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EHang vs Loar: revenue, profit, margins and growth compared

EHang brought in $59.8M of revenue in fiscal 2025, Loar $496.3M in fiscal 2025. Revenue changed by -4.4% at EHang and +23.2% at Loar on the year before, so Loar grew faster. EHang kept -66.0% of its revenue as net profit, Loar 14.5%.

Side by side, latest fiscal year

EHLOAR
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$59.8M$496.3M
Revenue growth-4.4%+23.2%
Net income-$39.5M$72.1M
Net margin-66.0%14.5%
Free cash flow-$46.8Mn/a
Free cash flow margin-78.3%n/a
Earnings per share (diluted)-$0.27$0.75
Cash$36.7M$84.8M
Debt$13.2M$715.7M
Price to earningsn/a86.7
Market value$324.7M$6.1B
Dividend yieldn/an/a
Rank by revenue in sector#398 of 451 · Industrials#323 of 451 · Industrials

Over the years

Revenue
EH FY2019: $17.5MEH FY2020: $27.6MEH FY2021: $8.9MEH FY2022: $6.4MEH FY2023: $16.5MEH FY2024: $62.5MEH FY2025: $59.8MLOAR FY2024: $317.5MLOAR FY2024: $402.8MLOAR FY2025: $496.3MFY19FY20FY21FY22FY23FY24FY25
EH $59.8MLOAR $496.3M
Net income
EH FY2019: -$7MEH FY2020: -$13.4MEH FY2021: -$49.3MEH FY2022: -$47.6MEH FY2023: -$42.5MEH FY2024: -$31.5MEH FY2025: -$39.5MLOAR FY2024: -$4.6MLOAR FY2024: $22.2MLOAR FY2025: $72.1MFY19FY20FY21FY22FY23FY24FY25
EH -$39.5MLOAR $72.1M
Net margin
EH FY2019: -39.9%EH FY2020: -48.7%EH FY2021: -552.7%EH FY2022: -740.7%EH FY2023: -256.9%EH FY2024: -50.4%EH FY2025: -66.0%LOAR FY2024: -1.5%LOAR FY2024: 5.5%LOAR FY2025: 14.5%FY19FY20FY21FY22FY23FY24FY25
EH -66.0%LOAR 14.5%
Revenue growth
EH FY2020: +57.7%EH FY2021: -67.7%EH FY2022: -27.9%EH FY2023: +157.4%EH FY2024: +277.9%EH FY2025: -4.4%LOAR FY2024: +26.9%LOAR FY2025: +23.2%FY20FY21FY22FY23FY24FY25
EH -4.4%LOAR +23.2%
Free cash flow
EH FY2019: -$8.4MEH FY2020: -$24.6MEH FY2021: -$21.5MEH FY2022: -$26.9MEH FY2023: -$13.6MEH FY2024: $16.3MEH FY2025: -$46.8MFY19FY20FY21FY22FY23FY24FY25
EH -$46.8MLOAR

Fiscal years as each company reports them; the two may end in different months.

Questions about EHang and Loar

Which is bigger by revenue, EHang or Loar?

Loar is bigger by revenue: $496.3M in fiscal 2025, against $59.8M for EHang in fiscal 2025.

Which keeps more of its revenue as profit, EHang or Loar?

EHang had a net margin of -66.0% in fiscal 2025; Loar had 14.5% in fiscal 2025.

Which grew revenue faster, EHang or Loar?

In their latest fiscal years revenue changed by -4.4% at EHang and +23.2% at Loar.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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