NASDAQ$ECX

ECARX Holdings Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

ECX Q4 2023 — CNY 1.24B revenue

These forward-looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties that could cause actual results to differ materially, including, but no. ECARX Holdings Inc reported Q4 2023 results. Net income of CNY 1.61B. Headline numbers extracted from the Form 20-F press release; narrative is light because this row was processed without an LLM call.

  • Revenue: CNY 1.24B.
  • Net income: CNY 1.61B.
  • Gross profit: CNY 817K.

Headline financials

Total Revenue

$263M

Previous: $221M+18.8%
EPS (adj)

-$0.12

Previous: -$0.27+55.6%
Capital Expenditures

$62.2M

Previous: $128M-51.3%
Free Cash Flow

-$1.31B

Previous: -$534M-144.7%
Net Income

-$41.8M

Previous: -$740M+94.3%
Operating Income

-$42.1M

Previous: -$661M+93.6%
Gross Profit

$60.6M

Previous: $428M-85.8%
R&D Expense

$66.7M

No prior period
Stock-Based Comp

$174M

Previous: $726M-76.0%

Revenue & EPS history

ECARX · Revenue · Quarterly

$263M

Q4 2023+18.8%vs Q4 2022
Beat estimate in 1 of 6 quarters(17%)
ActualEstimate

Revenue by segment

ECARX · $132M total across 3 segments · Q1 2026

  • Sales of Goods
    $114M-6.1%
  • Service
    $16.1M-25.5%
  • Software License
    $1.6M-93.8%

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 Q4 2023

Historical avgQ4 2023

-1.1%

Avg return

Earnings day

-3.3%

Avg return

5 days after

-0.2%

Avg return

30 days after

45%

9 / 20 earnings

Positive

+8.3%

Q1 2025

Best reaction

-14.9%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.5%
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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