Group 1 - Gold and silver prices experienced significant declines, with spot gold dropping over 3% and spot silver's intraday decline reaching 11% [1][3] - Major U.S. tech stocks saw widespread declines, with Apple down 5%, Broadcom down over 3%, and Amazon, Meta, and Tesla down over 2%. Nvidia fell over 1%, while Google's A shares saw a slight decrease [3] - Concerns have arisen among investors regarding the impact of newly launched AI tools on various sectors, including software companies, publishers, and financial services, as these tools may replicate business models or erode profit margins [3] Group 2 - As of the latest update, gold prices rebounded, with spot gold reported at $4,979.69 per ounce and spot silver at $76.65 per ounce [4] - The London gold price showed fluctuations, with a recent buy price of $4,912.80 and a sell price of $4,980.36, indicating a 1.25% change [5]

Cirino added that the company serves 18 OEMs across 28 brands worldwide. Management repeatedly characterized execution on complex global programs as an increasing competitive advantage as ECARX expands beyond its historical footprint.COO Peter Cirino said ECARX shipped approximately 910,000 units in the fourth quarter as the company “intentionally” increased volumes to meet demand. Cirino said the cumulative number of vehicles equipped with ECARX technologies reached approximately 11 million units as of yea ...

ECARX (NasdaqGM:ECX) Q4 2025 Earnings call February 12, 2026 08:00 AM ET Company ParticipantsGillian Tiltman - SVP and Head of Investor RelationsPeter Cirino - COOPhil Zhou - CFOZiyu Shen - Chairman and CEOConference Call ParticipantsWei Huang - Managing Director and Senior AnalystOperatorGood day, and thank you for standing by. Welcome to the ECARX Q4 and full year 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a ques ...

Financial Data and Key Metrics Changes - The company reported a net income of $2.8 million, Adjusted EBITDA of $22 million, and operating income of $7 million, with revenue reaching a historical high of $305 million, up 13% year-over-year [5][21] - Gross profit increased to $64 million, reflecting an 11% year-over-year growth, with a gross margin of 21% [5][23] - Full-year revenue for 2025 reached $848 million, a 10% increase over 2024, with sales of goods revenue at $270 million, a 27% year-over-year increase [22] Business Line Data and Key Metrics Changes - Shipments of the Antora series reached the 1-million-unit milestone in 2025, contributing significantly to the company's revenue growth [6][7] - The advanced platforms, including Antora, Venado, and Pikes series, accounted for 74% of total sales of goods revenue, with a 62% year-over-year increase in shipments during the quarter [22] Market Data and Key Metrics Changes - The company shipped approximately 910,000 units in Q4, bringing the cumulative total to approximately 11 million units, a 36% increase from the previous year [12][16] - The partnership with Volkswagen Group in Latin America is a key milestone, showcasing the scalability of the Antora platform across diverse markets [8][37] Company Strategy and Development Direction - The company aims to drive globalization and develop broader strategic partnerships, targeting to increase international revenue share significantly by the end of the decade [9][10] - Investment in R&D for next-generation computing platforms and intelligent driving solutions is a priority, with a focus on transitioning to intelligence-centric automotive experiences [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining strong and profitable momentum into 2026, despite macroeconomic challenges [5][11] - The company anticipates total revenue for 2026 to be in the range of $1 billion to $1.1 billion, representing a year-over-year increase of 20% to 30% [25] Other Important Information - The company raised nearly $200 million from partners, including Geely and ATW Partners, to support global expansion and R&D initiatives [10][24] - The operationalization of the Singapore headquarters is underway, which will serve as a central hub for global IP, R&D, and treasury activities [18] Q&A Session Summary Question: Can you provide more color on your ASP and margin outlook for 2026? - Management expects total revenue in the range of $1 billion to $1.1 billion for 2026, with a potential 20% to 30% year-over-year increase, despite macroeconomic challenges [31] Question: Can you comment on the impact of rising memory costs on margins for the year? - Management indicated that they will maintain or improve hardware gross margins through strong cost optimization strategies, with a gross margin outlook for 2026 in the range of 15% to 18% [33][34] Question: Can you provide an update on your latest progress with foreign OEM order wins? - The company has made significant progress with Volkswagen Group, extending partnerships and securing additional wins in Latin America, which are expected to contribute to future revenue [37][38]

Financial Data and Key Metrics Changes - The company reported a net income of $2.8 million, adjusted EBITDA of $22 million, and operating income of $7 million, marking a historical high revenue of $305 million, up 13% year-over-year [5][19] - Gross profit increased to $64 million, reflecting an 11% year-over-year growth, with a gross margin of 21% [5][21] - Full year revenue reached $848 million, a 10% increase over 2024, with sales of goods revenue at $270 million, a 27% year-over-year increase [20] Business Line Data and Key Metrics Changes - Shipments of the Antora series reached 1 million units in 2025, contributing significantly to the revenue growth [6] - The advanced platforms, including Antora, Makalu, and Pikes series, accounted for 74% of total sales of goods revenue, demonstrating technological differentiation [20] Market Data and Key Metrics Changes - The cumulative total number of vehicles equipped with ECARX technologies reached approximately 11 million units, up 36% from last year [12] - The company serves 18 OEMs across 28 brands worldwide, indicating a strong global presence [12] Company Strategy and Development Direction - The company aims to drive globalization and develop broader global strategic partnerships, targeting to increase international revenue share significantly by the end of the decade [9] - Investment in R&D for next-generation computing platforms and intelligent driving solutions is a priority, focusing on high-performance AI computing power [10] - The company raised nearly $200 million to support R&D and infrastructure build-out in key growth markets [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining strong and profitable momentum into 2026 despite macroeconomic challenges [5][19] - The company anticipates total revenue for 2026 to be in the range of $1 billion to $1.1 billion, representing a year-over-year increase of 20%-30% [23] - Management acknowledged potential challenges in Q1 due to seasonal fluctuations and cost inflation but remains optimistic about achieving full-year targets [29][24] Other Important Information - The company is operationalizing its Singapore headquarters to enhance global IP, R&D, and treasury activities [17] - Key safety and privacy certifications for the European market have been obtained, facilitating deployments across Europe [15] Q&A Session Summary Question: Can you provide more color on your ASP and margin outlook for 2026? - Management expects total revenue in the range of $1 billion-$1.1 billion for 2026, with a year-over-year increase of 20%-30% despite macroeconomic challenges [28] Question: Can you comment on the impact of rising memory costs on margins for the year? - Management indicated that they will maintain or improve hardware gross margins through strong cost optimization strategies, with a gross margin outlook for 2026 in the range of 15%-18% [31] Question: Can you provide an update on your latest progress with foreign OEM order wins? - The company has extended its partnership with Volkswagen Group and is optimistic about additional wins in the European market, contributing to future revenue [36]

