ECARX Holdings, Inc.(ECX)Earnings, Financials & Key Ratios
ECX•NASDAQ
Price updated Jun 19, 2026
SectorConsumer CyclicalIndustryAuto Parts & EquipmentSub-IndustryVehicle Electronics and Connectivity
AboutECARX Holdings, Inc. engages in the design, development, and delivery of vehicle technology. Its products include infotainment head units, digital cockpits, vehicle chip-set, operating system and software stack. The company was founded in 2017 and is based in Shanghai, China with an additional office in Europe.Show more
- Revenue$848M-84.8%
- EBITDA-$33M+65.6%
- Net Income-$66M+48.3%
- EPS (Diluted)-0.19+93.2%
- Gross Margin17.27%+507.4%
- EBITDA Margin-3.85%-125.8%
- Operating Margin-6.19%-185.0%
- Net Margin-7.79%-239.2%
ECX Key Insights
ECARX Holdings, Inc. (ECX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 31.6%
- ✓Efficient asset utilization: 1.3x turnover
✗Weaknesses
- ✗Weak momentum: RS Rating 14 (bottom 14%)
- ✗Sales declining 17.7% over 5 years
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Get notified when ECX posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
ECX Price & Volume
ECARX Holdings, Inc. (ECX) stock price & volume — 10-year historical chart
Loading chart...
ECX Growth Metrics
ECARX Holdings, Inc. (ECX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-17.67%
3 Years-38.03%
TTM-85.17%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM82.14%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM47.27%
Return on Capital
10 Years-59.93%
5 Years-59.93%
3 Years-48.04%
Last Year-60.05%
ECX Recent Earnings
ECARX Holdings, Inc. (ECX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (27%)●Beat Revenue 3/12 qtrs (27%)
Q2 2026Latest
May 19, 2026Metric
Actual
Est
EPS
$0.03-200.0%
$0.01
Rev
$130M-36.6%
$205M
Q1 2026
Feb 12, 2026Metric
Actual
Est
EPS
$0.01-75.4%
$0.04
Rev
$301M-21.5%
$383M
Q4 2025
Nov 3, 2025Metric
Actual
Est
EPS
$0.14-1096.7%
$0.01
Rev
$198M-27.0%
$271M
Q3 2025
Aug 26, 2025Metric
Actual
Est
EPS
$0.13-3350.0%
$0.00
Rev
$133M-41.5%
$227M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 19, 2026 | $0.03vs $0.01-200.0% | $130Mvs $205M-36.6% |
| Q1 2026 | Feb 12, 2026 | $0.01vs $0.04-75.4% | $301Mvs $383M-21.5% |
| Q4 2025 | Nov 3, 2025 | $0.14vs $0.01-1096.7% | $198Mvs $271M-27.0% |
| Q3 2025 | Aug 26, 2025 | $0.13vs $0.00-3350.0% | $133Mvs $227M-41.5% |
Based on last 12 quarters of dataView full earnings history →
ECX Peer Comparison
ECARX Holdings, Inc. (ECX) competitors in Vehicle Electronics and Connectivity — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 MBLY | 6.89B | 8.46 | -17.63 | 14.51% | -203.97% | -37.31% | ||
 APTV | 13.48B | 63.68 | 84.91 | 3.47% | 1.77% | 3.81% | 0.85 | |
