EHang(US:EH) Globenewswireยท2025-08-26 07:33Core Viewpoint EHang Holdings Limited reported significant growth in its financial performance for the second quarter of 2025, driven by increased sales of its EH216 series eVTOL aircraft, while also expanding its operational capabilities and partnerships in the Urban Air Mobility sector. Financial Highlights - Total revenues reached RMB147.2 million (US$20.5 million), marking a 44.2% increase year-over-year and a 464.0% increase quarter-over-quarter [10][9] - Gross margin maintained at 62.6%, consistent with previous quarters [12] - Operating loss was RMB78.1 million (US$10.9 million), slightly up from RMB77.4 million in Q2 2024 but down 13.1% from RMB89.9 million in Q1 2025 [16] - Net loss was RMB81.0 million (US$11.3 million), a 13.1% increase from RMB71.6 million in Q2 2024 and a slight increase of 3.3% from RMB78.4 million in Q1 2025 [18] - Adjusted net income was RMB9.4 million (US$1.3 million), a significant turnaround from a loss of RMB31.1 million in the previous quarter [29] Operational Highlights - Delivered 68 units of EH216 series eVTOL aircraft in Q2 2025, up from 49 units in Q2 2024 and 11 units in Q1 2025 [4] - Established over 40 operational sites for the EH216-S, completing over 10,000 safe flights with zero accidents [8] - Received new orders for over 150 units of EH216 series in Q2 2025, indicating strong market demand [4] Strategic Developments - Strengthened liquidity position with US$23.8 million raised from an at-the-market equity offering [4] - Launched EH216-S trial commercial operations in Guangzhou and Hefei, with over 700 flights logged [7] - Formed strategic partnerships with Gotion High-Tech and Minth Group to enhance technology and supply chain capabilities [8] Business Outlook - The company revised its 2025 revenue guidance to approximately RMB500 million, focusing on expanding commercial eVTOL operations [32]