ECARX Holdings Inc. announced unaudited financial results for Q3, 2025, with $8.3 million in Adjusted EBITDA and $0.9 million in net profit, achieving EBITDA breakeven and profitability. Revenue grew by 11% YoY to $219.9 million, with total shipments of approximately 667,000 units. The company has partnerships with leading automakers and secured a $400 million project with a European automaker.

The company’s innovative products, like the Antora series and Pikes® computing platform, are driving growth, with approximately 10 million vehicles globally equipped with ECARX technology. Recent wins include projects with top Chinese and European automakers. ECARX also entered into a $150 million convertible notes agreement to fund international expansion and product innovation.

ECARX’s financials for Q3, 2025 showed total revenue of $219.9 million, up 11% YoY. Gross profit was $47.6 million, with a gross margin of 22%. Net profit was $0.9 million, compared to a loss of $47.2 million in the same period last year. Adjusted EBITDA was $8.3 million, a significant improvement from a loss of $31.9 million in the previous year.

The company is focused on global expansion and technological advancements, with recent launches like the XC70 Hybrid SUV and ongoing development of intelligent cockpit solutions. ECARX’s innovative products, like the Pikes® computing platform and Cloudpeak® software stack, are setting industry benchmarks. The company also received Automotive SPICE v4.0 Capability Level 3 certification for the Antora® 1000 Pro.

ECARX will host a webcast of its earnings conference call on November 3, 2025, at 8:00 a.m. EST. The company’s forward-looking statements highlight its commitment to growth and innovation in the automotive technology sector. Adjusted EBITDA is a key financial metric used by the company to evaluate its performance and drive strategic decision-making.

Read more at GlobeNewswire: ECARX Announces Third Quarter 2025 Unaudited Financial