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NASDAQ · Industrials

EHang Holdings Ltd (EH)

EHang Holdings Ltd reported revenue of $59.8M in fiscal 2025, down 4.4% from a year earlier. It posted a net loss of $39.5M. In fiscal 2025 capital spending exceeded operating cash flow by $46.8M. At December 31, 2025 it held $36.7M in cash against $13.2M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on May 15, 2026.

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Price
$4.12
+3.78% on the day · November 9, 2026
52-week range $3.31 to $16.86
Market cap
$296.6M
Revenue (FY2025)
$59.8M
-4.4% year on year
Net margin
-66.0%

Key facts about EHang Holdings Ltd

Net worth
EHang Holdings Ltd has a market value (market cap) of $296.6M at the latest share price, and shareholders' equity of $152.9M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $59.8M (-4.4% year on year), with a net loss of $39.5M.
Cash flow
In fiscal 2025 operations used $25.7M of cash.
Latest report
The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on May 15, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR

What EHang Holdings Ltd does

EHang Holdings Ltd is registered with the SEC under industry code SIC 3728 (Aircraft Parts & Auxiliary Equipment, NEC). Its shares trade on NASDAQ under the ticker EH.

Revenue and profit by year

Revenue
FY19: $17.5M $17.5M FY19FY20: $27.6M $27.6M FY20FY21: $8.9M $8.9M FY21FY22: $6.4M $6.4M FY22FY23: $16.5M $16.5M FY23FY24: $62.5M $62.5M FY24FY25: $59.8M $59.8M FY25
Net income
FY19: -$7M -$7M FY19FY20: -$13.4M -$13.4M FY20FY21: -$49.3M -$49.3M FY21FY22: -$47.6M -$47.6M FY22FY23: -$42.5M -$42.5M FY23FY24: -$31.5M -$31.5M FY24FY25: -$39.5M -$39.5M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$59.8M-$45.3M-$39.5M-$0.27-$46.8M
2024$62.5M-$34.8M-$31.5M-$0.23$16.3M
2023$16.5M-$41.7M-$42.5M-$0.35-$13.6M
2022$6.4M-$44.1M-$47.6M-$0.41-$26.9M
2021$8.9M-$50.3M-$49.3M-$0.44-$21.5M
2020$27.6M-$14M-$13.4Mn/a-$24.6M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Where EH ranks in Industrials

Revenue$59.8M
#431 of 603 in Industrials · Bottom 29%
Revenue growth-4.4%
#408 of 520 in Industrials · Bottom 22%
Net margin-66.0%
#491 of 523 in Industrials · Bottom 6%
Free cash flow margin-78.3%
#468 of 489 in Industrials · Bottom 4%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Industrials

Latest SEC filings

What EHang Holdings Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 5, 2026
  2. August 25, 2026
  3. August 20, 2026
  4. August 14, 2026
  5. August 13, 2026
  6. August 6, 2026
  7. June 9, 2026
  8. June 8, 2026
  9. May 15, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025Revenue fell 4.4% to $59.8M versus the prior year; diluted EPS -$0.27 versus -$0.23.
  10. May 15, 2026

Recent insider filings (Forms 3, 4 and 144): 8, the latest on November 4, 2026. Insider transactions on SEC

Insider trades

What the people running EHang Holdings Ltd did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns EH

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
FIL Limited13G, passive with 2 related filers 7.4% 4,492,258 August 6, 2026
Axim Planning & Wealth13G, passive 5.3% 7,986,310 August 13, 2026

Latest filings below 5%: G1 Execution Services, LLC 4% (August 14, 2026).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 76 managers reported a position.

HolderSharesValueChange on quarter
Axim Planning & Wealth3,972,808$26M-139,252
FIL Ltd2,246,129$14.7M+844,037
Susquehanna International Group, Llp1,729,084$11.3M-562,615
State Street Corp1,657,084$10.9M+579,367
Vanguard Capital Management LLC1,610,936$10.6M+6,411
Morgan Stanley705,550$4.6M+38,193
Vident Advisory, LLC677,186$4.4M+149,592
UBS Group AG667,502$4.4M-677,809
Baillie Gifford & Co661,983$4.3M-71,167
Norges Bank541,048$3.5Mnew
Jane Street Group, LLC492,972$3.2M-279,092
Group One Trading LLC458,712$3M-507,949
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.425,891$2.8M+16,563
Vanguard Fiduciary Trust Co422,592$2.8M0
Marshall Wace, Llp392,903$2.6M+185,225
BlackRock, Inc.297,362$1.9M+250,733
Mitsubishi UFJ Asset Management Co., Ltd.175,598$1.2M+77,422
Simplex Trading, LLC94,714$620.4K-160,649
Squarepoint Ops LLC91,697$600.6K+48,048
Carmignac Gestion76,985$504.3K0

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

No insider reported holdings on a Form 4 in the last 12 months.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about EH

What does EHang Holdings Ltd do?

EHang Holdings Ltd is a company in the Industrials sector, listed on NASDAQ as EH. Its shares trade on NASDAQ under the ticker EH.

What is EHang Holdings Ltd's net worth?

EHang Holdings Ltd has a market value (market cap) of $296.6M at the latest share price, and shareholders' equity of $152.9M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is EHang Holdings Ltd profitable?

No. In fiscal 2025 it reported a net loss of $39.5M on revenue of $59.8M.

How much revenue does EHang Holdings Ltd make?

In fiscal 2025 EHang Holdings Ltd reported revenue of $59.8M. That is 4.4% less than a year earlier.

When did EHang Holdings Ltd last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on May 15, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the passive stake changed from November 5, 2026.

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Where the numbers come from

Financial figures are the values EHang Holdings Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.