ECARX Holdings Inc. (ECX)

ECARX Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	847.86	771.53	662.23	516.44	437.47
Revenue Growth (YoY)	9.89%	16.51%	28.23%	18.05%	27.44%
Cost of Revenue	686.6	611.43	483.61	372.34	308.85
Gross Profit	161.26	160.1	178.62	144.1	128.62
Selling, General & Admin	96.49	111.36	134.56	194.46	95.69
Research & Development	117.06	171.46	173.02	188.74	190.41
Other Operating Expenses	-1.14	-0.06	-0.76	-3.03	-0.03
Operating Expenses	212.4	282.76	306.81	380.17	286.06
Operating Income	-51.14	-122.66	-128.2	-236.07	-157.44
Interest Expense	-23.77	-18.57	-11.24	-6.46	-20.71
Interest & Investment Income	3.71	3.08	4.31	2	2.15
Earnings From Equity Investments	1.24	5.61	-6.14	-10.43	-0.61
Currency Exchange Gain (Loss)	-1.22	-0.97	-1.48	-2.64	2.88
Other Non Operating Income (Expenses)	7.35	2.32	3.35	8.14	-12.09
EBT Excluding Unusual Items	-63.84	-131.19	-139.4	-245.45	-185.83
Gain (Loss) on Sale of Investments	-0.22	-6.11	-3.21	6.22	-
Gain (Loss) on Sale of Assets	-	-	-	10.44	1.67
Asset Writedown	-3.63	-0.23	-1.82	-	-
Pretax Income	-67.7	-137.54	-144.42	-228.8	-184.16
Income Tax Expense	1.24	0.21	-0.53	4.21	1.08
Earnings From Continuing Operations	-68.94	-137.75	-143.9	-233.01	-185.24
Minority Interest in Earnings	2.9	7.99	10.58	6.23	0.44
Net Income	-66.04	-129.77	-133.32	-226.78	-184.8
Preferred Dividends & Other Adjustments	-	-	-	51.45	38.55
Net Income to Common	-66.04	-129.77	-133.32	-278.23	-223.35
Shares Outstanding (Basic)	339	337	337	239	237
Shares Outstanding (Diluted)	339	337	337	239	237
Shares Change (YoY)	0.60%	-0.23%	41.00%	1.10%	-0.80%
EPS (Basic)	-0.20	-0.39	-0.40	-1.16	-0.94
EPS (Diluted)	-0.20	-0.39	-0.40	-1.16	-0.94
Free Cash Flow	-106.56	-75.89	-181.32	-89.69	-156.32
Free Cash Flow Per Share	-0.32	-0.23	-0.54	-0.38	-0.66
Gross Margin	19.02%	20.75%	26.97%	27.90%	29.40%
Operating Margin	-6.03%	-15.90%	-19.36%	-45.71%	-35.99%
Profit Margin	-7.79%	-16.82%	-20.13%	-53.87%	-51.05%
Free Cash Flow Margin	-12.57%	-9.84%	-27.38%	-17.37%	-35.73%
EBITDA	-31.27	-102.09	-116.09	-225.26	-150.63
EBITDA Margin	-3.69%	-13.23%	-17.53%	-43.62%	-34.43%
D&A For EBITDA	19.87	20.57	12.11	10.81	6.81
EBIT	-51.14	-122.66	-128.2	-236.07	-157.44
EBIT Margin	-6.03%	-15.90%	-19.36%	-45.71%	-35.99%
Revenue as Reported	847.86	771.53	662.23	516.44	437.47
Advertising Expenses	4.31	4.25	2.49	1.71	2.15

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q