Business
ECARX Announces Audited 2025 Full-Year Financial Results
Over 11 million vehicles serviced by ECARX solutions to date ECARX working with 28 brands across 18 OEMs 2025 showed cased double-digit revenue growth
About this update from Ecarx Holdings Inc.
[{"type":"text","content":"Over 11 million vehicles serviced by ECARX solutions to date ECARX working with 28 brands across 18 OEMs 2025 showed cased double-digit revenue growth Profitability improved by 50% year over yearGlobal expansion strategy showing clarity and directionLONDON, April 2, 2026 /PRNewswire/ -- ECARX Holdings Inc. (Nasdaq: ECX) (\"ECARX\" or the \"Company\"), a global leader in automotive intelligent technology, announced its audited financial results for the fiscal year ended December 31, 2025 with the filing of its 20-F on March 30, 2026 to the United States Securities and Exchange Commission.\nThe 2025 full year results validate ECARX's strong growth trajectory, improved profitability, and strategic progress in scaling its global mobility technology platforms.2025 Audited Financial & Operational HighlightsTotal Revenue: $847.9 million representing 10% year‑over‑year (YoY) growth, driven by record shipments of the flagship Antora® compute platform, market leadership in China's sub-200,000CNY cockpit domain controller segment, and growing revenue from global OEM partnerships.Gross Profit & Margin: Gross profit reached $161.3 million, with a stable 19% gross margin, underscoring optimized supply chain management, and cost-control efficiency amid industry headwinds.Q4 2025 Milestone: Record quarterly revenue of $304.7 million (+13% YoY); achieved two consecutive quarters of profitability (Q3 and Q4 2025), with Q4 delivering net income of $2.8 million and adjusted EBITDA of $21.6 million - a historic first for the Company as a NASDAQ-listed entity.Cost Optimization: R&D expenses decreased 39% YoY in Q4 2025 by increased use of AI tools; full‑year selling, general and administrative expenses fell 14% YoY, driving operational efficiency and margin expansion.Global Traction: Overseas Revenue from global markets accounted for 28% of total 2025 revenue; total order backlog exceeded $2.5 billion, supported by deepened collaborations with leading global automotive brands.Net Loss Improvement: Net loss narrowed to $68.9 million, a 50% reduction from the $137.8 million net loss in 2024, driven by strong disciplined operational expense optimization and economies of scale in mass production.In 2025 Antora® platform DHU shipments reached 647K units, year on year increase of +150%.In 2025, Venado module shipments reached 13.8m units, representing a 52...