ECARX Holdings, Inc. (ECX) Revenue History
Annual and quarterly revenue from 2020 to 2025
Compound Annual Growth Rate (CAGR)
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ECX Revenue Growth
Revenue Breakdown (FY 2025)
ECX's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
ECX Revenue Analysis (2020–2025)
As of May 8, 2026, ECARX Holdings, Inc. (ECX) generated trailing twelve-month (TTM) revenue of $4.04 billion, reflecting significant decline in growth of -84.3% year-over-year. The most recent quarter (Q4 2025) recorded $304.6 million in revenue, down 80.5% sequentially.
Looking at the longer-term picture, ECX's 5-year compound annual growth rate (CAGR) stands at -17.7%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $5.56 billion in 2024.
Revenue diversification analysis shows ECX's business is primarily driven by Product (82%), Service (13%), and License (3%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including MBLY (+8.7% YoY), APTV (+5.2% YoY), and VC (-2.0% YoY), ECX has underperformed the peer group in terms of revenue growth. Compare ECX vs MBLY →
ECX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ECXCurrent | $4.0B | -84.3% | -17.7% | -6.5% | |
 MBLY | $1.9B | +8.7% | +14.4% | -23.2% | |
 APTV | $20.4B | +5.2% | +9.3% | 5.8% | |
 VC | $3.8B | -2.0% | +8.1% | 8.8% | |
 NXPI | $12.3B | +2.4% | +7.3% | 27.0% | |
 LAZR | $75M | +1.0% | +43.0% | -577.0% |
ECX Historical Revenue Data (2020–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $847.7M | -84.8% | $161.3M | 19.0% | $-54,685,426 | -6.5% |
| 2024 | $5.56B | +18.3% | $158.1M | 2.8% | $-120,853,002 | -2.2% |
| 2023 | $4.70B | +31.9% | $179.5M | 3.8% | $-129,467,314 | -2.8% |
| 2022 | $3.56B | +28.2% | $144.1M | 4.0% | $-235,998,000 | -6.6% |
| 2021 | $2.78B | +24.0% | $128.2M | 4.6% | $-156,912,819 | -5.6% |
| 2020 | $2.24B | - | $551.4M | 24.6% | $-430,481,000 | -19.2% |
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Start ComparisonECX — Frequently Asked Questions
Quick answers to the most common questions about buying ECX stock.
Is ECX's revenue growth accelerating or slowing?
ECX revenue declined -84.3% year-over-year, contrasting with the 5-year CAGR of -17.7%. TTM revenue fell to $4.0B. This reverses the prior growth trend.
What is ECX's long-term revenue growth rate?
ECARX Holdings, Inc.'s 5-year revenue CAGR of -17.7% reflects the variable expansion pattern. Current YoY growth of -84.3% is below this long-term average.
How is ECX's revenue distributed by segment?
ECX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2025 are available for download. Segment mix reveals concentration and diversification trends.