ECARX Holdings (ECX) Research & Development (2021 - 2026)
ECARX Holdings' (ECX) quarterly Research & Development came in at -$23.5 million in Q1 2026, up 31.88% YoY from -$17.8 million in Q1 2025, and up 19.24% on a QoQ basis from -$29.1 million in Q4 2025.
ECARX Holdings (ECX) Research & Development (2021 - 2026) Analysis & Trends
ECARX Holdings (ECX) has 6 years of Research & Development data on file, last reported at -$23.5 million in Q1 2026.
- Quarterly Research & Development rose 31.88% year-over-year to -$23.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$112.3 million (up 34.67% YoY) and the FY2025 annual result came in at $123.3 million, down 29.47% from the prior year.
- Research & Development climbed to -$23.5 million in Q1 2026, from -$29.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$23.5 million in Q1 2026 to a low of -$67.3 million in Q4 2022.
- A 5-year average of -$40.2 million and a median of -$37.3 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development sank 60.76% — and 2025, when it soared 45.82%.
- Tracing ECX's Research & Development over 5 years: stood at -$67.3 million in 2022, then increased by 0.89% to -$66.7 million in 2023, then gained by 28.34% to -$47.8 million in 2024, then surged by 39.12% to -$29.1 million in 2025, then gained by 19.24% to -$23.5 million in 2026.
- The last three Research & Development figures came in at -$23.5 million (Q1 2026), -$29.1 million (Q4 2025), and -$25.9 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | - |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | - |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | - |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | - |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 56.00 Mn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | - |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 122.00 Mn |
| 10 | ECARX Holdings | 406.00 Mn | 335.90 Mn | 28.20 Mn | -23.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.50 Mn |
| Dec 31, 2025 | -29.10 Mn |
| Sep 30, 2025 | -25.90 Mn |
| Jun 30, 2025 | -33.80 Mn |
| Mar 31, 2025 | -34.50 Mn |
| Dec 31, 2024 | -47.80 Mn |
| Sep 30, 2024 | -47.80 Mn |
| Jun 30, 2024 | -41.80 Mn |
| Mar 31, 2024 | -37.30 Mn |
| Dec 31, 2023 | -66.70 Mn |
| Sep 30, 2023 | -42.40 Mn |
| Jun 30, 2023 | -33.60 Mn |
| Mar 31, 2023 | -29.30 Mn |
| Dec 31, 2022 | -67.30 Mn |
| Sep 30, 2022 | -26.37 Mn |
| Jun 30, 2022 | -46.87 Mn |
| Mar 31, 2022 | -49.33 Mn |
| Dec 31, 2021 | -58.23 Mn |