ECARX Holdings (ECX) Gross Margin (2021 - 2026)
ECARX Holdings' (ECX) quarterly Gross Margin came in at 19.76% in Q2 2026, up 896.0% on a YoY basis from 1.98% in Q2 2025, and down 7.86% quarter-over-quarter from 21.44% in Q1 2026.
Analysis
ECARX Holdings (ECX) Gross Margin (2021 - 2026) Analysis & Trends
ECARX Holdings (ECX) has reported Gross Margin for 6 consecutive years, with 19.76% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 896.0% year-over-year to 19.76%; the trailing twelve-month figure through Jun 2026 stood at 20.88% (up 298.0% YoY), and the FY2025 full-year result was 19.02%, down 173.0% from the prior year.
- Gross Margin fell to 19.76% in Q2 2026 per ECX's latest filing, from 21.44% in the prior quarter.
- Across five years, Gross Margin topped out at 43.9% in Q2 2022 and bottomed at 10.8% in Q2 2025.
- Historically, Gross Margin has averaged 23.5% across 5 years, with a median of 21.55% in 2025.
- The sharpest annual moves came in 2023 and 2024: Gross Margin surged 1148 bps in 2023, then sank 1335 bps in 2024.
- Over 5 years, Gross Margin stood at 28.0% in 2022, then retreated by 18 bps to 23.03% in 2023, then dropped by 8 bps to 21.28% in 2024, then dropped by 2 bps to 20.91% in 2025, then slipped by 5 bps to 19.76% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 19.76%, 21.44%, and 20.91% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aurora Innovation | 12.60 Bn | 11.38 Bn | -5.00 Mn | -250.00% |
| 2 | Mobileye Global | 6.79 Bn | 5.48 Bn | 235.00 Mn | 46.26% |
| 3 | Pony AI | 2.53 Bn | 2.53 Bn | 6.35 Mn | 17.53% |
| 4 | WeRide | 1.77 Bn | 1.11 Bn | 12.76 Mn | 26.70% |
| 5 | Kodiak AI | 720.88 Mn | 569.82 Mn | - | - |
| 6 | ECARX Holdings | 357.29 Mn | 154.39 Mn | 44.50 Mn | 19.76% |
| 7 | Cyngn | 10.16 Mn | 10.16 Mn | 55,476.00 | 38.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.76% |
| 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% |