ECARX Holdings (ECXWW) Gross Margin (2021 - 2026)
ECARX Holdings (ECXWW) reported Gross Margin of 21.44% for Q1 2026, up 165.0% on a YoY basis from 8.09% in Q1 2025, and up 2.58% quarter-over-quarter from 20.91% in Q4 2025.
ECARX Holdings (ECXWW) Gross Margin (2021 - 2026) Analysis & Trends
ECARX Holdings has reported Gross Margin for 6 years, with the latest figure at 21.44% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 165.0% year-over-year to 21.44%; the trailing twelve-month figure through Mar 2026 stood at 19.26% (down 114.0% YoY), and the FY2025 full-year result was 19.02%, down 173.0% from the prior year.
- Gross Margin for Q1 2026 stood at 21.44%, up from 20.91% in the prior quarter.
- The five-year high for Gross Margin was 43.9% in Q2 2022, with the low at 10.8% in Q2 2025.
- Historically, Gross Margin has averaged 23.72% across 5 years, with a median of 21.65% in 2025.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 1148 bps — and 2024, when it plunged 1335 bps.
- ECARX Holdings' Gross Margin stood at 28.0% in 2022, then declined by 18 bps to 23.03% in 2023, then decreased by 8 bps to 21.28% in 2024, then decreased by 2 bps to 20.91% in 2025, then grew by 3 bps to 21.44% in 2026.
- The last three Gross Margin figures came in at 21.44% (Q1 2026), 20.91% (Q4 2025), and 21.65% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 75.10 Bn | 74.85 Bn | 2.35 Bn | 51.47% |
| 2 | Autozone | 51.89 Bn | 51.61 Bn | 2.24 Bn | 52.49% |
| 3 | Borgwarner | 15.04 Bn | 15.20 Bn | 677.00 Mn | 19.16% |
| 4 | Modine Manufacturing | 14.67 Bn | 14.58 Bn | 186.10 Mn | 23.12% |
| 5 | Aptiv | 14.58 Bn | 11.51 Bn | 920.00 Mn | 18.09% |
| 6 | Genuine Parts | 13.66 Bn | 13.18 Bn | 2.34 Bn | 37.33% |
| 7 | Aurora Innovation | 11.95 Bn | 10.73 Bn | -5.00 Mn | -500.00% |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 13.71% |
| 9 | Allison Transmission Holdings | 9.76 Bn | 9.45 Bn | 406.00 Mn | 28.88% |
| 10 | ECARX Holdings | - | - | 28.20 Mn | 21.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.44% |
| Dec 31, 2025 | 20.91% |
| Sep 30, 2025 | 21.65% |
| Jun 30, 2025 | 10.80% |
| Mar 31, 2025 | 19.80% |
| Dec 31, 2024 | 21.28% |
| Sep 30, 2024 | 17.26% |
| Jun 30, 2024 | 23.20% |
| Mar 31, 2024 | 22.10% |
| Dec 31, 2023 | 23.03% |
| Sep 30, 2023 | 30.61% |
| Jun 30, 2023 | 31.28% |
| Mar 31, 2023 | 27.63% |
| Dec 31, 2022 | 28.00% |
| Sep 30, 2022 | 19.13% |
| Jun 30, 2022 | 43.90% |
| Mar 31, 2022 | 21.18% |
| Dec 31, 2021 | 30.91% |