EHang Holdings Limited financial results for the first quarter ended March 31, 2026, record sales of four EH216 series1 eVTOLs – compared with 11 units of EH216 series in the first quarter of 2025, and 61 units of EH216 series and five units of VT35 in the fourth quarter of 2025.
Total revenues were RMB25.7 million (USD3.7 million), compared with RMB26.1 million in the first quarter of 2025, and RMB177.6 million in the fourth quarter of 2025. Gross margin was 62.5%, a slight increase from 62.4% in the first quarter of 2025 and 61.6% in the fourth quarter of 2025. Operating loss was RMB127.9 million (USD18.5 million), compared with RMB89.9 million in the first quarter of 2025 and RMB43.0 million in the fourth quarter of 2025. Net loss was RMB126.4 million (USD18.3 million), compared with RMB78.4 million in the first quarter of 2025 and RMB20.9 million in the fourth quarter of 2025.
According to a company statement:
“As China advances toward public eVTOL commercial operations, EHang and its operating partners have been working closely with the CAAC to meet additional operational and safety requirements ahead of the launch of public ticketed flight services. The two Air Operator Certificate (“OC”) holders, EHang General Aviation and Heyi Aviation, have continued refining operational procedures, ground support systems, personnel training programs and emergency response capabilities while conducting routine internal trial commercial operations. Since obtaining their OCs in March 2025, both operators have maintained a flawless safety record with zero accidents and zero violations, completing more than 3,000 safe flight missions.
“Meanwhile, EHang has established a comprehensive commercial operation framework covering ticket pricing, online and offline ticketing channels, customer service, public feedback management and standardized operating procedures. With over 40 eVTOL operation sites already established by customers and partners across China, some of which are in routine flights, the Company is continuing to expand operational capacity and further refine its scalable operating model for future commercial deployment.
“In preparation for the EH216-S crew training program, EHang assembled an experienced instructor team and secured all necessary resources, including training aircraft, facilities, and practice sites. In May 2026, the CAAC issued the Training Requirements for Remote Pilot of Large Civil Unmanned Aircraft System, providing a regulatory framework for standardized training of EH216-S ground operating crew.”
The company meanwhile is developing a network of operational demonstration sites: Guangzhou Huangpu Suigang Port (inter-city aerial tours operating site), Hefei Luogang Park (hub-style dual-pad operating site), Shenzhen Luohu Sports and Leisure Park (urban integrated vertiport with an elevatable hangar) and Zhuhai Guishandao port (coastal logistics hub vertiport).
Hefei Luogang
Shenzhen Luohu Sports and Leisure Park
Zhuhai Guishandao
For more information
https://ir.ehang.com/static-files/ae24e6b5-e671-4d64-b7e4-5659a9c0c879
(Image: Guangzhou Huangpu Suigang Port – EHang)