ECARX Holdings, Inc.ECXNASDAQ

Revenue (LTM)

$5.9B

+6.6% YoY

Net Income (LTM)

$-462M

-261.4% YoY

Free Cash Flow

Revenue CAGR (5Y)

+21.5%

Marginsimproving

FCF($0.0B)

Unprofitable

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Revenue	2,779	3,562↑28.2%	4,700↑31.9%	5,561↑18.3%	5,929↑6.6%
Gross Profit	128	144↑12.4%	180↑24.6%	158↓11.9%	1,128↑613.4%
Operating Income	-157	-236↓50.4%	-129↑45.1%	-121↑6.7%	-383↓216.5%
Net Income	-184	-227↓23.1%	-133↑41.5%	-128↑3.7%	-462↓261.4%
EBITDA	-153	-205↓34.5%	-115↑44.0%	-91↑20.9%	-234↓157.5%
EPS Diluted	1.97	-8.16↓514.2%	-2.79↑65.8%	-2.81↓0.7%	-1.36↑51.6%

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Cash & Equivalents	138	860↑524.7%	561↓34.8%	324↓42.3%	609↑88.0%
Total Current Assets	385	3,853↑899.8%	3,289↓14.7%	2,831↓13.9%	3,379↑19.3%
Total Assets	622	4,731↑660.2%	4,268↓9.8%	3,771↓11.6%	4,633↑22.9%
Total Current Liabilities	474	3,927↑728.2%	4,215↑7.3%	5,125↑21.6%	5,755↑12.3%
Total Liabilities	1,262	4,765↑277.6%	5,102↑7.1%	5,516↑8.1%	6,615↑19.9%
Total Equity	-644	-196↑69.5%	-921↓369.2%	-1,760↓91.0%	-1,976↓12.3%
Total Debt	166	1,410↑748.3%	1,808↑28.3%	1,993↑10.2%	3,050↑53.0%
Net Debt	28	549↑1830.6%	1,247↑127.1%	1,669↑33.8%	2,441↑46.2%

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Operating Cash Flow	-872	-461↑47.1%	-1,243↓169.5%	-430↑65.4%	0
Capital Expenditure	-79	-157↓99.4%	-62↑60.5%	-115↓84.3%	0
Free Cash Flow	-951	-619↑35.0%	-1,306↓111.0%	-545↑58.3%	0
Stock-Based Comp	180	726↑303.3%	174↓76.0%	127↓26.9%	93↓26.9%
Net Change in Cash	-103	-88↑14.8%	-313↓257.1%	-231↑26.1%	-367↓58.8%

Values in millions except EPS · Ratios shown as percentages · Click any metric to drill down

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