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EHang Holdings Limited (EH) Graph

EH Revenue Flow

Filed revenue amounts for 2025-01-01 to 2025-12-31. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.

  • 2025-12-31: Revenue $59.77M; Cost of revenue $23.00M; Research and development $27.82M; Operating expenses $83.83M.
  • 2024-12-31: Revenue $62.49M; Cost of revenue $24.14M; Research and development $27.33M; Operating expenses $77.25M.
  • 2023-12-31: Revenue $16.54M; Cost of revenue $5.93M; Research and development $23.57M; Operating expenses $53.21M.
  • 2022-12-31: Revenue $6.42M; Cost of revenue $2.19M; Research and development $19.59M; Operating expenses $49.19M.

Consolidated Entities

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

EH revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Variable Interest EntityPrimary Beneficiary$22.92MRevenue$59.77MCost of revenue$23.00MGross profit$36.77MOperating expenses$83.83MOperating income-$45.29MResearch & development$27.82MPre-tax income-$39.41MIncome tax-$630.00K

Product or service

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

EH revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Product$57.92MService$1.85MAir Mobility Solutions$660.00KOther$1.19MOthers Products$2.07MProducts AirMobility Solutions$55.85MRevenue$59.77MCost of revenue$23.00MGross profit$36.77MOperating expenses$83.83MOperating income-$45.29MResearch & development$27.82MPre-tax income-$39.41MIncome tax-$630.00K

Geography

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

EH revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Europe$53.00KNorth America$0.00South America$0.00East Africa$18.00KEast Asia$2.06MOther$0.00South Asia$31.00KWest Africa$0.00West Asia$81.00KCN$57.53MRevenue$59.77MCost of revenue$23.00MGross profit$36.77MOperating expenses$83.83MOperating income-$45.29MResearch & development$27.82MPre-tax income-$39.41MIncome tax-$630.00K

Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.

Historical revenue and expense breakdown

Revenue and expense 12 month

Period endRevenueCost of revenueResearch and developmentOperating expensesIncome taxNet income
2025-12-31$59.77M$23.00M$27.82M$83.83M-$630.00K-$39.47M
2024-12-31$62.49M$24.14M$27.33M$77.25M$53.00K-$31.48M
2023-12-31$16.54M$5.93M$23.57M$53.21M$29.00K-$42.49M
2022-12-31$6.42M$2.19M$19.59M$49.19M$11.00K-$47.59M
2021-12-31$8.91M$3.26M$21.52M$57.71M$21.00K-$49.27M
2020-12-31$27.60M$11.33M$16.13M$31.27M$32.00K-$13.43M
2019-12-31$17.50M$7.27M$8.21M$17.38M$108.00K-$6.97M