ECARX Holdings Inc (NASDAQ: ECX) saw its stock surge 5.16% in pre-market trading on Monday, following the release of its impressive third-quarter 2025 financial results. The automotive technology provider reported its first-ever quarterly profit, marking a significant turnaround in its financial performance.

According to the unaudited financial results, ECARX posted a net profit of $0.9 million for Q3 2025, a substantial improvement from the $47.2 million net loss recorded in the same period last year. The company's revenue grew by 11% year-over-year to $219.9 million, driven by higher shipment volumes of its automotive computing platforms and SoC core modules. Gross margin expanded to 22%, up from 17% in the previous year, reflecting improved operational efficiency and product mix.

ECARX's Chairman and CEO, Ziyu Shen, highlighted the company's strategic progress, including global expansion and enhanced supply chain efficiency. The company secured new projects with major automakers, including a second project with a leading European automaker worth $400 million in lifetime revenue. ECARX also entered into an agreement to issue up to $150 million in convertible notes, providing additional capital to fuel international expansion and drive product innovation.

The market's positive reaction to ECARX's financial results and growth prospects underscores investor confidence in the company's strategy and execution. As ECARX continues to strengthen its position in the automotive intelligent technology sector, it appears well-positioned to capitalize on the increasing demand for advanced mobility solutions.