ECARX Holdings (ECX) Gross Margin (2021 - 2026)

ECARX Holdings (ECX) reported Gross Margin of 21.44% for Q1 2026, up 165.0% on a YoY basis from 8.09% in Q1 2025, and up 2.58% quarter-over-quarter from 20.91% in Q4 2025.

ECARX Holdings (ECX) Gross Margin (2021 - 2026) Analysis & Trends

ECARX Holdings has reported Gross Margin for 6 years, with the latest figure at 21.44% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 165.0% year-over-year to 21.44%; the trailing twelve-month figure through Mar 2026 stood at 19.26% (down 114.0% YoY), and the FY2025 full-year result was 19.02%, down 173.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 21.44%, up from 20.91% in the prior quarter.
  • The five-year high for Gross Margin was 43.9% in Q2 2022, with the low at 10.8% in Q2 2025.
  • Historically, Gross Margin has averaged 23.72% across 5 years, with a median of 21.65% in 2025.
  • Annual changes were most pronounced in 2023 — Gross Margin jumped 1148 bps — and 2024, when it plunged 1335 bps.
  • ECARX Holdings' Gross Margin stood at 28.0% in 2022, then declined by 18 bps to 23.03% in 2023, then decreased by 8 bps to 21.28% in 2024, then decreased by 2 bps to 20.91% in 2025, then grew by 3 bps to 21.44% in 2026.
  • The last three Gross Margin figures came in at 21.44% (Q1 2026), 20.91% (Q4 2025), and 21.65% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn 51.47%
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn 52.15%
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn 23.12%
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn 19.16%
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn 37.33%
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn 18.09%
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn -500.00%
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 13.71%
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn 28.88%
10 ECARX Holdings 447.88 Mn 337.38 Mn 28.20 Mn 21.44%

Historic Data

Download Data
DateValue
Mar 31, 2026 21.44%
Dec 31, 2025 20.91%
Sep 30, 2025 21.65%
Jun 30, 2025 10.80%
Mar 31, 2025 19.80%
Dec 31, 2024 21.28%
Sep 30, 2024 17.26%
Jun 30, 2024 23.20%
Mar 31, 2024 22.10%
Dec 31, 2023 23.03%
Sep 30, 2023 30.61%
Jun 30, 2023 31.28%
Mar 31, 2023 27.63%
Dec 31, 2022 28.00%
Sep 30, 2022 19.13%
Jun 30, 2022 43.90%
Mar 31, 2022 21.18%
Dec 31, 2021 30.91%