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
DateValue
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