 VC | 3.05B | 113.81 | 15.63 | -2.53% | 5.31% | 12.66% | 0.33 | |
 NXPI | 79.09B | 313.27 | 39.41 | -2.74% | 21.03% | 25.21% | 1.17 | |
 LAZR | 1.95M | 0.06 | -0.01 | -12.44% | -5.73% | |||
 OUST | 2.97B | 46.57 | -43.52 | 52.46% | -30.12% | -22.2% | 0.07 | |
 INVZ | 128.83M | 0.58 | -1.71 | 127% | -181.46% | -101.64% | 0.83 | |
 CEVA | 1.39B | 49.72 | -113 | 2.49% | -10.47% | -3.89% | 0.09 |
Compare ECX vs Peers
ECARX Holdings, Inc. (ECX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ECX Income Statement
ECARX Holdings, Inc. (ECX) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|
Sales/Revenue | 2.24B | 2.78B | 3.56B | 4.7B | 5.56B | 847.86M |
Revenue Growth % | - | 24.01% | 28.17% | 31.94% | 18.33% | -84.75% |
Cost of Goods Sold | 1.69B | 307.81M | 372.23M | 483.45M | 603.7M | 701.44M |
COGS % of Revenue | 75.4% | 11.08% | 10.45% | 10.29% | 10.86% | 82.73% |
Gross Profit | 551.39M▲ 0% | 128.18M▼ 76.8% | 144.06M▲ 12.4% | 179.54M▲ 24.6% | 158.11M▼ 11.9% | 146.42M▼ 7.4% |
Gross Margin % | 24.6% | 4.61% | 4.04% | 3.82% | 2.84% | 17.27% |
Gross Profit Growth % | - | -76.75% | 12.38% | 24.63% | -11.94% | -7.39% |
Operating Expenses | 981.87M | 285.1M | 380.05M | 309.01M | 278.96M | 198.93M |
OpEx % of Revenue | 43.81% | 10.26% | 10.67% | 6.58% | 5.02% | 23.46% |
Selling, General & Admin | 275.65M | 95.37M | 189.9M | 131.4M | 106.46M | 90.2M |
SG&A % of Revenue | 12.3% | 3.43% | 5.33% | 2.8% | 1.91% | 10.64% |
Research & Development | 706.02M | 189.76M | 193.18M | 178.36M | 172.56M | 108.73M |
R&D % of Revenue | 31.5% | 6.83% | 5.42% | 3.8% | 3.1% | 12.82% |
Other Operating Expenses | 200K | -32.48K | -3.03M | -751.49K | -63.56K | 0 |
Operating Income | -430.48M▲ 0% | -156.91M▲ 63.5% | -236M▼ 50.4% | -129.47M▲ 45.1% | -120.85M▲ 6.7% | -52.51M▲ 56.6% |
Operating Margin % | -19.21% | -5.65% | -6.63% | -2.75% | -2.17% | -6.19% |
Operating Income Growth % | - | 63.55% | -50.4% | 45.14% | 6.65% | 56.55% |
EBITDA | -371.52M | -146.69M | -219.11M | -111.88M | -94.78M | -32.63M |
EBITDA Margin % | -16.58% | -5.28% | -6.15% | -2.38% | -1.7% | -3.85% |
EBITDA Growth % | - | 60.52% | -49.37% | 48.94% | 15.28% | 65.57% |
D&A (Non-Cash Add-back) | 58.96M | 10.22M | 16.89M | 17.58M | 26.07M | 19.87M |
EBIT | -380.65M | -162.9M | -222.27M | -132.58M | -117.07M | -52.51M |
Net Interest Income | -30.65M | -117.93M | -30.72M | -48.81M | -111.58M | -20.06M |
Interest Income | 28.48M | 13.65M | 13.82M | 30.5M | 22.18M | 3.71M |
Interest Expense | 59.13M | 131.59M | 44.54M | 79.31M | 133.76M | 23.77M |
Other Income/Expense | -9.29M | -26.63M | 7.27M | -14.3M | -14.54M | -15.19M |
Pretax Income | -439.78M▲ 0% | -183.54M▲ 58.3% | -228.73M▼ 24.6% | -143.77M▲ 37.1% | -135.39M▲ 5.8% | -67.69M▲ 50.0% |
