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Side-by-side financial comparison of ECARX Holdings Inc. (ECX) and Acushnet Holdings Corp. (GOLF). Click either name above to swap in a different company.

Acushnet Holdings Corp. is the larger business by last-quarter revenue ($477.2M vs $323.3M, roughly 1.5× ECARX Holdings Inc.). Acushnet Holdings Corp. runs the higher net margin — -7.3% vs -21.4%, a 14.0% gap on every dollar of revenue. On growth, Acushnet Holdings Corp. posted the faster year-over-year revenue change (7.2% vs 6.5%). Acushnet Holdings Corp. produced more free cash flow last quarter ($-23.3M vs $-86.5M).

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.

The Acushnet Company is an American company focused on the golf market. The company operates a series of brands that manufacture golf equipment, clothing and accessories.

ECX vs GOLF — Head-to-Head

Bigger by revenue
GOLF
GOLF
1.5× larger
GOLF
$477.2M
$323.3M
ECX
Growing faster (revenue YoY)
GOLF
GOLF
+0.7% gap
GOLF
7.2%
6.5%
ECX
Higher net margin
GOLF
GOLF
14.0% more per $
GOLF
-7.3%
-21.4%
ECX
More free cash flow
GOLF
GOLF
$63.1M more FCF
GOLF
$-23.3M
$-86.5M
ECX

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
ECX
ECX
GOLF
GOLF
Revenue
$323.3M
$477.2M
Net Profit
$-69.1M
$-34.9M
Gross Margin
15.5%
44.1%
Operating Margin
-20.2%
-3.8%
Net Margin
-21.4%
-7.3%
Revenue YoY
6.5%
7.2%
Net Profit YoY
12.8%
-3027.3%
EPS (diluted)
$-0.20
$-0.57

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
GOLF
GOLF
Q4 25
$477.2M
Q3 25
$657.7M
Q2 25
$323.3M
$720.5M
Q1 25
$703.4M
Q4 24
$445.2M
Q3 24
$620.5M
Q2 24
$303.5M
$683.9M
Q1 24
$707.6M
Net Profit
ECX
ECX
GOLF
GOLF
Q4 25
$-34.9M
Q3 25
$48.5M
Q2 25
$-69.1M
$75.6M
Q1 25
$99.4M
Q4 24
$-1.1M
Q3 24
$56.2M
Q2 24
$-79.2M
$71.4M
Q1 24
$87.8M
Gross Margin
ECX
ECX
GOLF
GOLF
Q4 25
44.1%
Q3 25
48.5%
Q2 25
15.5%
49.2%
Q1 25
47.9%
Q4 24
22.6%
Q3 24
54.4%
Q2 24
22.6%
54.4%
Q1 24
53.4%
Operating Margin
ECX
ECX
GOLF
GOLF
Q4 25
-3.8%
Q3 25
14.1%
Q2 25
-20.2%
15.2%
Q1 25
16.3%
Q4 24
-1.2%
Q3 24
13.2%
Q2 24
-22.2%
15.5%
Q1 24
17.2%
Net Margin
ECX
ECX
GOLF
GOLF
Q4 25
-7.3%
Q3 25
7.4%
Q2 25
-21.4%
10.5%
Q1 25
14.1%
Q4 24
-0.3%
Q3 24
9.1%
Q2 24
-26.1%
10.4%
Q1 24
12.4%
EPS (diluted)
ECX
ECX
GOLF
GOLF
Q4 25
$-0.57
Q3 25
$0.81
Q2 25
$-0.20
$1.25
Q1 25
$1.62
Q4 24
$0.02
Q3 24
$0.89
Q2 24
$-0.23
$1.11
Q1 24
$1.35

Balance Sheet & Financial Strength

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

Metric
ECX
ECX
GOLF
GOLF
Cash + ST InvestmentsLiquidity on hand
$86.2M
Total DebtLower is stronger
$926.2M
Stockholders' EquityBook value
$-293.7M
$783.6M
Total Assets
$494.9M
$2.3B
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECX
ECX
GOLF
GOLF
Q4 25
Q3 25
Q2 25
$86.2M
Q1 25
Q4 24
Q3 24
Q2 24
$108.4M
Q1 24
Total Debt
ECX
ECX
GOLF
GOLF
Q4 25
$926.2M
Q3 25
Q2 25
Q1 25
Q4 24
$753.1M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ECX
ECX
GOLF
GOLF
Q4 25
$783.6M
Q3 25
$852.3M
Q2 25
$-293.7M
$808.5M
Q1 25
$780.3M
Q4 24
$765.2M
Q3 24
$863.9M
Q2 24
$-198.5M
$863.7M
Q1 24
$883.7M
Total Assets
ECX
ECX
GOLF
GOLF
Q4 25
$2.3B
Q3 25
$2.4B
Q2 25
$494.9M
$2.4B
Q1 25
$2.4B
Q4 24
$2.2B
Q3 24
$2.3B
Q2 24
$555.0M
$2.3B
Q1 24
$2.4B
Debt / Equity
ECX
ECX
GOLF
GOLF
Q4 25
1.18×
Q3 25
Q2 25
Q1 25
Q4 24
0.98×
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
ECX
ECX
GOLF
GOLF
Operating Cash FlowLast quarter
$-82.0M
$-338.0K
Free Cash FlowOCF − Capex
$-86.5M
$-23.3M
FCF MarginFCF / Revenue
-26.7%
-4.9%
Capex IntensityCapex / Revenue
1.4%
4.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$120.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECX
ECX
GOLF
GOLF
Q4 25
$-338.0K
Q3 25
$163.1M
Q2 25
$-82.0M
$151.9M
Q1 25
$-120.3M
Q4 24
$-1.1M
Q3 24
$144.1M
Q2 24
$-57.1M
$211.6M
Q1 24
$-109.5M
Free Cash Flow
ECX
ECX
GOLF
GOLF
Q4 25
$-23.3M
Q3 25
$136.9M
Q2 25
$-86.5M
$138.0M
Q1 25
$-131.5M
Q4 24
$-33.2M
Q3 24
$123.7M
Q2 24
$-64.9M
$196.8M
Q1 24
$-116.8M
FCF Margin
ECX
ECX
GOLF
GOLF
Q4 25
-4.9%
Q3 25
20.8%
Q2 25
-26.7%
19.2%
Q1 25
-18.7%
Q4 24
-7.5%
Q3 24
19.9%
Q2 24
-21.4%
28.8%
Q1 24
-16.5%
Capex Intensity
ECX
ECX
GOLF
GOLF
Q4 25
4.8%
Q3 25
4.0%
Q2 25
1.4%
1.9%
Q1 25
1.6%
Q4 24
7.2%
Q3 24
3.3%
Q2 24
2.6%
2.2%
Q1 24
1.0%
Cash Conversion
ECX
ECX
GOLF
GOLF
Q4 25
Q3 25
3.36×
Q2 25
2.01×
Q1 25
-1.21×
Q4 24
Q3 24
2.56×
Q2 24
2.96×
Q1 24
-1.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ECX
ECX

Segment breakdown not available.

GOLF
GOLF

Titleist Golf Equipment$293.8M62%
Footjoy Golf Wear$102.0M21%
Other$45.3M9%
Golf Gear$36.1M8%

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