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

ECARX Holdings Inc. is the larger business by last-quarter revenue ($323.3M vs $310.3M, roughly 1.0× loanDepot, Inc.). loanDepot, Inc. runs the higher net margin — -7.2% vs -21.4%, a 14.1% gap on every dollar of revenue. On growth, loanDepot, Inc. posted the faster year-over-year revenue change (20.5% vs 6.5%). ECARX Holdings Inc. produced more free cash flow last quarter ($-86.5M vs $-648.0M).

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.

LoanDepot, sometimes stylized as loanDepot, is an Irvine, California-based nonbank holding company which sells mortgage and non-mortgage lending products.

ECX vs LDI — Head-to-Head

Bigger by revenue
ECX
ECX
1.0× larger
ECX
$323.3M
$310.3M
LDI
Growing faster (revenue YoY)
LDI
LDI
+14.0% gap
LDI
20.5%
6.5%
ECX
Higher net margin
LDI
LDI
14.1% more per $
LDI
-7.2%
-21.4%
ECX
More free cash flow
ECX
ECX
$561.5M more FCF
ECX
$-86.5M
$-648.0M
LDI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
ECX
ECX
LDI
LDI
Revenue
$323.3M
$310.3M
Net Profit
$-69.1M
$-22.5M
Gross Margin
15.5%
Operating Margin
-20.2%
-10.3%
Net Margin
-21.4%
-7.2%
Revenue YoY
6.5%
20.5%
Net Profit YoY
12.8%
32.4%
EPS (diluted)
$-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.

Revenue
ECX
ECX
LDI
LDI
Q4 25
$310.3M
Q3 25
$323.3M
Q2 25
$323.3M
$282.5M
Q1 25
$273.6M
Q4 24
$257.5M
Q3 24
$314.6M
Q2 24
$303.5M
$265.4M
Q1 24
$222.8M
Net Profit
ECX
ECX
LDI
LDI
Q4 25
$-22.5M
Q3 25
$-4.9M
Q2 25
$-69.1M
$-13.4M
Q1 25
$-21.9M
Q4 24
$-33.2M
Q3 24
$1.4M
Q2 24
$-79.2M
$-32.2M
Q1 24
$-34.3M
Gross Margin
ECX
ECX
LDI
LDI
Q4 25
Q3 25
Q2 25
15.5%
Q1 25
Q4 24
Q3 24
Q2 24
22.6%
Q1 24
Operating Margin
ECX
ECX
LDI
LDI
Q4 25
-10.3%
Q3 25
-3.2%
Q2 25
-20.2%
-11.4%
Q1 25
-16.8%
Q4 24
-32.7%
Q3 24
1.1%
Q2 24
-22.2%
-29.1%
Q1 24
-38.2%
Net Margin
ECX
ECX
LDI
LDI
Q4 25
-7.2%
Q3 25
-1.5%
Q2 25
-21.4%
-4.7%
Q1 25
-8.0%
Q4 24
-12.9%
Q3 24
0.4%
Q2 24
-26.1%
-12.1%
Q1 24
-15.4%
EPS (diluted)
ECX
ECX
LDI
LDI
Q4 25
Q3 25
Q2 25
$-0.20
Q1 25
Q4 24
Q3 24
$0.01
Q2 24
$-0.23
$-0.18
Q1 24
$-0.19

Balance Sheet & Financial Strength

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

Metric
ECX
ECX
LDI
LDI
Cash + ST InvestmentsLiquidity on hand
$86.2M
$337.2M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$-293.7M
$386.0M
Total Assets
$494.9M
$6.9B
Debt / EquityLower = less leverage
5.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECX
ECX
LDI
LDI
Q4 25
$337.2M
Q3 25
$459.2M
Q2 25
$86.2M
$408.6M
Q1 25
$371.5M
Q4 24
$421.6M
Q3 24
$483.0M
Q2 24
$108.4M
$533.2M
Q1 24
$603.7M
Total Debt
ECX
ECX
LDI
LDI
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$2.0B
Q1 24
$2.3B
Stockholders' Equity
ECX
ECX
LDI
LDI
Q4 25
$386.0M
Q3 25
$433.3M
Q2 25
$-293.7M
$439.1M
Q1 25
$469.3M
Q4 24
$506.6M
Q3 24
$592.0M
Q2 24
$-198.5M
$578.9M
Q1 24
$637.3M
Total Assets
ECX
ECX
LDI
LDI
Q4 25
$6.9B
Q3 25
$6.2B
Q2 25
$494.9M
$6.2B
Q1 25
$6.4B
Q4 24
$6.3B
Q3 24
$6.4B
Q2 24
$555.0M
$5.9B
Q1 24
$6.2B
Debt / Equity
ECX
ECX
LDI
LDI
Q4 25
5.44×
Q3 25
4.83×
Q2 25
4.70×
Q1 25
4.30×
Q4 24
4.00×
Q3 24
3.31×
Q2 24
3.41×
Q1 24
3.63×

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
LDI
LDI
Operating Cash FlowLast quarter
$-82.0M
$-638.7M
Free Cash FlowOCF − Capex
$-86.5M
$-648.0M
FCF MarginFCF / Revenue
-26.7%
-208.9%
Capex IntensityCapex / Revenue
1.4%
3.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-734.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECX
ECX
LDI
LDI
Q4 25
$-638.7M
Q3 25
$43.4M
Q2 25
$-82.0M
$67.6M
Q1 25
$-179.9M
Q4 24
$47.7M
Q3 24
$-349.2M
Q2 24
$-57.1M
$-278.3M
Q1 24
$-278.5M
Free Cash Flow
ECX
ECX
LDI
LDI
Q4 25
$-648.0M
Q3 25
$38.7M
Q2 25
$-86.5M
$61.4M
Q1 25
$-186.7M
Q4 24
$40.8M
Q3 24
$-356.4M
Q2 24
$-64.9M
$-285.7M
Q1 24
$-283.3M
FCF Margin
ECX
ECX
LDI
LDI
Q4 25
-208.9%
Q3 25
12.0%
Q2 25
-26.7%
21.7%
Q1 25
-68.2%
Q4 24
15.8%
Q3 24
-113.3%
Q2 24
-21.4%
-107.7%
Q1 24
-127.2%
Capex Intensity
ECX
ECX
LDI
LDI
Q4 25
3.0%
Q3 25
1.5%
Q2 25
1.4%
2.2%
Q1 25
2.5%
Q4 24
2.7%
Q3 24
2.3%
Q2 24
2.6%
2.8%
Q1 24
2.1%
Cash Conversion
ECX
ECX
LDI
LDI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-255.05×
Q2 24
Q1 24

Financial Flow Comparison

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

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