EHang (EH) shares were down over 21% in afternoon trading on Tuesday after the company posted a wider net loss and lower revenue for Q1.

The company reported a Q1 adjusted net loss of 1 renminbi (about $0.15) per diluted American depositary share, wider than a loss of 0.42 renminbi a year earlier.

Revenue for the quarter ended March 31 was 25.7 million renminbi, down from 26.1 million renminbi a year earlier.

Three analysts surveyed by FactSet expected 61.2 million renminbi.

For 2026, EHang said it maintained its revenue guidance at 600 million renminbi. Analysts expect revenue of 587.5 million renminbi.

Price: 6.86, Change: -1.86, Percent Change: -21.30