Ehang Holdings Ltd income statement

In fiscal 2025, Ehang Holdings Ltd reported revenue of $58.2m, down 8.3% on the year before, operating income of −$44.1m (a -75.8% margin) and net income of −$38.4m, or −$0.52 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ehang Holdings Ltd: income statement, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	5	10	18	26	9	7	17	63	58
Cost of revenue	4	5	7	11	3	2	6	24	22
Gross profit	1	5	10	15	6	4	11	39	36
Research and development	10	9	8	15	21	20	24	28	27
Selling and marketing	4	3	4	5	7	8	9	18	17
General and administrative	5	5	5	9	29	22	21	32	38
Operating income	−19	−11	−7	−13	−50	−45	−42	−35	−44
Interest expense	—	0	0	0	0	0	0	0	1
Income before tax	−12	−12	−7	−13	−49	−49	43	32	−38
Income tax	1	0	0	0	0	0	0	0	−1
Net income	−13	−12	−7	−13	−49	−49	−43	−32	−38
Diluted EPS	−$0.49	−$0.42	—	—	—	—	—	—	−$0.52
Diluted shares (average)	28m	28m	—	—	—	—	—	—	73m
EBITDA	−18	−10	−6	−12	−48	−44	−40	−34	−41

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Ehang Holdings Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Ehang Holdings Ltd.