Pretax Margin % | -19.62% | -6.6% | -6.42% | -3.06% | -2.43% | -7.98% |
Income Tax | 228K | 1.08M | 4.21M | -513.92K | 203.01K | 1.24M |
Effective Tax Rate % | -0.05% | -0.59% | -1.84% | 0.36% | -0.15% | -1.84% |
Net Income | -439.66M▲ 0% | -184.18M▲ 58.1% | -226.71M▼ 23.1% | -132.68M▲ 41.5% | -127.71M▲ 3.7% | -66.04M▲ 48.3% |
Net Margin % | -19.62% | -6.63% | -6.36% | -2.82% | -2.3% | -7.79% |
Net Income Growth % | - | 58.11% | -23.1% | 41.48% | 3.74% | 48.29% |
Net Income (Continuing) | -440M | -184.62M | -232.94M | -143.26M | -135.6M | -68.94M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 11.51M | 3.89M | 161.94M | 86.95M | 14.77M | -799.79K |
EPS (Diluted) | 0.00▲ 0% | 1.97▲ 0% | -8.16▼ 514.2% | -2.79▲ 65.8% | -2.81▼ 0.7% | -0.19▲ 93.2% |
EPS Growth % | - | - | -514.21% | 65.81% | -0.72% | 93.24% |
EPS (Basic) | 0.00 | 1.97 | -8.16 | -2.79 | -2.81 | -0.19 |
Diluted Shares Outstanding | 37.52M | 37.5M | 239.3M | 337.41M | 336.64M | 338.66M |
Basic Shares Outstanding | 37.52M | 37.5M | 239.3M | 337.41M | 336.64M | 338.66M |
Dividend Payout Ratio | - | - | - | - | - | - |
ECX Balance Sheet
ECARX Holdings, Inc. (ECX) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|
Total Current Assets | 2.43B | 385.41M | 3.85B | 3.29B | 2.83B | 483.07M |
Cash & Short-Term Investments | 729.94M | 137.74M | 860.47M | 699.02M | 454.56M | 118.27M |
Cash Only | 729.94M | 137.74M | 860.47M | 561.15M | 324.04M | 87.08M |
Short-Term Investments | 0 | 0 | 0 | 137.88M | 130.53M | 31.19M |
Accounts Receivable | 993.21M | 160.29M | 1.43B | 1.91B | 1.61B | 206.25M |
Days Sales Outstanding | 161.76 | 21.05 | 146.81 | 148.59 | 105.78 | 88.79 |
Inventory | 233.86M | 35.04M | 182.57M | 160.78M | 233.94M | 62.28M |
Days Inventory Outstanding | 50.52 | 41.55 | 179.03 | 121.39 | 141.44 | 32.41 |
Other Current Assets | 470.69M | 24.08M | 1.38B | 214.89M | 531.07M | 59.78M |
Total Non-Current Assets | 150.39M | 236.91M | 877.7M | 978.9M | 939.8M | 179.25M |
Property, Plant & Equipment | 106.08M | 16.18M | 239.26M | 245.99M | 292.95M | 43.49M |
Fixed Asset Turnover | 21.13x | 171.72x | 14.89x | 19.11x | 18.98x | 19.50x |
Goodwill | 0 | 0 | 0 | 0 | 25.73M | 3.7M |
Intangible Assets | 30.04M | 4.87M | 44.86M | 179.34M | 309.78M | 40.39M |
Long-Term Investments | 2.65M | 212.43M | 353.86M | 300.99M | 15.84M | 61.48M |
Other Non-Current Assets | 11.61M | 3.43M | 239.72M | 252.59M | 295.51M | 30.19M |
Total Assets | 2.58B▲ 0% | 622.32M▼ 75.9% | 4.73B▲ 660.2% | 4.27B▼ 9.8% | 3.77B▼ 11.6% | 662.32M▼ 82.4% |
Asset Turnover | 0.87x | 4.47x | 0.75x | 1.10x | 1.47x | 1.28x |
Asset Growth % | - | -75.86% | 660.23% | -9.79% | -11.63% | -82.44% |
