ECARX Holdings (ECX) Gross Margin (2021 - 2026)
ECARX Holdings' (ECX) quarterly Gross Margin came in at 21.44% in Q1 2026, up 165.0% YoY from 8.09% in Q1 2025, and up 2.58% on a QoQ basis from 20.91% in Q4 2025.
ECARX Holdings (ECX) Gross Margin (2021 - 2026) Analysis & Trends
ECARX Holdings (ECX) has 6 years of Gross Margin data on file, last reported at 21.44% in Q1 2026.
- Quarterly Gross Margin rose 165.0% year-over-year to 21.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.26% (down 114.0% YoY) and the FY2025 annual result came in at 19.02%, down 173.0% from the prior year.
- Gross Margin grew to 21.44% in Q1 2026, from 20.91% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 43.9% in Q2 2022 to a low of 10.8% in Q2 2025.
- A 5-year average of 23.72% and a median of 21.65% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 1148 bps — and 2024, when it plunged 1335 bps.
- Tracing ECX's Gross Margin over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 51.45% |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 52.15% |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | 14.68% |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | 37.80% |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | 19.76% |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 32.89% |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 23.67% |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 18.16% |
| 10 | ECARX Holdings | 406.00 Mn | 335.90 Mn | 28.20 Mn | 21.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |