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

ZIFF DAVIS, INC. is the larger business by last-quarter revenue ($406.7M vs $323.3M, roughly 1.3× ECARX Holdings Inc.). ZIFF DAVIS, INC. runs the higher net margin — 0.1% vs -21.4%, a 21.5% gap on every dollar of revenue. On growth, ECARX Holdings Inc. posted the faster year-over-year revenue change (6.5% vs -1.5%). ZIFF DAVIS, INC. produced more free cash flow last quarter ($157.8M 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.

Ziff Davis, Inc. is an American digital media and Internet company. Founded in 1927 by William Bernard Ziff Sr. and Bernard George Davis, the company primarily owns technology- and health-oriented media websites, online shopping-related services, Internet connectivity services, gaming and entertainment brands, and cybersecurity and martech tools. Previously, the company was predominantly a publisher of hobbyist magazines.

ECX vs ZD — Head-to-Head

Bigger by revenue
ZD
ZD
1.3× larger
ZD
$406.7M
$323.3M
ECX
Growing faster (revenue YoY)
ECX
ECX
+8.0% gap
ECX
6.5%
-1.5%
ZD
Higher net margin
ZD
ZD
21.5% more per $
ZD
0.1%
-21.4%
ECX
More free cash flow
ZD
ZD
$244.2M more FCF
ZD
$157.8M
$-86.5M
ECX

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
ECX
ECX
ZD
ZD
Revenue
$323.3M
$406.7M
Net Profit
$-69.1M
$370.0K
Gross Margin
15.5%
85.9%
Operating Margin
-20.2%
21.2%
Net Margin
-21.4%
0.1%
Revenue YoY
6.5%
-1.5%
Net Profit YoY
12.8%
-99.4%
EPS (diluted)
$-0.20
$0.06

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
ZD
ZD
Q4 25
$406.7M
Q3 25
$363.7M
Q2 25
$323.3M
$352.2M
Q1 25
$328.6M
Q4 24
$412.8M
Q3 24
$353.6M
Q2 24
$303.5M
$320.8M
Q1 24
$314.5M
Net Profit
ECX
ECX
ZD
ZD
Q4 25
$370.0K
Q3 25
$-3.6M
Q2 25
$-69.1M
$26.3M
Q1 25
$24.2M
Q4 24
$64.1M
Q3 24
$-48.6M
Q2 24
$-79.2M
$36.9M
Q1 24
$10.6M
Gross Margin
ECX
ECX
ZD
ZD
Q4 25
85.9%
Q3 25
85.4%
Q2 25
15.5%
86.1%
Q1 25
85.6%
Q4 24
87.1%
Q3 24
85.5%
Q2 24
22.6%
84.4%
Q1 24
85.4%
Operating Margin
ECX
ECX
ZD
ZD
Q4 25
21.2%
Q3 25
7.8%
Q2 25
-20.2%
9.5%
Q1 25
10.7%
Q4 24
19.0%
Q3 24
-8.3%
Q2 24
-22.2%
8.9%
Q1 24
11.4%
Net Margin
ECX
ECX
ZD
ZD
Q4 25
0.1%
Q3 25
-1.0%
Q2 25
-21.4%
7.5%
Q1 25
7.4%
Q4 24
15.5%
Q3 24
-13.7%
Q2 24
-26.1%
11.5%
Q1 24
3.4%
EPS (diluted)
ECX
ECX
ZD
ZD
Q4 25
$0.06
Q3 25
$-0.09
Q2 25
$-0.20
$0.62
Q1 25
$0.56
Q4 24
$1.53
Q3 24
$-1.11
Q2 24
$-0.23
$0.77
Q1 24
$0.23

Balance Sheet & Financial Strength

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

Metric
ECX
ECX
ZD
ZD
Cash + ST InvestmentsLiquidity on hand
$86.2M
$607.0M
Total DebtLower is stronger
$866.5M
Stockholders' EquityBook value
$-293.7M
$1.8B
Total Assets
$494.9M
$3.7B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECX
ECX
ZD
ZD
Q4 25
$607.0M
Q3 25
$503.4M
Q2 25
$86.2M
$457.3M
Q1 25
$431.0M
Q4 24
$505.9M
Q3 24
$386.1M
Q2 24
$108.4M
$687.2M
Q1 24
$751.2M
Total Debt
ECX
ECX
ZD
ZD
Q4 25
$866.5M
Q3 25
Q2 25
Q1 25
Q4 24
$864.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ECX
ECX
ZD
ZD
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$-293.7M
$1.8B
Q1 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$-198.5M
$1.9B
Q1 24
$1.9B
Total Assets
ECX
ECX
ZD
ZD
Q4 25
$3.7B
Q3 25
$3.5B
Q2 25
$494.9M
$3.5B
Q1 25
$3.5B
Q4 24
$3.7B
Q3 24
$3.4B
Q2 24
$555.0M
$3.7B
Q1 24
$3.7B
Debt / Equity
ECX
ECX
ZD
ZD
Q4 25
0.49×
Q3 25
Q2 25
Q1 25
Q4 24
0.48×
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
ZD
ZD
Operating Cash FlowLast quarter
$-82.0M
$191.1M
Free Cash FlowOCF − Capex
$-86.5M
$157.8M
FCF MarginFCF / Revenue
-26.7%
38.8%
Capex IntensityCapex / Revenue
1.4%
8.2%
Cash ConversionOCF / Net Profit
516.44×
TTM Free Cash FlowTrailing 4 quarters
$287.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECX
ECX
ZD
ZD
Q4 25
$191.1M
Q3 25
$138.3M
Q2 25
$-82.0M
$57.1M
Q1 25
$20.6M
Q4 24
$158.2M
Q3 24
$106.0M
Q2 24
$-57.1M
$50.6M
Q1 24
$75.6M
Free Cash Flow
ECX
ECX
ZD
ZD
Q4 25
$157.8M
Q3 25
$108.2M
Q2 25
$-86.5M
$26.9M
Q1 25
$-5.0M
Q4 24
$131.1M
Q3 24
$80.1M
Q2 24
$-64.9M
$25.1M
Q1 24
$47.4M
FCF Margin
ECX
ECX
ZD
ZD
Q4 25
38.8%
Q3 25
29.7%
Q2 25
-26.7%
7.6%
Q1 25
-1.5%
Q4 24
31.8%
Q3 24
22.7%
Q2 24
-21.4%
7.8%
Q1 24
15.1%
Capex Intensity
ECX
ECX
ZD
ZD
Q4 25
8.2%
Q3 25
8.3%
Q2 25
1.4%
8.6%
Q1 25
7.8%
Q4 24
6.6%
Q3 24
7.3%
Q2 24
2.6%
8.0%
Q1 24
8.9%
Cash Conversion
ECX
ECX
ZD
ZD
Q4 25
516.44×
Q3 25
Q2 25
2.17×
Q1 25
0.85×
Q4 24
2.47×
Q3 24
Q2 24
1.37×
Q1 24
7.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ECX
ECX

Segment breakdown not available.

ZD
ZD

Health And Wellness$114.8M28%
Technology And Shopping$108.9M27%
Cybersecurity And Martech Segment$70.9M17%
Connectivity$60.3M15%
Gaming And Entertainment$51.7M13%
Subscription And Licensing$2.9M1%

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