ECARX Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	811.7	847.86	771.53	662.23	516.39	437.24
Revenue Growth (YoY)	-0.40%	9.89%	16.51%	28.24%	18.10%	27.46%
Cost of Revenue	655.4	686.6	611.43	483.61	372.3	308.69
Gross Profit	156.3	161.26	160.1	178.62	144.08	128.55
Selling, General & Admin	87	93.84	108.2	131.72	189.94	95.64
Research & Development	112.3	123.34	174.86	177.68	193.22	190.31
Other Operating Expenses	-	-	-	-1.01	-3.31	-
Total Operating Expenses	199.3	217.18	283.06	308.39	379.85	285.95
Operating Income	-43	-54.77	-122.9	-130.02	-236.05	-157.36
Interest Income	19.5	4.95	8.69	-1.83	-8.42	1.54
Interest Expense	-28.8	-23.77	-18.57	-11.24	-6.46	-20.7
Other Non-Operating Income (Expense)	1.6	7.05	-4.7	-1.59	21.87	-7.5
Total Non-Operating Income (Expense)	-7.7	-11.78	-14.58	-14.66	6.99	-26.67
Pretax Income	-50.7	-67.7	-137.54	-144.42	-228.78	-184.07
Provision for Income Taxes	3.8	1.24	0.21	-0.53	4.21	1.08
Net Income	-50.6	-66.04	-129.77	-133.32	-278.31	-223.23
Minority Interest in Earnings	-2.1	-2.9	-7.99	-10.58	-6.13	-0.24
Net Income Attributable to Preferred Dividends	-	-	-	-	51.45	38.32
Net Income to Common	-50.6	-66.04	-129.77	-133.32	-278.31	-223.23
Shares Outstanding (Basic)	346	339	337	337	239	237
Shares Outstanding (Diluted)	348	339	337	337	239	237
Shares Change (YoY)	4.12%	0.60%	-0.23%	41.00%	1.10%	-0.80%
EPS (Basic)	-0.15	-0.20	-0.39	-0.40	-1.16	-0.94
EPS (Diluted)	-0.15	-0.20	-0.39	-0.40	-1.16	-0.94
Shares Outstanding	356.47	356.47	340.13	337.95	337.4	-
Free Cash Flow	-	-106.56	-75.89	-181.32	-89.68	-156.24
Free Cash Flow Per Share	-	-0.31	-0.23	-0.54	-0.37	-0.66
Gross Margin	19.26%	19.02%	20.75%	26.97%	27.90%	29.40%
Operating Margin	-5.30%	-6.46%	-15.93%	-19.63%	-45.71%	-35.99%
Profit Margin	-6.49%	-8.13%	-17.85%	-21.73%	-45.12%	-42.34%
FCF Margin	-	-12.57%	-9.84%	-27.38%	-17.37%	-35.73%
EBITDA	-43	-30.38	-96.49	-112.42	-219.15	-147.11
EBITDA Margin	-5.30%	-3.58%	-12.51%	-16.98%	-42.44%	-33.65%
EBIT	-43	-54.77	-122.9	-130.02	-236.05	-157.36
EBIT Margin	-5.30%	-6.46%	-15.93%	-19.63%	-45.71%	-35.99%
Effective Tax Rate	-7.50%	-1.84%	-0.15%	0.36%	-1.84%	-0.59%

Updated May 19, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q