ECARX Q3 net loss widens year over year to $48.6 million
ECX•ECARX’s third-quarter 2026 net loss widened to $48.6 million, while revenue rose 10% year over year to $240.8 million. Gross margin fell to 7%, and full-year revenue guidance remained $1 billion to $1.1 billion.
1. Quarterly results
ECARX’s third-quarter 2026 net loss widened year over year to $48.6 million, while revenue increased 10% to $240.8 million. Gross margin fell 14.9 percentage points to 7%, hurt by higher memory costs and lower service revenue.
2. Acquisition and outlook
ECARX completed its acquisition of the Flyme software business on September 30, paying $191.5 million during the quarter. The company maintained its full-year 2026 revenue guidance of $1 billion to $1.1 billion and expects memory costs to weigh on profitability over the next few quarters.
