EHang Holdings (EH) Cost of Revenue (2018 - 2025)
EHang Holdings (EH) recorded quarterly Cost of Revenue of $5.5 million in Q4 2025, up 28.15% quarter-over-quarter from $4.3 million in Q3 2025, and up 10.32% on a YoY basis from $5.0 million in Q4 2024.
EHang Holdings (EH) Cost of Revenue (2018 - 2025) Analysis & Trends
EHang Holdings' Cost of Revenue history runs 8 years deep, the most recent figure standing at $5.5 million for Q4 2025.
- In Q4 2025, Cost of Revenue rose 10.32% year-over-year to $5.5 million; the TTM figure through Dec 2025 stood at $17.2 million (down 5.96% YoY), while the FY2025 annual figure was $23.0 million, down 4.73% from the prior year.
- Cost of Revenue was $5.5 million for Q4 2025 at EHang Holdings, up from $4.3 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $6.7 million in Q3 2024 to a low of $1.4 million in Q1 2021.
- Historically, Cost of Revenue has averaged $2.9 million across 5 years, with a median of $2.0 million in 2021.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue soared 259.31% in 2024, then slumped 39.84% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $1.9 million in 2021, then increased by 17.02% to $2.2 million in 2022, then rose by 29.76% to $2.9 million in 2023, then surged by 70.04% to $5.0 million in 2024, then climbed by 10.32% to $5.5 million in 2025.
- The last three Cost of Revenue figures came in at $5.5 million (Q4 2025), $4.3 million (Q3 2025), and $5.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,262.62 Bn | 5,262.62 Bn | 456,459.43 | 1.09 Mn |
| 2 | General Electric | 333.92 Bn | 323.18 Bn | 9.11 Bn | 3.28 Bn |
| 3 | Rtx | 239.66 Bn | 234.56 Bn | 9.08 Bn | 13.00 Bn |
| 4 | Boeing | 164.98 Bn | 144.08 Bn | 2.55 Bn | 19.67 Bn |
| 5 | Lockheed Martin | 120.74 Bn | 118.84 Bn | 2.08 Bn | 15.94 Bn |
| 6 | Howmet Aerospace | 100.20 Bn | 97.76 Bn | 854.00 Mn | 1.46 Bn |
| 7 | General Dynamics | 92.28 Bn | 88.63 Bn | 9.09 Bn | 4.40 Bn |
| 8 | Embraer | 83.46 Bn | 80.83 Bn | - | - |
| 9 | Northrop Grumman | 76.98 Bn | 74.89 Bn | 3.45 Bn | 6.43 Bn |
| 10 | EHang Holdings | 140,718.41 | -154.98 Mn | 21.64 Mn | 5.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.47 Mn |
| Dec 31, 2025 | 5.47 Mn |
| Sep 30, 2025 | 4.27 Mn |
| Sep 30, 2025 | 4.27 Mn |
| Jun 30, 2025 | 5.74 Mn |
| Jun 30, 2025 | 5.74 Mn |
| Mar 31, 2025 | 1.69 Mn |
| Mar 31, 2025 | 1.69 Mn |
| Dec 31, 2024 | 4.96 Mn |
| Dec 31, 2024 | 4.96 Mn |
| Sep 30, 2024 | 6.74 Mn |
| Sep 30, 2024 | 6.74 Mn |
| Jun 30, 2024 | 3.76 Mn |
| Jun 30, 2024 | 3.76 Mn |
| Mar 31, 2024 | 2.80 Mn |
| Mar 31, 2024 | 2.80 Mn |
| Dec 31, 2023 | 2.92 Mn |
| Dec 31, 2023 | 2.92 Mn |
| Sep 30, 2023 | 1.88 Mn |
| Sep 30, 2023 | 1.88 Mn |