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
DateValue
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