ECARX Holdings (ECX) Operating Margin (2021 - 2026)
ECARX Holdings (ECX) reported Operating Margin of -15.03% for the quarter ended Sep 30, 2026, down 12.17 percentage points from -2.86% a year earlier and down 12.28 percentage points from the prior quarter.
ECARX Holdings (ECX) Operating Margin (2021 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, ECARX Holdings' Operating Margin came in at -5.35%, up 5.02 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -6.46%, up 9.47 percentage points from the prior year.
- Operating Margin has increased for three consecutive years, with a five-year change of +12.75 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Operating Margin came in at -15.93% in the year ended Dec 31, 2024 (+3.70 pp), -19.63% in the year ended Dec 31, 2023 (+21.59 pp), -41.22% in the year ended Dec 31, 2022 (-5.23 pp) and -35.99% in the year ended Dec 31, 2021 (-16.78 pp).
- The figure for the quarter ended Sep 30, 2026 ranks as the lowest quarterly Operating Margin since the quarter ended Jun 30, 2025.
- Year over year, Operating Margin gained in six of the last eight quarters, with an average year-over-year change of +7.23 percentage points.
- The high point for year-over-year Operating Margin in five years was the quarter ended Jun 30, 2023 (a gain of 33.55 percentage points); the low point was the quarter ended Dec 31, 2022 (a drop of 20.01 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Sep 30, 2026 came in at -2.75% (quarter ended Jun 30, 2026), -9.89% (quarter ended Mar 31, 2026) and 2.33% (quarter ended Dec 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aurora Innovation | 9.22 Bn | 4.47 Bn | -5.00 Mn | -8,566.67% |
| 2 | Mobileye Global | 4.80 Bn | -908.32 Mn | 261.00 Mn | -16.67% |
| 3 | Pony AI | 1.79 Bn | 1.54 Bn | - | - |
| 4 | NightFood Holdings | 1.52 Bn | 1.52 Bn | 1.61 Mn | -2,770.29% |
| 5 | WeRide | 1.34 Bn | -1.36 Bn | - | - |
| 6 | Serve Robotics | 275.15 Mn | -579.22 Mn | -7.56 Mn | -2,158.31% |
| 7 | ECARX Holdings | 259.41 Mn | -114.48 Mn | - | - |
| 8 | Kodiak AI | 251.84 Mn | -256.28 Mn | - | -1,248.27% |
| 9 | Securetech Innovations | 248.87 Mn | 248.87 Mn | - | - |
| 10 | Richtech Robotics | 206.87 Mn | -1.08 Bn | 802,000.00 | -966.28% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -15.03% |
| Jun 30, 2026 | -2.75% |
| Mar 31, 2026 | -9.89% |
| Dec 31, 2025 | 2.33% |
| Sep 30, 2025 | 1.50% |
| Jun 30, 2025 | -25.96% |
| Mar 31, 2025 | -14.73% |
| Dec 31, 2024 | -4.78% |
| Sep 30, 2024 | -21.49% |
| Jun 30, 2024 | -18.18% |
| Mar 31, 2024 | -27.47% |
| Dec 31, 2023 | -16.00% |
| Sep 30, 2023 | -22.16% |
| Jun 30, 2023 | -17.58% |
| Mar 31, 2023 | -21.51% |
| Dec 31, 2022 | -43.27% |
| Sep 30, 2022 | -31.45% |
| Jun 30, 2022 | -51.12% |
| Mar 31, 2022 | -47.31% |
| Dec 31, 2021 | -23.26% |
ECARX Holdings Operating 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=operating-margin&ticker=ECX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=ECX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();