in Chinese and Tibetan translations. They are also sometimes called Vaipulya ("extensive") sūtras by earlier sources. The Buddhist scholar Asaṅga classified the Mahāyāna sūtras as part of the Bodhisattva Piṭaka, a collection of texts meant for bodhisattvas.