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EHang vs Park Aerospace: revenue, profit, margins and growth compared

EHang brought in $59.8M of revenue in fiscal 2025, Park Aerospace $73.3M in fiscal 2026. Revenue changed by -4.4% at EHang and +18.2% at Park Aerospace on the year before, so Park Aerospace grew faster. EHang kept -66.0% of its revenue as net profit, Park Aerospace 15.4%. Free cash flow was -$46.8M at EHang and $9.5M at Park Aerospace.

Side by side, latest fiscal year

EHPKE
Fiscal year endedFY2025 (December 31, 2025)FY2026 (March 1, 2026)
Revenue$59.8M$73.3M
Revenue growth-4.4%+18.2%
Net income-$39.5M$11.3M
Net margin-66.0%15.4%
Free cash flow-$46.8M$9.5M
Free cash flow margin-78.3%12.9%
Earnings per share (diluted)-$0.27$0.56
Cash$36.7M$78.5M
Debt$13.2Mn/a
Price to earningsn/a53.8
Market value$324.7M$654.9M
Dividend yieldn/an/a
Rank by revenue in sector#398 of 451 · Industrials#389 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: $59.8MPKE FY2019: $51.1MPKE FY2020: $60MPKE FY2021: $46.3MPKE FY2022: $53.6MPKE FY2023: $54.1MPKE FY2024: $56MPKE FY2025: $62MPKE FY2026: $73.3MFY19FY20FY21FY22FY23FY24FY25FY26
EH $59.8MPKE $73.3M
Net income
EH FY2019: -$7MEH FY2020: -$13.4MEH FY2021: -$49.3MEH FY2022: -$47.6MEH FY2023: -$42.5MEH FY2024: -$31.5MEH FY2025: -$39.5MPKE FY2019: $113.5MPKE FY2020: $9.6MPKE FY2021: $4.9MPKE FY2022: $8.5MPKE FY2023: $10.7MPKE FY2024: $7.5MPKE FY2025: $5.9MPKE FY2026: $11.3MFY19FY20FY21FY22FY23FY24FY25FY26
EH -$39.5MPKE $11.3M
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%PKE FY2019: 222.1%PKE FY2020: 15.9%PKE FY2021: 10.5%PKE FY2022: 15.8%PKE FY2023: 19.9%PKE FY2024: 13.3%PKE FY2025: 9.5%PKE FY2026: 15.4%FY19FY20FY21FY22FY23FY24FY25FY26
EH -66.0%PKE 15.4%
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%PKE FY2020: +17.4%PKE FY2021: -22.9%PKE FY2022: +15.8%PKE FY2023: +0.9%PKE FY2024: +3.6%PKE FY2025: +10.8%PKE FY2026: +18.2%FY20FY21FY22FY23FY24FY25FY26
EH -4.4%PKE +18.2%
Free cash flow
EH FY2019: -$8.4MEH FY2020: -$24.6MEH FY2021: -$21.5MEH FY2022: -$26.9MEH FY2023: -$13.6MEH FY2024: $16.3MEH FY2025: -$46.8MPKE FY2019: $4.8MPKE FY2020: -$1.6MPKE FY2021: $5.5MPKE FY2022: $3.8MPKE FY2023: $5.4MPKE FY2024: $3.8MPKE FY2025: $3.8MPKE FY2026: $9.5MFY19FY20FY21FY22FY23FY24FY25FY26
EH -$46.8MPKE $9.5M

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

Questions about EHang and Park Aerospace

Which is bigger by revenue, EHang or Park Aerospace?

Park Aerospace is bigger by revenue: $73.3M in fiscal 2026, against $59.8M for EHang in fiscal 2025.

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

EHang had a net margin of -66.0% in fiscal 2025; Park Aerospace had 15.4% in fiscal 2026.

Which grew revenue faster, EHang or Park Aerospace?

In their latest fiscal years revenue changed by -4.4% at EHang and +18.2% at Park Aerospace.

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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