A lotion pump includes a movable portion and a stationary portion. A shifting mechanism is formed on the movable portion and the stationary portion, which shifts the elastic restoring mechanism of the lotion pump between a standby state and a non-standby state as the movable portion rotates or moves up and down. The structure of the lotion pump can prevent the spring from yielding due to compressed for a long time, while can also realize a form of locking at lower position.