ECARX Holdings (ECX) Research & Development (2021 - 2026)
ECARX Holdings' (ECX) quarterly Research & Development came in at -$29.1 million in Q2 2026, up 13.91% on a YoY basis from -$25.5 million in Q2 2025, and down 23.83% quarter-over-quarter from -$23.5 million in Q1 2026.
Analysis
ECARX Holdings (ECX) Research & Development (2021 - 2026) Analysis & Trends
ECARX Holdings (ECX) has reported Research & Development for 6 consecutive years, with -$29.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 13.91% year-over-year to -$29.1 million; the trailing twelve-month figure through Jun 2026 stood at -$107.6 million (up 34.35% YoY), and the FY2025 full-year result was -$123.3 million, up 29.47% from the prior year.
- Research & Development retreated to -$29.1 million in Q2 2026 per ECX's latest filing, from -$23.5 million in the prior quarter.
- Across five years, Research & Development topped out at -$23.5 million in Q1 2026 and bottomed at -$67.3 million in Q4 2022.
- Historically, Research & Development has averaged -$39.6 million across 5 years, with a median of -$35.9 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Research & Development slumped 60.76% in 2023, then jumped 45.82% in 2025.
- Over 5 years, Research & Development stood at -$67.3 million in 2022, then gained by 0.89% to -$66.7 million in 2023, then climbed by 28.34% to -$47.8 million in 2024, then jumped by 39.12% to -$29.1 million in 2025, then changed by 0.0% to -$29.1 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered -$29.1 million, -$23.5 million, and -$29.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Aurora Innovation | 12.90 Bn | 11.69 Bn | -5.00 Mn | 211.00 Mn |
| 2 | Mobileye Global | 6.65 Bn | 5.34 Bn | 235.00 Mn | 207.00 Mn |
| 3 | Pony AI | 2.58 Bn | 2.58 Bn | 6.35 Mn | -56.24 Mn |
| 4 | WeRide | 1.79 Bn | 1.13 Bn | 12.76 Mn | -63.79 Mn |
| 5 | Kodiak AI | 726.50 Mn | 575.44 Mn | - | 22.70 Mn |
| 6 | ECARX Holdings | 353.90 Mn | 151.00 Mn | 44.50 Mn | -29.10 Mn |
| 7 | Cyngn | 10.48 Mn | 10.48 Mn | 55,476.00 | 3.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -29.10 Mn |
| 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 |