ECARX Holdings Inc. (ECX) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to eCorex's second quarter 2026 earnings conference call. With me today from eCorex are our founder and chief executive officer, Ziyu Shen, chief operating officer, Peter Cirino, and chief financial officer, Dylan Jeng. Following their prepared remarks, they will all be available to answer your questions. Before we start, I would like to refer you to our forward-looking statements at the bottom of our earnings press release, which also apply to this call. further information on specific risk factors that could cause actual results to differ materially can be found in our filings with the SEC. In addition, this call will include discussions of certain non-GAAP financial measures. A reconciliation of the non-GAAP financial measures to the GAAP financial measures can be found at the bottom of our earnings press release. With that, I'd like to hand the call over to our founder and CEO, Ziyu Shen. Ziyu, please go ahead. Thank you, Mark. Hello everyone and thank you for joining us today. Last quarter, we outlined our vision to push the boundaries of automotive intelligence globally and how we are transforming into a truly global business, uniquely positioned to capitalize on the surging demand for higher value software and physical AI. At our earnings in May, we said we expected a significant rebound in the market from Q2, both in terms of vehicle launches and shipments. The second quarter delivered exactly as expected. We delivered a strong financial result, and we continue to build momentum and make strong progress on our strategic objectives. The second quarter continued to be defined by disciplined execution and accelerating global momentum. Our top-line revenue increased 45% year-over-year and up 71% from Q1. We reduced our operating expenses ...