vs
Side-by-side financial comparison of ECARX Holdings Inc. (ECX) and ONE Group Hospitality, Inc. (STKS). Click either name above to swap in a different company.
ECARX Holdings Inc. is the larger business by last-quarter revenue ($323.3M vs $207.0M, roughly 1.6× ONE Group Hospitality, Inc.). ONE Group Hospitality, Inc. runs the higher net margin — -3.1% vs -21.4%, a 18.3% gap on every dollar of revenue. On growth, ECARX Holdings Inc. posted the faster year-over-year revenue change (6.5% vs -6.7%). ONE Group Hospitality, Inc. produced more free cash flow last quarter ($-329.0K 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.
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
ECX vs STKS — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $323.3M | $207.0M |
| Net Profit | $-69.1M | $-6.4M |
| Gross Margin | 15.5% | — |
| Operating Margin | -20.2% | 2.2% |
| Net Margin | -21.4% | -3.1% |
| Revenue YoY | 6.5% | -6.7% |
| Net Profit YoY | 12.8% | -531.8% |
| EPS (diluted) | $-0.20 | $-0.50 |
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.
| Q4 25 | — | $207.0M | ||
| Q3 25 | — | $180.2M | ||
| Q2 25 | $323.3M | $207.4M | ||
| Q1 25 | — | $211.1M | ||
| Q4 24 | — | $221.9M | ||
| Q3 24 | — | $194.0M | ||
| Q2 24 | $303.5M | $172.5M | ||
| Q1 24 | — | $85.0M |
| Q4 25 | — | $-6.4M | ||
| Q3 25 | — | $-76.7M | ||
| Q2 25 | $-69.1M | $-10.1M | ||
| Q1 25 | — | $975.0K | ||
| Q4 24 | — | $1.5M | ||
| Q3 24 | — | $-9.3M | ||
| Q2 24 | $-79.2M | $-7.3M | ||
| Q1 24 | — | $-2.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 15.5% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 22.6% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | -4.4% | ||
| Q2 25 | -20.2% | 0.3% | ||
| Q1 25 | — | 5.1% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | — | -1.9% | ||
| Q2 24 | -22.2% | 0.6% | ||
| Q1 24 | — | -0.7% |
| Q4 25 | — | -3.1% | ||
| Q3 25 | — | -42.6% | ||
| Q2 25 | -21.4% | -4.9% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | -4.8% | ||
| Q2 24 | -26.1% | -4.3% | ||
| Q1 24 | — | -2.4% |
| Q4 25 | — | $-0.50 | ||
| Q3 25 | — | $-2.75 | ||
| Q2 25 | $-0.20 | $-0.59 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | — | $-0.18 | ||
| Q3 24 | — | $-0.53 | ||
| Q2 24 | $-0.23 | $-0.38 | ||
| Q1 24 | — | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $86.2M | $4.2M |
| Total DebtLower is stronger | — | $354.2M |
| Stockholders' EquityBook value | $-293.7M | $-75.8M |
| Total Assets | $494.9M | $884.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $4.2M | ||
| Q3 25 | — | $5.5M | ||
| Q2 25 | $86.2M | $4.7M | ||
| Q1 25 | — | $21.4M | ||
| Q4 24 | — | $27.6M | ||
| Q3 24 | — | $28.2M | ||
| Q2 24 | $108.4M | $32.2M | ||
| Q1 24 | — | $15.4M |
| Q4 25 | — | $354.2M | ||
| Q3 25 | — | $355.0M | ||
| Q2 25 | — | $347.4M | ||
| Q1 25 | — | $348.3M | ||
| Q4 24 | — | $348.3M | ||
| Q3 24 | — | $349.1M | ||
| Q2 24 | — | $350.0M | ||
| Q1 24 | — | $73.5M |
| Q4 25 | — | $-75.8M | ||
| Q3 25 | — | $-61.5M | ||
| Q2 25 | $-293.7M | $23.0M | ||
| Q1 25 | — | $40.5M | ||
| Q4 24 | — | $45.9M | ||
| Q3 24 | — | $51.4M | ||
| Q2 24 | $-198.5M | $68.1M | ||
| Q1 24 | — | $68.3M |
| Q4 25 | — | $884.2M | ||
| Q3 25 | — | $879.5M | ||
| Q2 25 | $494.9M | $935.7M | ||
| Q1 25 | — | $956.0M | ||
| Q4 24 | — | $960.1M | ||
| Q3 24 | — | $953.5M | ||
| Q2 24 | $555.0M | $945.9M | ||
| Q1 24 | — | $309.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 15.07× | ||
| Q1 25 | — | 8.61× | ||
| Q4 24 | — | 7.59× | ||
| Q3 24 | — | 6.79× | ||
| Q2 24 | — | 5.14× | ||
| Q1 24 | — | 1.08× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-82.0M | $13.1M |
| Free Cash FlowOCF − Capex | $-86.5M | $-329.0K |
| FCF MarginFCF / Revenue | -26.7% | -0.2% |
| Capex IntensityCapex / Revenue | 1.4% | 6.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-27.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $13.1M | ||
| Q3 25 | — | $5.9M | ||
| Q2 25 | $-82.0M | $2.8M | ||
| Q1 25 | — | $8.5M | ||
| Q4 24 | — | $18.5M | ||
| Q3 24 | — | $19.1M | ||
| Q2 24 | $-57.1M | $-3.8M | ||
| Q1 24 | — | $10.4M |
| Q4 25 | — | $-329.0K | ||
| Q3 25 | — | $-6.1M | ||
| Q2 25 | $-86.5M | $-15.0M | ||
| Q1 25 | — | $-5.8M | ||
| Q4 24 | — | $733.0K | ||
| Q3 24 | — | $287.0K | ||
| Q2 24 | $-64.9M | $-23.0M | ||
| Q1 24 | — | $-5.4M |
| Q4 25 | — | -0.2% | ||
| Q3 25 | — | -3.4% | ||
| Q2 25 | -26.7% | -7.2% | ||
| Q1 25 | — | -2.7% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | -21.4% | -13.3% | ||
| Q1 24 | — | -6.4% |
| Q4 25 | — | 6.5% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | 1.4% | 8.6% | ||
| Q1 25 | — | 6.8% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | 2.6% | 11.1% | ||
| Q1 24 | — | 18.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 8.76× | ||
| Q4 24 | — | 12.54× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ECX
Segment breakdown not available.
STKS
| Benihanas | $111.3M | 54% |
| Steakhouse Restaurant | $59.2M | 29% |
| Grill Concepts | $32.3M | 16% |
| Other | $4.2M | 2% |
