Financial Performance - Q2 2025 revenue was $155.6 million, a decrease of 10% year-over-year[17] - Q2 2025 gross profit was $16.8 million, with a gross margin of 11%[18] - Q2 2025 operating expenses decreased by 20% to $57.2 million[18] - The net loss for Q2 2025 was $45.4 million[92] - Adjusted EBITDA for Q2 2025 was $(29.7) million[97] Products and Operations - Antora®shipment increased 112%[17] - The company serves 18 OEMs across 28 vehicle brands as of June 30, 2025[18] - Product in Vehicles 9.3mn+[17] Reporting Change - The company changed its reporting currency from Chinese Renminbi ("RMB") to U.S Dollars ("USD")[7]

Financial Highlights - Q1 2025 revenue reached $168.5 million, a 30% year-over-year increase[13] - Q1 2025 gross profit was $33.5 million, resulting in a gross margin of 20%[15] - Adjusted EBITDA for Q1 2025 was a loss of $14.4 million[98] - Net loss for Q1 2025 was $27 million[98] Operational Overview - ECARX serves 18 OEMs across 28 vehicle brands as of March 31, 2025[15] - ECARX has a major presence across three continents, including R&D centers and operation centers[18, 19, 20, 21] - ECARX's Cloudpeak software solution offers a flexible and open SOA architecture for customizable cross-domain software development[34] Product Launches - FAW Hongqi has established a pioneering position in the industry empowered by ECARX's comprehensive software & hardware ecosystem[54] - ECARX Skyland Pro ADAS Solution is now integrated into Geely's G-Pilot system, launched with Galaxy E8 and Xingyao 8 EM[65]

Financial Highlights - Q4 2024 revenue reached RMB 19407 million, a 4% year-over-year increase[13, 51] - FY24 revenue totaled RMB 56 billion, up 18% year-over-year[13] - Q4 2024 gross profit was RMB 411 million, with a gross margin of 21%[13, 53] - FY24 gross profit amounted to RMB 1154 million, with a gross margin of 21%[13] - Q4 2024 adjusted EBITDA was RMB 744 million, resulting in an adjusted EBITDA margin of 4%[55, 70] - Q4 2024 net loss was RMB 395 million, representing a net margin of -2%[57, 67] - FY24 net loss was RMB 9899 million[67] Operational Metrics - ECARX products are integrated into over 81 million vehicles as of December 31, 2024[13] - The company serves 18 OEMs across 28 vehicle brands as of December 31, 2024[13] - Geely Geome E02 achieved cumulative shipments of over 21 million as of December 31, 2024[38] Product and Technology - ECARX has a major presence across three continents with R&D centers and operation centers[17, 18, 21, 22] - ECARX Cloudpeak software solution offers customizable cross-domain software development solutions[27] - ECARX is developing AI solutions including AI Voice, AI Scene Engine, and ADAS Copilot[31]