EHang Holdings (EH) EBITDA (2018 - 2025)
EHang Holdings (EH) recorded quarterly EBITDA of -$4.4 million in Q4 2025, up 64.68% quarter-over-quarter from -$12.5 million in Q3 2025, and down 20.0% on a YoY basis from -$5.5 million in Q4 2024.
EHang Holdings (EH) EBITDA (2018 - 2025) Analysis & Trends
EHang Holdings' EBITDA history runs 8 years deep, the most recent figure standing at -$4.4 million for Q4 2025.
- In Q4 2025, EBITDA fell 20.0% year-over-year to -$4.4 million; the TTM figure through Dec 2025 stood at -$39.9 million (down 30.61% YoY), while the FY2025 annual figure was -$42.7 million, down 42.27% from the prior year.
- EBITDA was -$4.4 million for Q4 2025 at EHang Holdings, up from -$12.5 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$3.7 million in Q4 2024 to a low of -$17.3 million in Q4 2021.
- Historically, EBITDA has averaged -$10.4 million across 5 years, with a median of -$10.3 million in 2023.
- The sharpest annual moves came in 2021 and 2024: EBITDA plunged 1026.12% in 2021, then surged 65.97% in 2024.
- A 5-year view of EBITDA shows it stood at -$17.3 million in 2021, then rose by 6.74% to -$16.1 million in 2022, then jumped by 32.85% to -$10.8 million in 2023, then soared by 65.97% to -$3.7 million in 2024, then dropped by 20.0% to -$4.4 million in 2025.
- The last three EBITDA figures came in at -$4.4 million (Q4 2025), -$12.5 million (Q3 2025), and -$11.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,320.77 Bn | 5,320.77 Bn | 456,459.43 | -1.49 Mn |
| 2 | General Electric | 345.72 Bn | 334.98 Bn | 9.11 Bn | -1.07 Bn |
| 3 | Rtx | 244.58 Bn | 239.48 Bn | 9.08 Bn | 2.56 Bn |
| 4 | Boeing | 169.13 Bn | 148.22 Bn | 2.55 Bn | 448.00 Mn |
| 5 | Lockheed Martin | 121.80 Bn | 119.90 Bn | 2.08 Bn | 2.06 Bn |
| 6 | Howmet Aerospace | 102.93 Bn | 100.49 Bn | 854.00 Mn | 753.00 Mn |
| 7 | General Dynamics | 93.39 Bn | 89.74 Bn | 9.09 Bn | 1.42 Bn |
| 8 | Embraer | 87.17 Bn | 84.54 Bn | - | - |
| 9 | Northrop Grumman | 77.69 Bn | 75.60 Bn | 3.45 Bn | 870.00 Mn |
| 10 | EHang Holdings | 138,857.34 | -154.98 Mn | 21.64 Mn | -4.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -4.43 Mn |
| Sep 30, 2025 | -12.53 Mn |
| Jun 30, 2025 | -11.87 Mn |
| Mar 31, 2025 | -11.08 Mn |
| Dec 31, 2024 | -3.69 Mn |
| Sep 30, 2024 | -8.72 Mn |
| Jun 30, 2024 | -9.47 Mn |
| Mar 31, 2024 | -8.68 Mn |
| Dec 31, 2023 | -10.84 Mn |
| Sep 30, 2023 | -9.15 Mn |
| Jun 30, 2023 | -9.76 Mn |
| Mar 31, 2023 | -12.78 Mn |
| Dec 31, 2022 | -16.15 Mn |
| Sep 30, 2022 | -9.24 Mn |
| Jun 30, 2022 | -9.17 Mn |
| Mar 31, 2022 | -11.03 Mn |
| Dec 31, 2021 | -17.31 Mn |
| Sep 30, 2021 | -11.02 Mn |
| Jun 30, 2021 | -12.45 Mn |
| Mar 31, 2021 | -9.24 Mn |