EHang Holdings (EH) Gross Margin (2018 - 2026)
EHang Holdings' (EH) quarterly Gross Margin came in at 62.5% in Q1 2026, up 4.0% year-on-year from 60.1% in Q1 2025, and up 0.66% quarter-over-quarter from 62.09% in Q4 2025.
EHang Holdings (EH) Gross Margin (2018 - 2026) Analysis & Trends
EHang Holdings' Gross Margin history runs 9 years deep, the most recent figure standing at 62.5% for Q1 2026.
- On a quarterly basis, Gross Margin rose 4.0% year-over-year to 62.5% in Q1 2026; TTM through Mar 2026 was 62.01%, a 65.0% increase from a year earlier, with the FY2025 full-year figure at 61.52%, up 15.0% from the prior year.
- Gross Margin advanced to 62.5% in Q1 2026 per EH's latest filing, from 62.09% in the prior quarter.
- Across five years, Gross Margin topped out at 67.14% in Q2 2022 and bottomed at 60.14% in Q2 2023.
- The 5-year median for Gross Margin is 62.46% (2025), against an average of 63.03%.
- Across the five-year window, Gross Margin jumped 602 bps in 2022 and slumped 700 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 66.09% in 2022, then retreated by 2 bps to 64.69% in 2023, then dropped by 6 bps to 60.68% in 2024, then gained by 2 bps to 62.09% in 2025, then grew by 1 bps to 62.5% in 2026.
- Per Business Quant, the three latest EH Gross Margin figures stand at 62.5% (Q1 2026), 62.09% (Q4 2025), and 60.78% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 375.76 Bn | 366.42 Bn | -3.10 Bn | -433.85% |
| 2 | Rtx | 290.54 Bn | 282.23 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 170.29 Bn | 150.27 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 133.52 Bn | 129.73 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 113.70 Bn | 111.26 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 103.50 Bn | 99.17 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 76.72 Bn | 74.42 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 73.38 Bn | 69.50 Bn | 1.51 Bn | 59.39% |
| 9 | L3Harris Technologies | 51.84 Bn | 51.25 Bn | 1.40 Bn | 24.41% |
| 10 | EHang Holdings | 766,294.52 | -139.29 Mn | 2.33 Mn | 62.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 62.50% |
| Dec 31, 2025 | 62.09% |
| Sep 30, 2025 | 60.78% |
| Jun 30, 2025 | 62.57% |
| Mar 31, 2025 | 62.46% |
| Dec 31, 2024 | 60.68% |
| Sep 30, 2024 | 61.20% |
| Jun 30, 2024 | 62.39% |
| Mar 31, 2024 | 61.87% |
| Dec 31, 2023 | 64.69% |
| Sep 30, 2023 | 64.58% |
| Jun 30, 2023 | 60.14% |
| Mar 31, 2023 | 63.93% |
| Dec 31, 2022 | 66.09% |
| Sep 30, 2022 | 65.92% |
| Jun 30, 2022 | 67.14% |
| Mar 31, 2022 | 62.43% |
| Dec 31, 2021 | 60.07% |
| Sep 30, 2021 | 61.78% |
| Jun 30, 2021 | 67.94% |