EHang Holdings (EH) Operating Expenses (2018 - 2026)
EHang Holdings (EH) posted quarterly Operating Expenses of -$22.0 million for Q1 2026, down 44.01% year-over-year from -$39.3 million in Q1 2025, and up 3.9% on a QoQ basis from -$22.9 million in Q4 2025.
EHang Holdings (EH) Operating Expenses (2018 - 2026) Analysis & Trends
EHang Holdings (EH) has reported Operating Expenses for 9 consecutive years, with -$22.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 44.01% year-over-year to -$22.0 million; the TTM figure through Mar 2026 stood at -$90.2 million (down 14.78% YoY), while the FY2025 annual figure was $83.8 million, up 8.52% from the prior year.
- Operating Expenses came in at -$22.0 million for Q1 2026 at EHang Holdings, up from -$22.9 million in the prior quarter.
- The five-year high for Operating Expenses was -$10.8 million in Q1 2022, with the low at -$24.1 million in Q2 2025.
- Average Operating Expenses over 5 years is -$16.9 million, with a median of -$15.3 million recorded in 2025.
- Across the five-year window, Operating Expenses gained 15.51% in 2022 and sank 74.54% in 2024, its largest moves.
- Year by year, Operating Expenses stood at -$15.1 million in 2022, then decreased by 6.89% to -$16.1 million in 2023, then tumbled by 37.15% to -$22.1 million in 2024, then decreased by 3.51% to -$22.9 million in 2025, then advanced by 3.9% to -$22.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$22.0 million, -$22.9 million, and -$21.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 2.10 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 19.59 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 12.06 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 120.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 273.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 8.89 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 132.46 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 750.00 Mn |
| 10 | EHang Holdings | 618,239.98 | -139.58 Mn | 2.33 Mn | -22.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -22.00 Mn |
| Dec 31, 2025 | -22.89 Mn |
| Sep 30, 2025 | -21.18 Mn |
| Jun 30, 2025 | -24.14 Mn |
| Mar 31, 2025 | -15.28 Mn |
| Dec 31, 2024 | -22.11 Mn |
| Sep 30, 2024 | -21.48 Mn |
| Jun 30, 2024 | -19.73 Mn |
| Mar 31, 2024 | -14.92 Mn |
| Dec 31, 2023 | -16.12 Mn |
| Sep 30, 2023 | -12.30 Mn |
| Jun 30, 2023 | -11.31 Mn |
| Mar 31, 2023 | -13.33 Mn |
| Dec 31, 2022 | -15.09 Mn |
| Sep 30, 2022 | -11.31 Mn |
| Jun 30, 2022 | -12.92 Mn |
| Mar 31, 2022 | -10.76 Mn |
| Dec 31, 2021 | -17.69 Mn |
| Sep 30, 2021 | -13.39 Mn |
| Jun 30, 2021 | -13.22 Mn |