ECARX Holdings Inc (ECX.US) reported its Q3 2025 financial results, showcasing significant breakthroughs across core financial metrics. The company achieved substantial growth in quarterly sales, gross profit, EBITDA, and net income, marking full profitability. Prior to the earnings release, ECARX secured up to $150 million in investments from institutional investors, solidifying its position as a rare profitable player in automotive intelligent technology.
Financial data reveals that ECARX generated total revenue of $219.9 million in Q3, up 11% year-over-year and 41% quarter-over-quarter. Gross profit surged 39% YoY to $47.6 million, with gross margin expanding to 22%. The company also reported a net profit of $0.9 million and adjusted EBITDA of $8.3 million.
For global automakers seeking long-term ecosystem partners, stability and profitability are critical factors. ECARX stands out as one of the few automotive tech firms achieving operational profitability—a milestone driven by three years of global expansion, optimized supply chains, and improved gross margins through technological advancements.
The Antora series computing platform, powered by SiEngine's "Dragon Eagle-1" chip, laid the foundation for ECARX's sustained profitability, with Q3 shipments hitting a record 196,000 units. Combining GAS certification capabilities, the platform has attracted multiple global automakers, while its vertically integrated model strengthens long-term competitiveness.
Additionally, ECARX's Pike® computing platform, based on Qualcomm's Snapdragon 8295 SoC, entered mass production, paving the way for future global shipments of Qualcomm-based platforms. In Q3, ECARX shipped approximately 667,000 tech products, up 51% YoY and 26% QoQ, with nearly 10 million vehicles worldwide now equipped with its solutions.
Globally, ECARX deepened partnerships with leading automakers, securing a second project with a major European OEM and $400 million in new orders. Its total order backlog now exceeds $2.5 billion, underscoring strong international growth momentum.
While most Chinese automotive tech firms remain loss-making and pivot to global markets, ECARX's Q3 results demonstrate its successful global foothold and transition to stable profitability. With long-term OEM partnerships and a flexible full-stack tech ecosystem, ECARX is leveraging profitability to fuel sustainable growth.
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