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Side-by-side financial comparison of ECARX Holdings Inc. (ECX) and Federal Realty Investment Trust (FRT). Click either name above to swap in a different company.

Federal Realty Investment Trust is the larger business by last-quarter revenue ($336.0M vs $323.3M, roughly 1.0× ECARX Holdings Inc.). Federal Realty Investment Trust runs the higher net margin — 38.6% vs -21.4%, a 60.0% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs 6.5%).

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.

Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.

ECX vs FRT — Head-to-Head

Bigger by revenue
FRT
FRT
1.0× larger
FRT
$336.0M
$323.3M
ECX
Growing faster (revenue YoY)
FRT
FRT
+2.2% gap
FRT
8.7%
6.5%
ECX
Higher net margin
FRT
FRT
60.0% more per $
FRT
38.6%
-21.4%
ECX

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
ECX
ECX
FRT
FRT
Revenue
$323.3M
$336.0M
Net Profit
$-69.1M
$129.7M
Gross Margin
15.5%
Operating Margin
-20.2%
53.8%
Net Margin
-21.4%
38.6%
Revenue YoY
6.5%
8.7%
Net Profit YoY
12.8%
103.5%
EPS (diluted)
$-0.20
$1.49

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.

Revenue
ECX
ECX
FRT
FRT
Q1 26
$336.0M
Q4 25
$336.0M
Q3 25
$322.3M
Q2 25
$323.3M
$311.5M
Q1 25
$309.2M
Q4 24
$311.4M
Q3 24
$303.6M
Q2 24
$303.5M
$296.1M
Net Profit
ECX
ECX
FRT
FRT
Q1 26
$129.7M
Q4 25
$129.7M
Q3 25
$61.6M
Q2 25
$-69.1M
$155.9M
Q1 25
$63.8M
Q4 24
$65.5M
Q3 24
$61.0M
Q2 24
$-79.2M
$112.0M
Gross Margin
ECX
ECX
FRT
FRT
Q1 26
Q4 25
Q3 25
Q2 25
15.5%
Q1 25
Q4 24
Q3 24
Q2 24
22.6%
Operating Margin
ECX
ECX
FRT
FRT
Q1 26
53.8%
Q4 25
53.8%
Q3 25
34.3%
Q2 25
-20.2%
65.1%
Q1 25
35.0%
Q4 24
35.1%
Q3 24
34.9%
Q2 24
-22.2%
53.0%
Net Margin
ECX
ECX
FRT
FRT
Q1 26
38.6%
Q4 25
38.6%
Q3 25
19.1%
Q2 25
-21.4%
50.0%
Q1 25
20.6%
Q4 24
21.0%
Q3 24
20.1%
Q2 24
-26.1%
37.8%
EPS (diluted)
ECX
ECX
FRT
FRT
Q1 26
$1.49
Q4 25
$1.49
Q3 25
$0.69
Q2 25
$-0.20
$1.78
Q1 25
$0.72
Q4 24
$0.74
Q3 24
$0.70
Q2 24
$-0.23
$1.32

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ECX
ECX
FRT
FRT
Cash + ST InvestmentsLiquidity on hand
$86.2M
$107.4M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$-293.7M
$3.2B
Total Assets
$494.9M
$9.1B
Debt / EquityLower = less leverage
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECX
ECX
FRT
FRT
Q1 26
$107.4M
Q4 25
$107.4M
Q3 25
$111.3M
Q2 25
$86.2M
$177.0M
Q1 25
$109.2M
Q4 24
$123.4M
Q3 24
$97.0M
Q2 24
$108.4M
$103.2M
Total Debt
ECX
ECX
FRT
FRT
Q1 26
$5.0B
Q4 25
$5.0B
Q3 25
Q2 25
Q1 25
Q4 24
$4.5B
Q3 24
Q2 24
Stockholders' Equity
ECX
ECX
FRT
FRT
Q1 26
$3.2B
Q4 25
$3.2B
Q3 25
$3.2B
Q2 25
$-293.7M
$3.2B
Q1 25
$3.2B
Q4 24
$3.2B
Q3 24
$3.1B
Q2 24
$-198.5M
$3.0B
Total Assets
ECX
ECX
FRT
FRT
Q1 26
$9.1B
Q4 25
$9.1B
Q3 25
$8.9B
Q2 25
$494.9M
$8.6B
Q1 25
$8.6B
Q4 24
$8.5B
Q3 24
$8.5B
Q2 24
$555.0M
$8.4B
Debt / Equity
ECX
ECX
FRT
FRT
Q1 26
1.53×
Q4 25
1.53×
Q3 25
Q2 25
Q1 25
Q4 24
1.42×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ECX
ECX
FRT
FRT
Operating Cash FlowLast quarter
$-82.0M
Free Cash FlowOCF − Capex
$-86.5M
FCF MarginFCF / Revenue
-26.7%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECX
ECX
FRT
FRT
Q1 26
Q4 25
$622.4M
Q3 25
$147.8M
Q2 25
$-82.0M
$150.7M
Q1 25
$179.0M
Q4 24
$574.6M
Q3 24
$144.1M
Q2 24
$-57.1M
$169.7M
Free Cash Flow
ECX
ECX
FRT
FRT
Q1 26
Q4 25
Q3 25
Q2 25
$-86.5M
Q1 25
Q4 24
Q3 24
Q2 24
$-64.9M
FCF Margin
ECX
ECX
FRT
FRT
Q1 26
Q4 25
Q3 25
Q2 25
-26.7%
Q1 25
Q4 24
Q3 24
Q2 24
-21.4%
Capex Intensity
ECX
ECX
FRT
FRT
Q1 26
Q4 25
Q3 25
Q2 25
1.4%
Q1 25
Q4 24
Q3 24
Q2 24
2.6%
Cash Conversion
ECX
ECX
FRT
FRT
Q1 26
Q4 25
4.80×
Q3 25
2.40×
Q2 25
0.97×
Q1 25
2.81×
Q4 24
8.77×
Q3 24
2.36×
Q2 24
1.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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