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

ECARX Holdings Inc. is the larger business by last-quarter revenue ($323.3M vs $287.8M, roughly 1.1× QUINSTREET, INC). QUINSTREET, INC runs the higher net margin — 17.4% vs -21.4%, a 38.8% gap on every dollar of revenue. On growth, ECARX Holdings Inc. posted the faster year-over-year revenue change (6.5% vs 1.9%). QUINSTREET, INC produced more free cash flow last quarter ($20.7M 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.

QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.

ECX vs QNST — Head-to-Head

Bigger by revenue
ECX
ECX
1.1× larger
ECX
$323.3M
$287.8M
QNST
Growing faster (revenue YoY)
ECX
ECX
+4.7% gap
ECX
6.5%
1.9%
QNST
Higher net margin
QNST
QNST
38.8% more per $
QNST
17.4%
-21.4%
ECX
More free cash flow
QNST
QNST
$107.2M more FCF
QNST
$20.7M
$-86.5M
ECX

Income Statement — Q2 FY2025 vs Q2 FY2026

Metric
ECX
ECX
QNST
QNST
Revenue
$323.3M
$287.8M
Net Profit
$-69.1M
$50.2M
Gross Margin
15.5%
9.6%
Operating Margin
-20.2%
0.4%
Net Margin
-21.4%
17.4%
Revenue YoY
6.5%
1.9%
Net Profit YoY
12.8%
3342.5%
EPS (diluted)
$-0.20
$0.87

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
QNST
QNST
Q4 25
$287.8M
Q3 25
$285.9M
Q2 25
$323.3M
Q1 25
$269.8M
Q4 24
$282.6M
Q3 24
$279.2M
Q2 24
$303.5M
$198.3M
Q1 24
$168.6M
Net Profit
ECX
ECX
QNST
QNST
Q4 25
$50.2M
Q3 25
$4.5M
Q2 25
$-69.1M
Q1 25
$4.4M
Q4 24
$-1.5M
Q3 24
$-1.4M
Q2 24
$-79.2M
$-2.2M
Q1 24
$-7.0M
Gross Margin
ECX
ECX
QNST
QNST
Q4 25
9.6%
Q3 25
9.4%
Q2 25
15.5%
Q1 25
10.3%
Q4 24
9.5%
Q3 24
10.2%
Q2 24
22.6%
8.8%
Q1 24
8.5%
Operating Margin
ECX
ECX
QNST
QNST
Q4 25
0.4%
Q3 25
1.7%
Q2 25
-20.2%
Q1 25
1.8%
Q4 24
-0.5%
Q3 24
-0.4%
Q2 24
-22.2%
-0.7%
Q1 24
-3.2%
Net Margin
ECX
ECX
QNST
QNST
Q4 25
17.4%
Q3 25
1.6%
Q2 25
-21.4%
Q1 25
1.6%
Q4 24
-0.5%
Q3 24
-0.5%
Q2 24
-26.1%
-1.1%
Q1 24
-4.2%
EPS (diluted)
ECX
ECX
QNST
QNST
Q4 25
$0.87
Q3 25
$0.08
Q2 25
$-0.20
Q1 25
$0.08
Q4 24
$-0.03
Q3 24
$-0.02
Q2 24
$-0.23
$-0.04
Q1 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
ECX
ECX
QNST
QNST
Cash + ST InvestmentsLiquidity on hand
$86.2M
$107.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$-293.7M
$294.4M
Total Assets
$494.9M
$493.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECX
ECX
QNST
QNST
Q4 25
$107.0M
Q3 25
$101.3M
Q2 25
$86.2M
Q1 25
$81.8M
Q4 24
$57.8M
Q3 24
$25.0M
Q2 24
$108.4M
$50.5M
Q1 24
$39.6M
Stockholders' Equity
ECX
ECX
QNST
QNST
Q4 25
$294.4M
Q3 25
$246.7M
Q2 25
$-293.7M
Q1 25
$235.5M
Q4 24
$224.3M
Q3 24
$219.8M
Q2 24
$-198.5M
$216.8M
Q1 24
$215.0M
Total Assets
ECX
ECX
QNST
QNST
Q4 25
$493.0M
Q3 25
$442.6M
Q2 25
$494.9M
Q1 25
$417.2M
Q4 24
$409.6M
Q3 24
$401.2M
Q2 24
$555.0M
$368.5M
Q1 24
$349.3M

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
QNST
QNST
Operating Cash FlowLast quarter
$-82.0M
$21.6M
Free Cash FlowOCF − Capex
$-86.5M
$20.7M
FCF MarginFCF / Revenue
-26.7%
7.2%
Capex IntensityCapex / Revenue
1.4%
0.3%
Cash ConversionOCF / Net Profit
0.43×
TTM Free Cash FlowTrailing 4 quarters
$106.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECX
ECX
QNST
QNST
Q4 25
$21.6M
Q3 25
$19.6M
Q2 25
$-82.0M
Q1 25
$30.1M
Q4 24
$38.7M
Q3 24
$-13.7M
Q2 24
$-57.1M
$16.6M
Q1 24
$4.1M
Free Cash Flow
ECX
ECX
QNST
QNST
Q4 25
$20.7M
Q3 25
$18.4M
Q2 25
$-86.5M
Q1 25
$29.5M
Q4 24
$38.2M
Q3 24
$-14.1M
Q2 24
$-64.9M
$15.4M
Q1 24
$2.9M
FCF Margin
ECX
ECX
QNST
QNST
Q4 25
7.2%
Q3 25
6.4%
Q2 25
-26.7%
Q1 25
10.9%
Q4 24
13.5%
Q3 24
-5.1%
Q2 24
-21.4%
7.8%
Q1 24
1.7%
Capex Intensity
ECX
ECX
QNST
QNST
Q4 25
0.3%
Q3 25
0.4%
Q2 25
1.4%
Q1 25
0.2%
Q4 24
0.2%
Q3 24
0.2%
Q2 24
2.6%
0.6%
Q1 24
0.7%
Cash Conversion
ECX
ECX
QNST
QNST
Q4 25
0.43×
Q3 25
4.32×
Q2 25
Q1 25
6.82×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ECX
ECX

Segment breakdown not available.

QNST
QNST

Financial Service$216.8M75%
Home Services And Other Revenue$71.0M25%

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