EHang Holdings (EH) Operating Expenses (2018 - 2026)
EHang Holdings' (EH) quarterly Operating Expenses came in at -$22.0 million in Q1 2026, down 44.01% year-on-year from -$39.3 million in Q1 2025, and up 3.9% quarter-over-quarter from -$22.9 million in Q4 2025.
EHang Holdings (EH) Operating Expenses (2018 - 2026) Analysis & Trends
EHang Holdings' Operating Expenses history runs 9 years deep, the most recent figure standing at -$22.0 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 44.01% year-over-year to -$22.0 million in Q1 2026; TTM through Mar 2026 was -$90.2 million, a 14.78% decrease from a year earlier, with the FY2025 full-year figure at $83.8 million, up 8.52% from the prior year.
- Operating Expenses grew to -$22.0 million in Q1 2026 per EH's latest filing, from -$22.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$10.8 million in Q1 2022 and bottomed at -$24.1 million in Q2 2025.
- The 5-year median for Operating Expenses is -$15.3 million (2025), against an average of -$16.9 million.
- Across the five-year window, Operating Expenses rose 15.51% in 2022 and plunged 74.54% in 2024, its largest moves.
- Year by year, Operating Expenses stood at -$15.1 million in 2022, then declined by 6.89% to -$16.1 million in 2023, then plunged by 37.15% to -$22.1 million in 2024, then declined by 3.51% to -$22.9 million in 2025, then increased by 3.9% to -$22.0 million in 2026.
- Per Business Quant, the three latest EH Operating Expenses figures stand at -$22.0 million (Q1 2026), -$22.9 million (Q4 2025), and -$21.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn | 10.86 Bn |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | 27.00 Mn |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 273.00 Mn |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn | 750.00 Mn |
| 10 | EHang Holdings | 761,961.01 | -139.30 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 |