财报显示，亿咖通第三季度总收入达2.199亿美元，同比增长11%，环比增长41%。其中，汽车计算平台 销售收入1.817亿美元，同比增长11%；毛利润4,760万美元，同比提升39%，毛利率维持在22%。 其中，安托拉系列平台成为盈利增长的核心驱动，单季度出货量达19.6万套，创历史新高；公司整体产 品出货量约66.7万台，同比增长51%。截至第三季度末，亿咖通全球技术产品累计搭载量接近1,000万辆 。 来源：经济观察网 经济观察网 2025年第三季度，亿咖通科技（ECARX）实现经营性全面盈利，调整后EBITDA为830万美 元，净利润达90万美元。这标志着公司首次步入稳定盈利阶段，成为智能座舱与车载计算领域少数实现 正向盈利的企业之一 。 ...

Core Insights - ECARX has achieved significant profitability in Q3 2025, outperforming industry peers who have yet to become profitable [1][2] - The company reported total revenue of $219.9 million, an 11% year-over-year increase and a 41% quarter-over-quarter increase, with a net profit of $0.9 million and an EBITDA of $8.3 million [1] Group 1: Profitability Breakthrough - The core reason for ECARX's profitability breakthrough is attributed to global orders, scaled production, and optimized revenue structure, which together create a sustainable growth cycle [3] - Global orders have been a major driver, with a new $400 million order from a leading European automaker, bringing total global order reserves to over $2.5 billion [3] - The company achieved a total shipment of 667,000 units in the quarter, a 51% year-over-year increase, with the Antora series reaching a record shipment of 196,000 units [4] Group 2: Cost Efficiency and Revenue Diversification - The scale of production has led to cost dilution, with fixed costs being spread over a larger number of products, significantly reducing unit R&D amortization costs [4] - The revenue structure has diversified, with total sales revenue reaching $181.7 million, and service revenue growing by 68% year-over-year to $37.3 million, highlighting the strength of hardware products and service offerings [5] Group 3: Strategic Partnerships and Market Position - ECARX's global strategy has established a flexible technology product matrix, effectively expanding its diverse customer base [6] - The company has partnered with major automotive brands, with models like Volvo XC70 and Lynk & Co achieving strong sales, validating the alignment of technology and market needs [6] - The ongoing collaboration with leading automakers is expected to provide a stable revenue growth outlook, supported by a robust order backlog [7]