ECARX Q2 FY26 net loss narrows to US$12 million; revenue rises 45% to US$225.2 million
Reuters2026/08/11 11:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- ECARX posted Q2 revenue of US$225.2 million, up 45% year over year; net loss narrowed to US$12 million from US$45.4 million.
- Gross margin expanded 9 percentage points to 19.8% as gross profit more than doubled to US$44.5 million.
- Adjusted EBITDA (non-GAAP) turned positive to a US$0.5 million gain; R&D expense fell 14% to US$29.1 million.
- Shipped more than 550,000 units; high-end Antora and Pikes solutions rose to 42% of shipments from 20% a year earlier.
- Reiterated full-year 2026 revenue guidance of US$1 billion-US$1.1 billion; expects memory costs to pressure margins in coming quarters.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ECARDX Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN23650) on August 11, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Turbon sets release of H1/Q2 group financial report
Reuters•2026/09/11 09:18
Market Chatter: Blackstone Plans Higher Spending on Google TPUs Than Initially Envisaged
MT newswire•2026/09/11 09:17
Fabasoft voting rights disclosure shows company holds 5.01% of own shares
Reuters•2026/09/11 09:15
Crypto prices
MoreBitcoin
BTC
$77,248.91
-1.16%
Ethereum
ETH
$2,473.19
-0.09%
Tether USDt
USDT
$0.9995
-0.00%
BNB
BNB
$713.15
-0.70%
XRP
XRP
$1.35
-2.36%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$99.68
-1.53%
TRON
TRX
$0.3386
-0.44%
Hyperliquid
HYPE
$80
-3.92%
Zcash
ZEC
$1,108.54
-9.28%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now