ECARX Holdings (ECX) Operating Expenses (2021 - 2026)
ECARX Holdings' (ECX) quarterly Operating Expenses came in at -$41.2 million in Q1 2026, up 28.84% YoY from -$32.0 million in Q1 2025, and up 27.21% on a QoQ basis from -$56.6 million in Q4 2025.
ECARX Holdings (ECX) Operating Expenses (2021 - 2026) Analysis & Trends
ECARX Holdings (ECX) has 6 years of Operating Expenses data on file, last reported at -$41.2 million in Q1 2026.
- Quarterly Operating Expenses rose 28.84% year-over-year to -$41.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$199.3 million (up 27.97% YoY) and the FY2025 annual result came in at $216.0 million, down 23.66% from the prior year.
- Operating Expenses advanced to -$41.2 million in Q1 2026, from -$56.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$41.2 million in Q1 2026 to a low of -$157.8 million in Q4 2022.
- A 5-year average of -$71.5 million and a median of -$64.2 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses plunged 75.7% — and 2025, when it surged 42.32%.
- Tracing ECX's Operating Expenses over 5 years: stood at -$157.8 million in 2022, then jumped by 34.92% to -$102.7 million in 2023, then jumped by 31.55% to -$70.3 million in 2024, then rose by 19.49% to -$56.6 million in 2025, then grew by 27.21% to -$41.2 million in 2026.
- The last three Operating Expenses figures came in at -$41.2 million (Q1 2026), -$56.6 million (Q4 2025), and -$44.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 1.53 Bn |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | 980.00 Mn |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | 2.13 Bn |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | 352.00 Mn |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 224.00 Mn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 2.91 Bn |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 260.00 Mn |
| 10 | ECARX Holdings | 406.00 Mn | 335.90 Mn | 28.20 Mn | -41.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -41.20 Mn |
| Dec 31, 2025 | -56.60 Mn |
| Sep 30, 2025 | -44.30 Mn |
| Jun 30, 2025 | -57.20 Mn |
| Mar 31, 2025 | -57.90 Mn |
| Dec 31, 2024 | -70.30 Mn |
| Sep 30, 2024 | -76.80 Mn |
| Jun 30, 2024 | -71.70 Mn |
| Mar 31, 2024 | -63.70 Mn |
| Dec 31, 2023 | -102.70 Mn |
| Sep 30, 2023 | -78.10 Mn |
| Jun 30, 2023 | -64.20 Mn |
| Mar 31, 2023 | -54.60 Mn |
| Dec 31, 2022 | -157.80 Mn |
| Sep 30, 2022 | -53.23 Mn |
| Jun 30, 2022 | -94.79 Mn |
| Mar 31, 2022 | -70.78 Mn |
| Dec 31, 2021 | -89.81 Mn |