ECARX Holdings Inc.ECXEarnings & Financial Report
ECARX Holdings Inc. is a global mobility technology provider specializing in integrated smart vehicle solutions, including in-vehicle infotainment systems, advanced driver assistance technologies, and connected car cloud services. It primarily partners with automotive manufacturers across the world, with a strong operational presence in the Chinese and European markets.
Revenue
$303.5M
Gross Profit
$68.5M
Operating Profit
$-67.4M
Net Profit
$-79.2M
Gross Margin
22.6%
Operating Margin
-22.2%
Net Margin
-26.1%
YoY Growth
N/A
EPS
$-0.23
Financial Flow
ECARX Holdings Inc. Q2 2024 Financial Summary
ECARX Holdings Inc. reported revenue of $303.5M for Q2 2024, with a net profit of $-79.2M (-26.1% margin). Cost of goods sold was $235.0M, operating expenses totaled $135.8M.
Key Financial Metrics
| Total Revenue | $303.5M |
|---|---|
| Net Profit | $-79.2M |
| Gross Margin | 22.6% |
| Operating Margin | -22.2% |
| Report Period | Q2 2024 |
ECARX Holdings Inc. Quarterly Revenue & Net Profit History
ECARX Holdings Inc. results over the last 5 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 2025 | $323.3M | +6.5% | $-69.1M | -21.4% |
| Q2 2024 | $303.5M | — | $-79.2M | -26.1% |
| Q2 2023 | $33 | — | $-8 | -23.8% |
| Q1 2023 | $15 | — | $-4 | -25.6% |
| Q4 2022 | $71 | — | $-31 | -43.3% |
Income Statement
| Q4 2022 | Q1 2023 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|---|
| Revenue | $71 | $15 | $33 | $303.5M | $323.3M |
| YoY Growth | N/A | N/A | N/A | N/A | 6.5% |
Balance Sheet
| Q4 2022 | Q1 2023 | Q2 2023 | Q2 2024 | Q2 2025 | |
|---|---|---|---|---|---|
| Assets | $616.3M | $74 | $552 | $555.0M | $494.9M |
| Liabilities | $642.0M | $81 | $600 | $749.0M | $790.2M |
| Equity | $-25.7M | N/A | $-46.4M | $-198.5M | $-293.7M |
Cash Flow
| Q4 2022 | Q2 2024 | Q2 2025 | |
|---|---|---|---|
| Operating CF | $-58.8M | $-57.1M | $-82.0M |