Ehang Holdings Ltd ( (EH) ) has released its Q2 earnings. Here is a breakdown of the information Ehang Holdings Ltd presented to its investors.
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EHang Holdings Limited, a leading urban air mobility technology platform company, specializes in developing unmanned aerial vehicle systems for various industries, including passenger transportation and logistics. In its latest earnings report for the second quarter of 2025, EHang reported significant revenue growth of 44.2% year-over-year and 464.0% quarter-over-quarter, reaching RMB147.2 million. The company maintained a high gross margin of 62.6% and strengthened its liquidity position with US$23.8 million raised from an at-the-market equity offering.
Key financial highlights include the delivery of 68 units of the EH216 series eVTOL aircraft, a notable increase from previous quarters, and a net loss of RMB81.0 million. However, EHang achieved an adjusted net income of RMB9.4 million, marking a significant improvement from the previous quarter’s adjusted net loss. The company also expanded its technology partnerships and launched trial commercial operations of the EH216-S in Guangzhou and Hefei.
Strategically, EHang is advancing its next-generation VT35 model with plans for an official unveiling in September. The company has also established a product hub in Hefei in collaboration with the local government, aiming to accelerate the development of the VT35 series. EHang continues to expand its global reach, with successful flights in 20 countries, and is actively involved in shaping industry standards through partnerships and joint initiatives.
Looking forward, EHang’s management remains optimistic about the company’s growth prospects, focusing on expanding eVTOL flight operations and increasing delivery volumes. The company has revised its 2025 revenue guidance to approximately RMB500 million, positioning itself as a first mover in the urban air mobility industry to capture future growth opportunities.