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Side-by-side financial comparison of CNA FINANCIAL CORP (CNA) and ECARX Holdings Inc. (ECX). Click either name above to swap in a different company.
CNA FINANCIAL CORP is the larger business by last-quarter revenue ($389.0M vs $323.3M, roughly 1.2× ECARX Holdings Inc.). CNA FINANCIAL CORP runs the higher net margin — 77.6% vs -21.4%, a 99.0% gap on every dollar of revenue. On growth, ECARX Holdings Inc. posted the faster year-over-year revenue change (6.5% vs -2.0%). CNA FINANCIAL CORP produced more free cash flow last quarter ($542.0M vs $-86.5M).
CNA Financial Corporation is a financial corporation based in Chicago, Illinois, United States. Its principal subsidiary, Continental Casualty Company (CCC), was founded in 1897, and The Continental Insurance Company (CIC) was organized in 1853. CNA, the current parent company, was incorporated in 1967.
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.
CNA vs ECX — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2025
| Metric | ||
|---|---|---|
| Revenue | $389.0M | $323.3M |
| Net Profit | $302.0M | $-69.1M |
| Gross Margin | — | 15.5% |
| Operating Margin | 97.2% | -20.2% |
| Net Margin | 77.6% | -21.4% |
| Revenue YoY | -2.0% | 6.5% |
| Net Profit YoY | 1338.1% | 12.8% |
| EPS (diluted) | $1.11 | $-0.20 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $389.0M | — | ||
| Q3 25 | $393.0M | — | ||
| Q2 25 | $398.0M | $323.3M | ||
| Q1 25 | $397.0M | — | ||
| Q4 24 | $397.0M | — | ||
| Q3 24 | $401.0M | — | ||
| Q2 24 | $404.0M | $303.5M | ||
| Q1 24 | $407.0M | — |
| Q4 25 | $302.0M | — | ||
| Q3 25 | $403.0M | — | ||
| Q2 25 | $299.0M | $-69.1M | ||
| Q1 25 | $274.0M | — | ||
| Q4 24 | $21.0M | — | ||
| Q3 24 | $283.0M | — | ||
| Q2 24 | $317.0M | $-79.2M | ||
| Q1 24 | $338.0M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 15.5% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 22.6% | ||
| Q1 24 | — | — |
| Q4 25 | 97.2% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 95.5% | -20.2% | ||
| Q1 25 | 87.9% | — | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 90.0% | — | ||
| Q2 24 | 99.5% | -22.2% | ||
| Q1 24 | — | — |
| Q4 25 | 77.6% | — | ||
| Q3 25 | 102.5% | — | ||
| Q2 25 | 75.1% | -21.4% | ||
| Q1 25 | 69.0% | — | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 70.6% | — | ||
| Q2 24 | 78.5% | -26.1% | ||
| Q1 24 | 83.0% | — |
| Q4 25 | $1.11 | — | ||
| Q3 25 | $1.48 | — | ||
| Q2 25 | $1.10 | $-0.20 | ||
| Q1 25 | $1.00 | — | ||
| Q4 24 | $0.07 | — | ||
| Q3 24 | $1.04 | — | ||
| Q2 24 | $1.17 | $-0.23 | ||
| Q1 24 | $1.24 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $86.2M |
| Total DebtLower is stronger | $3.0B | — |
| Stockholders' EquityBook value | $11.6B | $-293.7M |
| Total Assets | $69.4B | $494.9M |
| Debt / EquityLower = less leverage | 0.26× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $86.2M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $108.4M | ||
| Q1 24 | — | — |
| Q4 25 | $3.0B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $11.6B | — | ||
| Q3 25 | $11.3B | — | ||
| Q2 25 | $10.7B | $-293.7M | ||
| Q1 25 | $10.3B | — | ||
| Q4 24 | $10.5B | — | ||
| Q3 24 | $10.8B | — | ||
| Q2 24 | $9.9B | $-198.5M | ||
| Q1 24 | $9.7B | — |
| Q4 25 | $69.4B | — | ||
| Q3 25 | $69.8B | — | ||
| Q2 25 | $68.9B | $494.9M | ||
| Q1 25 | $67.3B | — | ||
| Q4 24 | $66.5B | — | ||
| Q3 24 | $67.4B | — | ||
| Q2 24 | $65.2B | $555.0M | ||
| Q1 24 | $65.1B | — |
| Q4 25 | 0.26× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.28× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $570.0M | $-82.0M |
| Free Cash FlowOCF − Capex | $542.0M | $-86.5M |
| FCF MarginFCF / Revenue | 139.3% | -26.7% |
| Capex IntensityCapex / Revenue | 7.2% | 1.4% |
| Cash ConversionOCF / Net Profit | 1.89× | — |
| TTM Free Cash FlowTrailing 4 quarters | $2.4B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $570.0M | — | ||
| Q3 25 | $720.0M | — | ||
| Q2 25 | $562.0M | $-82.0M | ||
| Q1 25 | $638.0M | — | ||
| Q4 24 | $703.0M | — | ||
| Q3 24 | $748.0M | — | ||
| Q2 24 | $616.0M | $-57.1M | ||
| Q1 24 | $504.0M | — |
| Q4 25 | $542.0M | — | ||
| Q3 25 | $704.0M | — | ||
| Q2 25 | $538.0M | $-86.5M | ||
| Q1 25 | $620.0M | — | ||
| Q4 24 | $665.0M | — | ||
| Q3 24 | $730.0M | — | ||
| Q2 24 | $597.0M | $-64.9M | ||
| Q1 24 | $484.0M | — |
| Q4 25 | 139.3% | — | ||
| Q3 25 | 179.1% | — | ||
| Q2 25 | 135.2% | -26.7% | ||
| Q1 25 | 156.2% | — | ||
| Q4 24 | 167.5% | — | ||
| Q3 24 | 182.0% | — | ||
| Q2 24 | 147.8% | -21.4% | ||
| Q1 24 | 118.9% | — |
| Q4 25 | 7.2% | — | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | 6.0% | 1.4% | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | 9.6% | — | ||
| Q3 24 | 4.5% | — | ||
| Q2 24 | 4.7% | 2.6% | ||
| Q1 24 | 4.9% | — |
| Q4 25 | 1.89× | — | ||
| Q3 25 | 1.79× | — | ||
| Q2 25 | 1.88× | — | ||
| Q1 25 | 2.33× | — | ||
| Q4 24 | 33.48× | — | ||
| Q3 24 | 2.64× | — | ||
| Q2 24 | 1.94× | — | ||
| Q1 24 | 1.49× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.