Ecarx Holdings Inc. ( (ECX) ) has released its Q2 earnings. Here is a breakdown of the information Ecarx Holdings Inc. presented to its investors.
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ECARX Holdings Inc., a global automotive technology provider, specializes in delivering comprehensive solutions for next-generation smart vehicles, including systems on a chip, central computing platforms, and software. The company operates across multiple international locations and collaborates with major automotive brands.
In its second-quarter 2025 financial results, ECARX reported a revenue of $155.6 million, reflecting a 10% year-over-year decline. Despite seasonal challenges and contract timing issues, the company managed to reduce operating expenses by 20% to $57.2 million, maintaining its trajectory toward achieving EBITDA breakeven in the upcoming quarters.
Key highlights from the report include a 112% year-over-year increase in shipments of the Antora series solutions, driven by strong demand from the Geely portfolio. ECARX is expanding its global footprint with new partnerships, including a significant collaboration with a Chinese automaker and a premium global brand. The company also secured over $1 billion in lifetime revenue from international contracts and ventured into non-automotive markets with its lidar technology.
Despite a net loss of $45.4 million, ECARX continues to focus on operational discipline and global expansion. The company is enhancing its R&D capabilities and optimizing its supply chain, with a new global headquarters set to open in Singapore. These efforts aim to support the industry’s transition to software-defined intelligent vehicles.
Looking ahead, ECARX remains committed to driving growth through technological advancements and strategic partnerships. The management is optimistic about achieving close to 20% revenue growth for the year, supported by a robust pipeline of projects and an expanding global presence.