EHang Holdings (EH) Operating Expenses (2018 - 2025)

EHang Holdings' Operating Expenses history runs 8 years deep, the most recent figure standing at -$22.9 million for Q4 2025.

• In Q4 2025, Operating Expenses fell 3.51% year-over-year to -$22.9 million; the TTM figure through Dec 2025 stood at -$83.5 million (down 6.71% YoY), while the FY2025 annual figure was $83.8 million, up 8.52% from the prior year.
• Operating Expenses was -$22.9 million for Q4 2025 at EHang Holdings, down from -$21.2 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of -$10.8 million in Q1 2022 to a low of -$24.1 million in Q2 2025.
• Historically, Operating Expenses has averaged -$16.1 million across 5 years, with a median of -$15.0 million in 2022.
• The sharpest annual moves came in 2021 and 2022: Operating Expenses sank 172.74% in 2021, then grew 15.51% in 2022.
• A 5-year view of Operating Expenses shows it stood at -$17.7 million in 2021, then gained by 14.74% to -$15.1 million in 2022, then declined by 6.89% to -$16.1 million in 2023, then slumped by 37.15% to -$22.1 million in 2024, then declined by 3.51% to -$22.9 million in 2025.
• The last three Operating Expenses figures came in at -$22.9 million (Q4 2025), -$21.2 million (Q3 2025), and -$24.1 million (Q2 2025), per Business Quant data.