EHang Holdings Ltd (EH.US) opened nearly 8% higher on Thursday, trading at $13.19. The surge follows the company's announcement on March 12 of its unaudited financial results for the fourth quarter and full fiscal year 2025. For the full 2025 fiscal year, EHang's total revenue reached RMB 509.5 million (approximately USD 72.9 million), marking an 11.7% year-over-year increase and setting a new record for annual revenue. The net loss for the year was RMB 231.0 million (approximately USD 33.0 million), compared to a net loss of RMB 230.0 million in the prior year.
In terms of specific operations, the company achieved a record high in the sales and deliveries of its electric vertical take-off and landing (eVTOL) aircraft, with a total of 221 units delivered. This figure includes 215 units from the EH216 series and 6 VT35 aircraft. Notably, in the fourth quarter, the company reported a net profit of RMB 10.5 million, marking its first quarterly profit under U.S. GAAP. Correspondingly, the quarter also saw a record number of eVTOL aircraft sales and deliveries, with a total of 100 units delivered.
Mr. Edward Xu, Chief Financial Officer of EHang, stated that the fourth quarter of 2025 represented the company's strongest quarterly financial performance to date.
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