Ecarx Holdings Inc. income statement

In fiscal 2025, Ecarx Holdings Inc. reported revenue of $848m, up 9.9% on the year before, operating income of −$54.8m (a -6.5% margin) and net income of −$66.0m, or −$0.20 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ecarx Holdings Inc.: income statement, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	325	431	516	662	772	848
Cost of revenue	—	—	372	484	611	687
Gross profit	80	127	144	179	160	161
Research and development	—	—	176	178	175	123
Selling, general and administrative	—	—	—	132	108	94
Selling and marketing	—	—	13	—	—	—
General and administrative	—	—	171	—	—	—
Operating income	−62	−155	−213	−130	−123	−55
Interest expense	—	—	7	11	19	24
Income before tax	—	—	−220	−144	−138	−68
Income tax	—	—	3	−1	0	1
Net income	−64	−182	−223	−133	−130	−66
Diluted EPS	—	—	−$1.15	−$0.40	−$0.39	−$0.20
Diluted shares (average)	239m	237m	239m	337m	337m	339m
EBITDA	−54	−145	−203	−118	−102	−35

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Ecarx Holdings Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ecarx Holdings Inc.