ECARX (ECX)
Supplies automakers with integrated hardware and software for software-defined vehicles.
$1.10
vs last close−0.00 (−0.45%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,089 | 1,869 | 928 | 1,257 | 1,391 | 245 | 1,222 | 155 | 220 | 305 | 132 | 225 |
| Cost of revenue | 759 | 1,437 | 723 | 966 | 1,151 | 193 | 980 | 138 | 172 | 241 | 103 | 181 |
| Gross profit | 330 | 432 | 205 | 291 | 240 | 52 | 243 | 17 | 48 | 64 | 28 | 45 |
| 570 | 729 | 460 | 520 | 539 | 60 | 421 | 57 | 44 | 57 | 41 | 51 | |
| Research & development | 309 | 473 | 269 | 42 | 335 | 42 | 251 | 34 | 26 | 29 | 24 | 29 |
| 261 | 261 | 191 | 30 | 204 | 18 | 170 | 24 | 18 | 28 | 18 | 22 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 260 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 0 | −5 | 0 | 449 | 0 | 0 | 0 | −1 | 0 | 0 | 0 | 0 |
| Operating income | −240 | −297 | −255 | −229 | −299 | −8 | −179 | −41 | 3 | 7 | −13 | −6 |
| −43 | −30 | −48 | −78 | −32 | 8 | −16 | −3 | −3 | −5 | 3 | −6 | |
| Interest income | 5 | 8 | 6 | 1 | 0 | 1 | 0 | 1 | 2 | 1 | 1 | 1 |
| Interest expense | 20 | 21 | 21 | 3 | 22 | 8 | 29 | 6 | 4 | 10 | 10 | 8 |
| Other non-operating income | 23 | 8 | 27 | 0 | 0 | −15 | 0 | −2 | −1 | 0 | −13 | 0 |
| Income before tax | −283 | −327 | −303 | −307 | −331 | 0 | −195 | −44 | 1 | 2 | −10 | −12 |
| Income tax expense | 0 | −4 | −1 | 1 | 1 | 0 | 2 | 2 | 0 | −1 | 1 | 0 |
| Net income from continuing operations | −283 | −323 | −302 | −307 | −331 | 0 | −197 | −46 | 1 | 3 | −11 | −12 |
| Net income | −267 | −295 | −285 | −285 | −317 | 0 | −188 | −43 | 0 | 3 | −11 | −12 |
| EPS, basic | −$0.79 | −$0.87 | −$0.85 | −$0.84 | −$0.95 | −$0.02 | −$0.56 | −$0.13 | $0.00 | $0.01 | −$0.03 | −$0.03 |
| EPS, diluted | −$0.79 | −$0.87 | −$0.85 | −$0.84 | −$0.98 | −$0.02 | −$0.56 | −$0.13 | $0.00 | $0.01 | −$0.03 | −$0.03 |
| Weighted average shares, basic | 337 | 337 | 338 | 338 | 323 | 334 | 338 | 342 | 339 | 341 | 364 | 372 |
| Weighted average shares, diluted | 337 | 337 | 338 | 338 | 334 | 334 | 338 | 342 | 341 | 347 | 364 | 372 |
| EBITDA | −263 | −306 | −282 | −197 | −277 | 8 | −142 | −38 | 5 | 12 | 0 | −1 |
| Depreciation & amortization | 0 | 0 | 0 | 32 | 21 | 0 | 37 | 0 | 0 | 5 | 0 | 5 |
| EBIT | −263 | −306 | −282 | −229 | −299 | 8 | −179 | −38 | 5 | 7 | 0 | −6 |
