NASDAQ$ECX
ECARX Holdings Inc · Q2 2025 earnings
Q2 2025 earnings · · Investor relations
Briefing
ECARX reported Q2 2025 revenue of $155.6M with a net loss of $45.4M as Antora shipments surged 112% YoY.
Total revenue was $155.6 million for the quarter ended June 30, 2025, down 10% year over year on seasonality and contract timing, while operating expenses fell 20% to $57.2 million. Net loss was $45.4 million. Antora series shipments rose 112% to 135,000 units; management targets EBITDA breakeven in remaining 2025 quarters.
- Q2 revenue $155.6M; net loss $45.4M.
- Antora shipments +112% YoY to 135k units.
- Operating expenses down 20% on lean strategy.
- Global OEM wins and Singapore HQ expansion.
- Path to ~20% full-year revenue growth cited.
Headline financials
Revenue & EPS history
ECARX · Revenue · Quarterly
$156M
Revenue by segment
ECARX · $132M total across 3 segments · Q1 2026
- Sales of Goods$114M-6.1%86.5%
- Service$16.1M-25.5%12.2%
- Software License$1.6M-93.8%1.2%
Forward guidance
The filing discusses ECARX's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.
Tailwinds
- Management targets EBITDA breakeven in each remaining 2025 quarter.
- ECARX cites demand and execution supporting the near-term outlook.
- Liquidity and balance-sheet capacity support operations and shareholder returns.
Headwinds
- GAAP profitability remained under pressure in Q2 2025.
- Macro, input costs, and FX may pressure margins quarter to quarter.
- Segment mix and one-time items can affect comparability versus prior periods.
- Automotive seasonality and pricing pressure on computing platforms.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2025
-1.1%
Avg return
Earnings day
-3.3%
Avg return
5 days after
+0.0%
Avg return
30 days after
45%
9 / 20 earnings
Positive
+8.3%
Q1 2025
Best reaction
-14.9%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.5% | -3.9% | +3.9% | |
| Q4 2025 | -8.3% | -13.5% | -42.0% | |
| Q3 2025 | +4.7% | -6.8% | -20.8% | |
| Q2 2025 | -11.3% | -4.1% | +26.0% | |
| Q1 2025 | +8.3% | +18.3% | +30.0% | |
| Q3 2024 | +0.5% | -2.2% | +4.4% | |
| Q2 2024 | +4.4% | +7.9% | +9.2% | |
| Q1 2024 | -14.9% | -22.3% | -11.5% | |
| Q4 2023 | +0.4% | -13.1% | -28.7% | |
| Q3 2023 | -3.5% | -17.3% | -40.5% | |
| Q2 2023 | -4.4% | -6.7% | -14.8% | |
| Q1 2023 | -1.3% | +4.3% | -31.0% | |
| Q4 2021 | +2.0% | -2.0% | +38.2% | |
| Q4 2022 | +2.0% | -2.0% | +38.2% | |
| Q4 2020 | +2.0% | -2.0% | +38.2% | |
| Q3 2022 | +0.2% | +0.1% | +0.7% | |
| Q2 2022 | +0.0% | -0.1% | +0.3% | |
| Q1 2022 | +0.0% | +0.0% | +0.4% | |
| Q3 2021 | +0.0% | -0.6% | -0.2% | |
| Q2 2021 | -0.4% | -0.2% | +0.1% | |
| Q1 2021 | — | — | — |
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