ECARX Holdings (ECXWW) Operating Expenses (2021 - 2026)

ECARX Holdings (ECXWW) reported Operating Expenses of -$41.2 million for Q1 2026, up 28.84% on a YoY basis from -$32.0 million in Q1 2025, and up 27.21% quarter-over-quarter from -$56.6 million in Q4 2025.

ECARX Holdings (ECXWW) Operating Expenses (2021 - 2026) Analysis & Trends

ECARX Holdings has reported Operating Expenses for 6 years, with the latest figure at -$41.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 28.84% year-over-year to -$41.2 million; the trailing twelve-month figure through Mar 2026 stood at -$199.3 million (up 27.97% YoY), and the FY2025 full-year result was $216.0 million, down 23.66% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$41.2 million, up from -$56.6 million in the prior quarter.
  • The five-year high for Operating Expenses was -$41.2 million in Q1 2026, with the low at -$157.8 million in Q4 2022.
  • Historically, Operating Expenses has averaged -$71.5 million across 5 years, with a median of -$64.2 million in 2023.
  • Annual changes were most pronounced in 2022 — Operating Expenses plunged 75.7% — and 2025, when it surged 42.32%.
  • ECARX Holdings' Operating Expenses 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 O Reilly Automotive 75.10 Bn 74.85 Bn 2.35 Bn 1.51 Bn
2 Autozone 51.89 Bn 51.61 Bn 2.24 Bn 330.65 Mn
3 Borgwarner 15.04 Bn 15.20 Bn 677.00 Mn 346.00 Mn
4 Modine Manufacturing 14.67 Bn 14.58 Bn 186.10 Mn 93.00 Mn
5 Aptiv 14.58 Bn 11.51 Bn 920.00 Mn 4.71 Bn
6 Genuine Parts 13.66 Bn 13.18 Bn 2.34 Bn 2.05 Bn
7 Aurora Innovation 11.95 Bn 10.73 Bn -5.00 Mn 239.00 Mn
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 960.00 Mn
9 Allison Transmission Holdings 9.76 Bn 9.45 Bn 406.00 Mn 211.00 Mn
10 ECARX Holdings - - 28.20 Mn -41.20 Mn

Historic Data

Download Data
DateValue
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