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Revenue by Segment
Shows sales broken out by business line and customer group, indicating where growth is coming from—new OEM partnerships, China versus international markets, or after-sales services. For ECARX, heavy reliance on a few automaker customers or on hardware sales can mean higher revenue volatility, while diversified, software-driven revenue suggests stronger long-term growth potential.Goods are clearly the growth engine—recent quarters show outsized, recurring Q4 strength tied to in‑house platform shipments, aligning with management’s claim that advanced platforms now drive the bulk of goods revenue. Services and software remain small and highly lumpy—software spikes look timing‑driven rather than steady monetization. Management’s bold 2026 revenue and international expansion targets create upside if software/service conversion accelerates, but near‑term Q1 seasonality and memory/supply cost pressure pose margin risk; watch recurring software bookings and gross‑margin guidance for quality of growth.
Date | Service | Goods | Software License |
|---|---|---|---|
Jun 30, 2026 | ¥28.10M | ¥196.40M | ¥700.00K |
Mar 31, 2026 | ¥16.10M | ¥113.80M | ¥1.60M |
Dec 31, 2025 | ¥45.50M | ¥211.70M | ¥12.60M |
Sep 30, 2025 | ¥37.30M | ¥181.70M | ¥900.00K |
Jun 30, 2025 | ¥23.20M | ¥131.20M | ¥1.20M |
Mar 31, 2025 | ¥21.60M | ¥121.20M | ¥25.70M |
Dec 31, 2024 | ¥44.60M | ¥208.90M | ¥12.40M |
Sep 30, 2024 | ¥23.00M | ¥168.10M | ¥12.00M |
Jun 30, 2024 | ¥35.40M | ¥129.80M | ¥7.80M |
Mar 31, 2024 | ¥13.20M | ¥104.90M | ¥10.40M |