ECARX (NASDAQ:ECX) executives said the company maintained profitability momentum in the first quarter of 2026 despite seasonality, delayed vehicle launches and higher memory component costs, while reiterating its full-year revenue outlook of $1 billion to $1.1 billion.
Founder and Chief Executive Officer Ziyu Shen said the quarter was marked by “continued disciplined execution” and progress on the company’s global strategy. He said ECARX is focused on building high-performance computing platforms for software-defined vehicles and pursuing higher-value software and “physical AI” opportunities across the automotive industry.