ECARDX publishes Q3 2026 earnings call transcript
ECX•ECARX reaffirmed 2026 revenue guidance of $1 billion–$1.1 billion. Third-quarter revenue rose 10% year over year to $241 million, while adjusted EBITDA loss widened to $37.7 million and gross margin fell to 7%.
1. Q3 results and outlook
ECARX reaffirmed its 2026 revenue guidance of $1 billion–$1.1 billion at its November 4 earnings call. Third-quarter revenue rose 10% year over year to $241 million, while its adjusted EBITDA loss widened to $37.7 million. Gross margin fell to 7% from 22% as rising memory costs outpaced customer price increases; management said it could not forecast fourth-quarter margins.
2. Cash balance falls
Cash declined to $53.7 million from $165.5 million, reflecting the Flyme acquisition payment and operating cash outflows.
