EH (EHang Holdings) Gross Margin %: 62.50% (As of Mar. 2026) — Near Median


EH EHang Holdings Ltd EH
68 GF Score
Price $6.37
GF Value $22.02
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is EHang Holdings Gross Margin %?

EHang Holdings EH -3.92% 68 Gross Margin % is 62.50% as of Mar. 2026, which is 2% above its 10-year median of 61.37. GuruFocus rates EH with a GF Score™ of 68/100 and a GF Value™ of $22.02 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 342 Aerospace & Defense companies, EHang Holdings ranks better than 89.47% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. EHang Holdings's Gross Profit for the three months ended in Mar. 2026 was $2.33 Mil. EHang Holdings's Revenue for the three months ended in Mar. 2026 was $3.72 Mil. Therefore, EHang Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 62.50%.


The historical rank and industry rank for EHang Holdings's Gross Margin % or its related term are showing as below:

EH' s Gross Margin % Range Over the Past 10 Years
Min: 13.21   Med: 61.37   Max: 65.93
Current: 61.52


During the past 9 years, the highest Gross Margin % of EHang Holdings was 65.93%. The lowest was 13.21%. And the median was 61.37%.

EH's Gross Margin % is ranked better than
89.47% of 342 companies
in the Aerospace & Defense industry
Industry Median: 26.65 vs EH: 61.52

EHang Holdings had a gross margin of 62.50% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for EHang Holdings was 0.30% per year.


EHang Holdings  (NAS:EH) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

EHang Holdings had a gross margin of 62.50% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


EHang Holdings Gross Margin % Related Terms


EHang Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for EHang Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

EHang Holdings Gross Margin % Chart

EHang Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 63.43 65.93 64.13 61.37 61.52

EHang Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.46 62.57 60.79 60.81 62.50

EH vs MRLN, SWBI, SPCE: Gross Margin % Comparison

For the Aerospace & Defense subindustry, EHang Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


EHang Holdings Gross Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, EHang Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where EHang Holdings's Gross Margin % falls into.


EH
68GF Score
EHang Holdings Ltd EH
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EHang Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

EHang Holdings's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=36.5 / 59.345
=(Revenue - Cost of Goods Sold) / Revenue
=(59.345 - 22.834) / 59.345
=61.52 %

EHang Holdings's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2.3 / 3.723
=(Revenue - Cost of Goods Sold) / Revenue
=(3.723 - 1.396) / 3.723
=62.50 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 62.50% mean?
EHang Holdings (EH) has a Gross Margin % of 62.50% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on EHang Holdings and its competitors. This is near median its historical median of 61.37. Over the past decade, EHang Holdings' Gross Margin % has ranged from 13.21 to 65.93. According to the industry distribution chart, EHang Holdings ranks #36 out of 342 companies in the Aerospace & Defense industry, placing it in the top 10.5%.
Is EHang Holdings' Gross Margin % too high?
EHang Holdings' current Gross Margin % of 62.50% is near median its 10-year median of 61.37. Over the past 10 years, this metric has ranged from a low of 13.21 to a high of 65.93. The Aerospace & Defense industry median Gross Margin % is 26.65. EHang Holdings' value of 62.50% is 134.5% above this industry median. Based on the distribution chart, EHang Holdings ranks #36 out of 342 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, EHang Holdings has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does EHang Holdings' Gross Margin % compare to MRLN and SWBI?
According to the Aerospace & Defense industry distribution chart, EHang Holdings ranks #36 out of 342 companies for Gross Margin %. This places EHang Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.65. EHang Holdings' value of 62.50% is 134.5% above this benchmark. Historically, EHang Holdings' own Gross Margin % has ranged from 13.21 to 65.93 over the past decade. While the company's 10-year median is 61.37 vs. the industry median of 26.65, EHang Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.65, based on 342 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. EHang Holdings's current Gross Margin % of 62.50% is 134.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on EHang Holdings and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EHang Holdings's current Gross Margin % is 62.50%, which is near median its own 10-year median of 61.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EHang Holdings stock overvalued right now?
Based on GuruFocus' analysis, EHang Holdings (EH) is currently considered Possible Value Trap. The stock's GF Value™ is $22.02, compared to a current price of $6.37 — trading 71.1% below its estimated fair value. The current Gross Margin % is 62.50%, which is near median its 10-year median of 61.37 and 134.5% above the Aerospace & Defense industry median of 26.65. EHang Holdings' overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For EHang Holdings (EH), the current Gross Margin % is 62.50% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is EHang Holdings (EH) Overvalued in 2026?

Based on GuruFocus' analysis, EHang Holdings stock appears to be undervalued. The current stock price of $6.37 is trading 71.1% below its estimated GF Value™ of $22.02. GuruFocus considers EHang Holdings to be Possible Value Trap.

Key valuation signals for EH:

  • Gross Margin %: 62.50% (near median its 10-year median of 61.37)
  • GF Value™: $22.02 vs. price of $6.37 (71.1% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 134.5% above the Aerospace & Defense median (#36 of 342)

No single metric tells the full story. See the EH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EHang Holdings Business Description

Other Exchanges EH N:Mexico3UIA:Germany
Address No. 118 Dongjiang Avenue, Huangpu District, Guangdong Province, Guangzhou, CHN, 510730
EHang Holdings Ltd is an urban air mobility (UAM) technology platform company focused on autonomous aerial vehicle technology and solutions. The company provides unmanned aerial vehicle (UAV) systems and solutions for air mobility, including passenger transportation and logistics, as well as smart city management and aerial media solutions. Its EH216-S passenger-carrying pilotless eVTOL aircraft has obtained a production certificate and standard airworthiness certificate from the Civil Aviation Administration of China (CAAC).
68GF Score

Get the complete analysis for EH

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.37
Price
$22.02
GF Value