ECARX Holdings, Inc. (ECX) Income Statement
ECX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsECX revenue and net income
Where ECX's revenue goes
2025Each bar shows an amount and its share of revenue. ECX kept −7.8% of revenue as net income.
ECX profit margins
ECX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ECX quarterly EPS vs estimates
ECARX beat the analyst EPS estimate in 2 of the last 5 quarters. Next report: November 2, 2026.
ECX income statement
| 2025 | |
|---|---|
| Revenue | $847.9M |
| Cost of revenue | $686.6M |
| Gross profit | $161.3M |
| Research & development | $123.3M |
| Sales, general & admin | $93.8M |
| Total operating expenses | $211.2M |
| Operating income | −$50.0M |
| Interest income | $3.7M |
| Interest expense | $23.8M |
| Income before taxes | −$67.7M |
| Income taxes | $1.2M |
| Net income | −$66.0M |
| EBITDA | −$19.5M |
| EPS (diluted) | −$0.96 |
| Gross margin | 19.0% |
| Operating margin | −5.9% |
| Net margin | −7.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | |
|---|---|---|---|---|---|
| Revenue | $225.2M | $131.5M | $304.7M | $219.9M | $155.0M |
| Cost of revenue | $180.7M | $103.3M | $241.0M | $172.3M | $138.4M |
| Gross profit | $44.5M | $28.2M | $63.7M | $47.6M | $16.6M |
| Research & development | $29.1M | $23.5M | $29.1M | $25.9M | $33.7M |
| Sales, general & admin | $21.6M | $17.7M | $28.6M | $18.4M | $23.4M |
| Total operating expenses | $50.7M | $41.2M | $56.6M | $44.3M | $57.1M |
| Operating income | −$6.2M | −$13.0M | $7.1M | $3.3M | −$40.5M |
| Interest income | $1.3M | $1.2M | $610,000 | $1.5M | $900,000 |
| Interest expense | $8.3M | $9.7M | $9.9M | $3.7M | $5.5M |
| Income before taxes | −$12.1M | −$9.9M | $2.0M | $800,000 | −$43.7M |
| Income taxes | −$100,000 | $1.1M | −$800,000 | −$100,000 | $1.8M |
| Net income | −$12.2M | −$10.6M | $2.6M | $400,000 | −$43.2M |
| EBITDA | −$1.1M | −$200,000 | $12.0M | $4.5M | −$38.2M |
| EPS (diluted) | −$0.03 | −$0.03 | $0.01 | $0.01 | −$0.90 |
| Gross margin | 19.8% | 21.4% | 20.9% | 21.6% | 10.7% |
| Operating margin | −2.8% | −9.9% | 2.3% | 1.5% | −26.1% |
| Net margin | −5.4% | −8.1% | 0.9% | 0.2% | −27.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ECX's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ECX financial results
In fiscal year 2025 (ended December 31, 2025), ECARX reported revenue of $847.9 million. It had a net loss of $66.0 million, a net profit margin of −7.8%. Diluted earnings per share came to −$0.96.
See the ECX stock overview for the latest quote and news, or the ECX chart for price history and technical indicators.
ECX income statement FAQ
What is ECARX's annual revenue?
ECARX reported total revenue of $847.9 million for fiscal year 2025, which ended on December 31, 2025.
Is ECARX profitable?
No. ECARX reported a net loss of $66.0 million in fiscal 2025, a net profit margin of −7.8%; its operating margin was −5.9%.
What is ECARX's gross margin?
ECARX's gross margin was 19.0% in fiscal 2025: for every $100 of revenue, ECARX kept $19 after the direct cost of its products and services.
How much does ECARX spend on research and development?
ECARX spent $123.3 million on research and development in fiscal 2025, 14.5% of revenue.
What are ECARX's earnings per share?
ECARX earned $-0.96 per diluted share in fiscal 2025.
When will ECARX report its next earnings?
ECARX is expected to report results for the quarter ending September 30, 2026 on November 2, 2026.
When does ECARX's fiscal year end?
ECARX's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.