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

EHang brought in $59.8M of revenue in fiscal 2025, TransDigm $8.8B in fiscal 2025. Revenue changed by -4.4% at EHang and +11.2% at TransDigm on the year before, so TransDigm grew faster. EHang kept -66.0% of its revenue as net profit, TransDigm 23.5%. Free cash flow was -$46.8M at EHang and $1.8B at TransDigm.

Side by side, latest fiscal year

EHTDG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 30, 2025)
Revenue$59.8M$8.8B
Revenue growth-4.4%+11.2%
Net income-$39.5M$2.1B
Net margin-66.0%23.5%
Free cash flow-$46.8M$1.8B
Free cash flow margin-78.3%20.6%
Earnings per share (diluted)-$0.27$32.08
Cash$36.7M$2.8B
Debt$13.2M$29.3B
Price to earningsn/a34.8
Market value$324.7M$61.7B
Dividend yieldn/an/a
Rank by revenue in sector#398 of 451 · Industrials#73 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: $59.8MTDG FY2018: $3.8BTDG FY2019: $5.2BTDG FY2020: $5.1BTDG FY2021: $4.8BTDG FY2022: $5.4BTDG FY2023: $6.6BTDG FY2024: $7.9BTDG FY2025: $8.8BFY18FY19FY20FY21FY22FY23FY24FY25
EH $59.8MTDG $8.8B
Net income
EH FY2019: -$7MEH FY2020: -$13.4MEH FY2021: -$49.3MEH FY2022: -$47.6MEH FY2023: -$42.5MEH FY2024: -$31.5MEH FY2025: -$39.5MTDG FY2018: $957MTDG FY2019: $890MTDG FY2020: $699MTDG FY2021: $680MTDG FY2022: $866MTDG FY2023: $1.3BTDG FY2024: $1.7BTDG FY2025: $2.1BFY18FY19FY20FY21FY22FY23FY24FY25
EH -$39.5MTDG $2.1B
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%TDG FY2018: 25.1%TDG FY2019: 17.0%TDG FY2020: 13.7%TDG FY2021: 14.2%TDG FY2022: 16.0%TDG FY2023: 19.7%TDG FY2024: 21.6%TDG FY2025: 23.5%FY18FY19FY20FY21FY22FY23FY24FY25
EH -66.0%TDG 23.5%
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%TDG FY2019: +37.0%TDG FY2020: -2.3%TDG FY2021: -6.0%TDG FY2022: +13.2%TDG FY2023: +21.3%TDG FY2024: +20.6%TDG FY2025: +11.2%FY19FY20FY21FY22FY23FY24FY25
EH -4.4%TDG +11.2%
Free cash flow
EH FY2019: -$8.4MEH FY2020: -$24.6MEH FY2021: -$21.5MEH FY2022: -$26.9MEH FY2023: -$13.6MEH FY2024: $16.3MEH FY2025: -$46.8MTDG FY2018: $949MTDG FY2019: $913MTDG FY2020: $1.1BTDG FY2021: $808MTDG FY2022: $829MTDG FY2023: $1.2BTDG FY2024: $1.9BTDG FY2025: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
EH -$46.8MTDG $1.8B

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

Questions about EHang and TransDigm

Which is bigger by revenue, EHang or TransDigm?

TransDigm is bigger by revenue: $8.8B in fiscal 2025, against $59.8M for EHang in fiscal 2025.

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

EHang had a net margin of -66.0% in fiscal 2025; TransDigm had 23.5% in fiscal 2025.

Which grew revenue faster, EHang or TransDigm?

In their latest fiscal years revenue changed by -4.4% at EHang and +11.2% at TransDigm.

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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