Total Current Liabilities | 3.27B | 474.21M | 3.93B | 4.22B | 5.13B | 822.78M |
Accounts Payable | 1.34B | 119.47M | 1.86B | 2.1B | 2.27B | 316.52M |
Days Payables Outstanding | 289.26 | 141.66 | 1.82K | 1.58K | 1.37K | 164.7 |
Short-Term Debt | 326M | 166.19M | 870M | 1.21B | 1.83B | 349.41M |
Deferred Revenue (Current) | 0 | 57.42M | 0 | 207.64M | 0 | 0 |
Other Current Liabilities | 1.44B | 6.32M | 821.7M | 41.92M | 725.11M | 62.98M |
Current Ratio | 0.74x | 0.81x | 0.98x | 0.78x | 0.55x | 0.59x |
Quick Ratio | 0.67x | 0.74x | 0.93x | 0.74x | 0.51x | 0.51x |
Cash Conversion Cycle | -76.97 | -79.07 | -1.49K | -1.31K | -1.13K | -43.5 |
Total Non-Current Liabilities | 1.14B | 787.92M | 838.05M | 886.62M | 390.8M | 122.87M |
Long-Term Debt | 775.39M | 0 | 439.87M | 455.7M | 0 | 65.88M |
Capital Lease Obligations | 0 | 0 | 68.77M | 107.61M | 121.42M | 15.7M |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 366.67M | 713.7M | 329.41M | 323.32M | 269.38M | 41.29M |
Total Liabilities | 4.41B | 1.26B | 4.77B | 5.1B | 5.52B | 945.65M |
Total Debt | 1.1B | 166.19M | 1.41B | 1.81B | 1.99B | 435.98M |
Net Debt | 371.45M | 28.45M | 549.27M | 1.25B | 1.67B | 348.91M |
Debt / Equity | - | - | - | - | - | - |
Debt / EBITDA | - | - | - | - | - | - |
Net Debt / EBITDA | - | - | - | - | - | - |
Interest Coverage | -6.44x | -1.24x | -4.99x | -1.67x | -0.88x | -2.21x |
Total Equity | -1.83B▲ 0% | -639.81M▲ 65.1% | -34.46M▲ 94.6% | -834.46M▼ 2321.8% | -1.74B▼ 109.1% | -283.32M▲ 83.8% |
Equity Growth % | - | 65.07% | 94.61% | -2321.81% | -109.1% | 83.76% |
Book Value per Share | -48.82 | -17.06 | -0.14 | -2.47 | -5.18 | -0.84 |
Total Shareholders' Equity | -1.84B | -643.7M | -196.4M | -921.41M | -1.76B | -282.52M |
Common Stock | 7K | 1.1K | 10K | 10K | 11K | 0 |
Retained Earnings | -2.24B | -644.65M | -5.73B | -6.67B | -7.6B | -1.19B |
Treasury Stock | 0 | 0 | 0 | 0 | -7.43M | -29.99M |
Accumulated OCI | 1.5M | 948.84K | -385.89M | -344.73M | -363.5M | -20.19M |
Minority Interest | 11.51M | 3.89M | 161.94M | 86.95M | 14.77M | -799.79K |
ECX Cash Flow Statement
ECARX Holdings, Inc. (ECX) cash flow — operating, investing & free cash flow history
| Metric | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|
Cash from Operations | 0 | -872.33M | -461.34M | -1.24B | -430.28M | 0 |
Operating CF Margin % | - | -31.39% | -12.95% | -26.46% | -7.74% | - |
Operating CF Growth % | - | - | 47.11% | -169.52% | 65.4% | 100% |
Net Income | -8.93K | -1.19B | -1.56B | -1.02B | -932.32M | -65.98M |
Depreciation & Amortization | 0 | 65.01M | 74.56M | 124.64M | 150.34M | 0 |
Stock-Based Compensation | 0 | 179.93M | 725.65M | 174.03M | 127.23M | 13.3M |
