ECARX Holdings Inc.
ECX Nasdaq· Services-Computer Integrated Systems Design
Last close · Oct 26, 2026
$0.80
KIRA · Stoqly’s AI analyst, in plain words
- ECARX Holdings Inc. had $848M of revenue in fiscal 2025, up 9.9% on the year before.
- Its operating margin was −6.5%, up 9.5 pts: of every 100 in sales, about −6 is left after running the business.
- ECARX Holdings Inc. lost $66.0M in fiscal 2025.
- Free cash flow was −$107M in fiscal 2025, −12.6% of revenue.
- ECARX Holdings Inc. owes $224M more than it holds in cash.
Market cap
$270M
P/E
—
Revenue
$848M
Net income
−$66.0M
Free cash flow
−$107M
Operating margin
−6.5%
ECARX Holdings Inc. in 30 seconds · fiscal 2025
Are sales growing?
+9.9%
Yes. Sales grew 9.9% last year.
Does it make a profit?
−7.8%
No. It lost money last year.
Does profit turn into cash?
−12.6%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What ECARX Holdings Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Mar 30, 2026
- Legal name
- ECARX Holdings Inc.
- CIK
- 0001861974
ECARX Holdings Inc. · ECX
Results and finances
The last 4 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Sales and profit | ||||
| Revenue | $516M | $662M | $772M | $848M |
| Revenue growth | — | 28.4% | 16.5% | 9.9% |
| Gross margin | 27.8% | 27.0% | 20.8% | 19.0% |
| Operating margin | −41.2% | −19.6% | −15.9% | −6.5% |
| Net income | −$223M | −$133M | −$130M | −$66.0M |
| Net margin | −43.3% | −20.1% | −16.8% | −7.8% |
| Diluted EPS | −$1.15 | −$0.40 | −$0.39 | −$0.20 |
| Cash | ||||
| Cash from operations | −$58.8M | −$172M | −$60.0M | −$94.4M |
| Capital expenditure | $18.5M | $8.9M | $15.9M | $12.2M |
| Free cash flow | −$77.4M | −$181M | −$75.9M | −$107M |
| FCF margin | −15.0% | −27.4% | −9.8% | −12.6% |
| Share count change | — | 41.0% | −0.2% | 0.6% |
| Debt and strength | ||||
| Cash and short-term investments | $107M | $80.3M | $44.3M | $87.1M |
| Debt incl. finance leases | $126M | $169M | $185M | $311M |
| Loans, net | — | $7.7M | $2.3M | $6.0M |
| Shareholders' equity | −$25.7M | −$130M | −$240M | −$283M |
| Current ratio | 0.9x | 0.8x | 0.6x | 0.6x |
| Interest coverage | −28.7x | −11.6x | −6.6x | −2.3x |
| Returns and quality | ||||
| Piotroski F-score | — | 2 | 3 | 2 |
| Altman Z'' | −7.2 | −8.2 | −13.1 | −10.1 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
ECARX Holdings Inc. · ECX
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $0.80 a share, the company is worth $270M.
Source: SEC EDGAR XBRL filings (CIK 0001861974). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.