Fourth Quarter 2025 Financial Results February 12, 2026 Disclaimers Forward-Looking Statements This presentation contains statements that are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's beliefs and expectations as well as on assumptions made by and data currently available to management, appear in a number of places throughout this document and include statements regarding, amongst other things, result ...

Core Insights - ECARX Holdings Inc. reported a historic revenue high of US$304.7 million for Q4 2025, marking a 13% year-over-year increase, and achieved positive net income for the second consecutive quarter [1][2] - The company’s total revenue for the full year 2025 reached US$847.9 million, reflecting a 10% increase from US$771.5 million in 2024, demonstrating resilience amid macroeconomic challenges [1][3] - ECARX is focused on sustainable growth and expanding its global footprint, particularly through partnerships, such as with Volkswagen Group for digital cockpit solutions in Latin America [1][2] Financial Performance - Q4 2025 total revenue was US$304.7 million, with service revenue at US$33.2 million (down 27% YoY), software license revenue at US$2.0 million (down 84% YoY), and sales of goods revenue at US$269.5 million (up 27% YoY) [1][3] - For the full year 2025, service revenue was US$115.1 million (down 2% YoY), software license revenue was US$29.7 million (down 30% YoY), and sales of goods revenue was US$703.1 million (up 15% YoY) [1][3] Business Development Highlights - The company is actively pursuing regulatory approvals in the US to engage with local automakers, aiming to expand its addressable market [1][2] - ECARX has deepened its partnership with Volkswagen Group, securing a second agreement for digital cockpit solutions for multiple models in Latin America [1][2] - As of December 31, 2025, approximately 11 million vehicles on the road are equipped with ECARX technologies [1][2] Technological Advancements - The adoption of the Cloudpeak® software stack is enhancing the company's leadership in AI-powered cockpit solutions, integrating AI agents and generative UIs for an improved in-vehicle experience [2] - The global launch of Geely's flagship Galaxy M9 features the Pikes® computing platform and Cloudpeak® software stack, showcasing the company's technological capabilities [2]

ECARX Announces Completion of the Final Tranche of US$100 million Convertible Notes [Accessibility Statement] Skip NavigationLONDON, Feb. 10, 2026 /PRNewswire/ -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX" or the "Company"), a global mobility tech provider, today announced that the aggregate US$100 million in convertible notes (the "2025 Notes") contemplated by the convertible note purchase agreement entered into on November 3, 2025 (the "2025 Note Purchase Agreement"), as previously announced, have been fu ...

ECARX Holdings Inc. (NASDAQ:ECX) is one of the best stocks under $3 to invest in. On January 12, Chinese car maker Geely Investment Holding Ltd. agreed to invest $45.6 million into ECARX Holdings Inc. (NASDAQ:ECX), through the purchase of 27,297,002 newly issued Class A ordinary shares of ECARX at $1.67 per share. The transaction is expected to close soon, subject to customary conditions, and the purchased shares will be subject to a six-month lock-up period. ECARX Holdings (ECX) Received $45.6M Investmen ...

Core Insights - ECARX Holdings Inc. has introduced the Zenith computing platform, which integrates advanced software-defined vehicle architectures and supports Android 16 and Google Automotive Services [1][4] - The platform is powered by Qualcomm's Snapdragon Elite (SA8797) and showcases capabilities for running mixed-criticality intelligent cockpit and ADAS functionalities on a single SoC [3][6] Group 1: Product Features - Zenith features a high-performance intelligent cockpit and ADAS architecture, including a 5K ultra-high-resolution display and a safety-critical 3D instrument cluster built on QNX 8.0 [4] - The modular design of Zenith allows automakers to scale performance and supports additional hardware modules for Level 3+ autonomy and advanced telematics [5] Group 2: Development and Production - ECARX plans to begin production of the Zenith platform in 2027, aiming to develop a comprehensive portfolio of single-chip and dual-chip integrated solutions [6] - The platform reflects the latest advancements in ECARX's R&D roadmap, enabling seamless customization for global automakers [2] Group 3: Company Overview - Founded in 2017 and listed on Nasdaq in 2022, ECARX employs over 1,500 people across 13 locations worldwide and has its products in approximately 10 million vehicles [10] - The company focuses on delivering full-stack solutions for next-generation smart vehicles, enhancing user experience while reducing complexity and cost [9]