Deferred Taxes | 0 | 145.05M | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 0 | 99.92M | 693.42M | 88.02M | -172.66M | 52.69M |
Working Capital Changes | 8.93K | -176.81M | -390.8M | -614.91M | 397.13M | 0 |
Change in Receivables | 0 | -141.34M | -307.14M | -585.55M | 281.41M | 0 |
Change in Inventory | 0 | -105.56M | 5.34M | 11.15M | -72.77M | 0 |
Change in Payables | 0 | -199.44M | 0 | 359.8M | 0 | 0 |
Cash from Investing | 0 | -1.39B | -313.04M | 592.08M | -59.91M | 0 |
Capital Expenditures | 0 | -78.86M | -157.29M | -62.19M | -114.65M | 0 |
CapEx % of Revenue | - | 2.84% | 4.42% | 1.32% | 2.06% | - |
Acquisitions | 0 | -8.36M | 0 | 792.06M | -56.56M | 0 |
Investments | - | - | - | - | - | - |
Other Investing | 0 | 41.5M | -155.75M | 2.16M | 111.3M | 0 |
Cash from Financing | 0 | 2.19B | 657.77M | 296.83M | 261.64M | 0 |
Debt Issued (Net) | 0 | -289.31M | 527.28M | 330M | 0 | 0 |
Equity Issued (Net) | 0 | 3.22B | 0 | 0 | -21.9M | 0 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | -21.9M | 0 |
Other Financing | 0 | -740.1M | 130.49M | -33.17M | 283.54M | 0 |
Net Change in Cash | 0▲ 0% | -102.91M▲ 0% | -87.7M▲ 14.8% | -313.15M▼ 257.1% | -231.43M▲ 26.1% | -52.53M▲ 77.3% |
Free Cash Flow | 0▲ 0% | -951.19M▲ 0% | -618.62M▲ 35.0% | -1.31B▼ 111.0% | -544.93M▲ 58.3% | 0▲ 100.0% |
FCF Margin % | - | -34.23% | -17.37% | -27.78% | -9.8% | - |
FCF Growth % | - | - | 34.96% | -111.05% | 58.26% | 100% |
FCF per Share | - | -25.37 | -2.59 | -3.87 | -1.62 | - |
FCF Conversion (FCF/Net Income) | - | 4.74x | 2.03x | 9.37x | 3.37x | - |
Interest Paid | 0 | 28.98M | 28.91M | 63.86M | 112.13M | 0 |
Taxes Paid | 0 | 1.97M | 0 | 280.03K | 0 | 0 |
ECX Key Ratios
ECARX Holdings, Inc. (ECX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
Return on Invested Capital (ROIC) | - | - | -34.38% | -20.94% | -53.82% | -60.05% |
Gross Margin | 24.6% | 4.61% | 4.04% | 3.82% | 2.84% | 17.27% |
Net Margin | -19.62% | -6.63% | -6.36% | -2.82% | -2.3% | -7.79% |
Interest Coverage | -6.44x | -1.24x | -4.99x | -1.67x | -0.88x | -2.21x |
FCF Conversion | - | 4.74x | 2.03x | 9.37x | 3.37x | - |
Revenue Growth | - | 24.01% | 28.17% | 31.94% | 18.33% | -84.75% |
Related:ECX Dividend History·ECX Revenue History·ECX Price History·ECX P/E History·ECX Financial Ratios·ECX Institutional Holders
ECX Frequently Asked Questions
ECARX Holdings, Inc. (ECX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
ECARX Holdings, Inc. (ECX) reported $847.4M in revenue for fiscal year 2025. This represents a 62% decrease from $2.24B in 2020.
ECARX Holdings, Inc. (ECX) saw revenue decline by 84.8% over the past year.
ECARX Holdings, Inc. (ECX) reported a net loss of $66.1M for fiscal year 2025.