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Side-by-side financial comparison of ECARX Holdings Inc. (ECX) and MATTHEWS INTERNATIONAL CORP (MATW). Click either name above to swap in a different company.

ECARX Holdings Inc. is the larger business by last-quarter revenue ($323.3M vs $284.8M, roughly 1.1× MATTHEWS INTERNATIONAL CORP). MATTHEWS INTERNATIONAL CORP runs the higher net margin — 15.3% vs -21.4%, a 36.7% gap on every dollar of revenue. On growth, ECARX Holdings Inc. posted the faster year-over-year revenue change (6.5% vs -29.1%). MATTHEWS INTERNATIONAL CORP produced more free cash flow last quarter ($-57.2M 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.

Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.

ECX vs MATW — Head-to-Head

Bigger by revenue
ECX
ECX
1.1× larger
ECX
$323.3M
$284.8M
MATW
Growing faster (revenue YoY)
ECX
ECX
+35.6% gap
ECX
6.5%
-29.1%
MATW
Higher net margin
MATW
MATW
36.7% more per $
MATW
15.3%
-21.4%
ECX
More free cash flow
MATW
MATW
$29.2M more FCF
MATW
$-57.2M
$-86.5M
ECX

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
ECX
ECX
MATW
MATW
Revenue
$323.3M
$284.8M
Net Profit
$-69.1M
$43.6M
Gross Margin
15.5%
35.0%
Operating Margin
-20.2%
34.2%
Net Margin
-21.4%
15.3%
Revenue YoY
6.5%
-29.1%
Net Profit YoY
12.8%
1356.6%
EPS (diluted)
$-0.20
$1.39

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
MATW
MATW
Q4 25
$284.8M
Q2 25
$323.3M
Q2 24
$303.5M
Net Profit
ECX
ECX
MATW
MATW
Q4 25
$43.6M
Q2 25
$-69.1M
Q2 24
$-79.2M
Gross Margin
ECX
ECX
MATW
MATW
Q4 25
35.0%
Q2 25
15.5%
Q2 24
22.6%
Operating Margin
ECX
ECX
MATW
MATW
Q4 25
34.2%
Q2 25
-20.2%
Q2 24
-22.2%
Net Margin
ECX
ECX
MATW
MATW
Q4 25
15.3%
Q2 25
-21.4%
Q2 24
-26.1%
EPS (diluted)
ECX
ECX
MATW
MATW
Q4 25
$1.39
Q2 25
$-0.20
Q2 24
$-0.23

Balance Sheet & Financial Strength

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

Metric
ECX
ECX
MATW
MATW
Cash + ST InvestmentsLiquidity on hand
$86.2M
$31.4M
Total DebtLower is stronger
$529.8M
Stockholders' EquityBook value
$-293.7M
$543.2M
Total Assets
$494.9M
$1.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECX
ECX
MATW
MATW
Q4 25
$31.4M
Q2 25
$86.2M
Q2 24
$108.4M
Total Debt
ECX
ECX
MATW
MATW
Q4 25
$529.8M
Q2 25
Q2 24
Stockholders' Equity
ECX
ECX
MATW
MATW
Q4 25
$543.2M
Q2 25
$-293.7M
Q2 24
$-198.5M
Total Assets
ECX
ECX
MATW
MATW
Q4 25
$1.6B
Q2 25
$494.9M
Q2 24
$555.0M
Debt / Equity
ECX
ECX
MATW
MATW
Q4 25
0.98×
Q2 25
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
MATW
MATW
Operating Cash FlowLast quarter
$-82.0M
$-52.0M
Free Cash FlowOCF − Capex
$-86.5M
$-57.2M
FCF MarginFCF / Revenue
-26.7%
-20.1%
Capex IntensityCapex / Revenue
1.4%
1.8%
Cash ConversionOCF / Net Profit
-1.19×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECX
ECX
MATW
MATW
Q4 25
$-52.0M
Q2 25
$-82.0M
Q2 24
$-57.1M
Free Cash Flow
ECX
ECX
MATW
MATW
Q4 25
$-57.2M
Q2 25
$-86.5M
Q2 24
$-64.9M
FCF Margin
ECX
ECX
MATW
MATW
Q4 25
-20.1%
Q2 25
-26.7%
Q2 24
-21.4%
Capex Intensity
ECX
ECX
MATW
MATW
Q4 25
1.8%
Q2 25
1.4%
Q2 24
2.6%
Cash Conversion
ECX
ECX
MATW
MATW
Q4 25
-1.19×
Q2 25
Q2 24

Financial Flow Comparison

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

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