ECARX Holdings (ECX) Net Margin (2021 - 2026)
ECARX Holdings' Net Margin was -20.72% in the quarter ended Sep 30, 2026, down 16.68 percentage points from -4.05% a year earlier and down 13.35 percentage points from the prior quarter.
ECARX Holdings (ECX) Net Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, ECARX Holdings' Net Margin was -9.44% through Sep 30, 2026, up 1.47 percentage points year-over-year; for the year ended Dec 31, 2025, it was -9.09%, up 7.47 percentage points from the prior year.
- Net Margin has now increased for three consecutive years, with a five-year change of +15.05 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Net Margin was -16.55% in the year ended Dec 31, 2024 (+3.44 pp), -20.00% in the year ended Dec 31, 2023 (+33.27 pp), -53.27% in the year ended Dec 31, 2022 (-2.22 pp) and -51.05% in the year ended Dec 31, 2021 (-26.92 pp).
- The figure for the quarter ended Sep 30, 2026 marks the lowest quarterly Net Margin since the quarter ended Jun 30, 2025.
- Compared with a year earlier, Net Margin was higher in six of the last eight quarters, with an average year-over-year change of +7.22 percentage points.
- The best year-over-year quarter for Net Margin over five years was the quarter ended Jun 30, 2023 (a gain of 23.71 percentage points); the worst was the quarter ended Dec 31, 2022 (a drop of 17.70 percentage points).
- Per Business Quant data, ECX's Net Margin in the three quarters before the quarter ended Sep 30, 2026 was -7.37% (quarter ended Jun 30, 2026), -11.63% (quarter ended Mar 31, 2026) and -1.12% (quarter ended Dec 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aurora Innovation | 9.22 Bn | 4.47 Bn | -5.00 Mn | -7,800.00% |
| 2 | Mobileye Global | 4.80 Bn | -908.32 Mn | 261.00 Mn | -13.62% |
| 3 | Pony AI | 1.79 Bn | 1.54 Bn | - | - |
| 4 | NightFood Holdings | 1.52 Bn | 1.52 Bn | 1.61 Mn | -2,913.00% |
| 5 | WeRide | 1.34 Bn | -1.36 Bn | - | - |
| 6 | Serve Robotics | 275.15 Mn | -579.22 Mn | -7.56 Mn | -2,089.24% |
| 7 | ECARX Holdings | 259.41 Mn | -114.48 Mn | - | - |
| 8 | Kodiak AI | 251.84 Mn | -256.28 Mn | - | -1,076.74% |
| 9 | Securetech Innovations | 248.87 Mn | 248.87 Mn | - | - |
| 10 | Richtech Robotics | 206.87 Mn | -1.08 Bn | 802,000.00 | -726.95% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -20.72% |
| Jun 30, 2026 | -7.37% |
| Mar 31, 2026 | -11.63% |
| Dec 31, 2025 | -1.12% |
| Sep 30, 2025 | 0.32% |
| Jun 30, 2025 | -30.14% |
| Mar 31, 2025 | -16.34% |
| Dec 31, 2024 | -2.04% |
| Sep 30, 2024 | -27.50% |
| Jun 30, 2024 | -22.50% |
| Mar 31, 2024 | -32.68% |
| Dec 31, 2023 | -15.89% |
| Sep 30, 2023 | -24.59% |
| Jun 30, 2023 | -18.49% |
| Mar 31, 2023 | -25.74% |
| Dec 31, 2022 | -37.14% |
| Sep 30, 2022 | -34.83% |
| Jun 30, 2022 | -42.20% |
| Mar 31, 2022 | -42.84% |
| Dec 31, 2021 | -19.44% |
ECARX Holdings Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=ECX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "ECX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=ECX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();