Hesai Group (HSAI)
NASDAQ: HSAI · Real-Time Price · USD
14.60
-0.16 (-1.08%)
At close: Jul 24, 2026, 4:00 PM EDT
14.51
-0.09 (-0.62%)
After-hours: Jul 24, 2026, 7:41 PM EDT

Hesai Group Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,1833,0282,0771,8771,203720.77
Revenue Growth
41.88%45.76%10.66%56.07%66.86%73.46%
Gross Profit
1,3121,265884.59661.38471.99381.8
Operating Income
193.64168.75-204.91-571.59-378.22-265.29
Net Income
471.68435.88-102.38-475.97-747.18-2,456
Earnings Per Share
0.400.37-0.10-0.48-0.81-2.92
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue from Light Detection and Ranging (LiDAR) Products
2,9732,9731,9471,7351,122685.33
Total Other Product Revenues
9.589.5819.2629.6429.6320.73
Engineering Design, Development and Validation Service and Solution
36.1236.12100.29100.4943.114.03
Other Service Revenues
8.548.5410.8311.617.70.68
Revenue (Total)
3,0283,0282,0771,8771,203720.77

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
5,7174,7553,2013,1411,8592,792
Total Debt
963.18962.71723.16524.2528.610
Net Cash (Debt)
4,7543,7932,4782,6161,8312,792
Net Cash Growth
120.81%53.05%-5.29%42.93%-34.44%211.73%
Net Cash Per Share
3.913.242.402.621.983.32

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
116.99116.9963.557.26-696.02-228.39
Capital Expenditures
-309.37-309.37-259.54-406.75-231.21-220.1
Free Cash Flow
-192.38-192.38-196.04-349.49-927.23-448.48
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
41.22%41.79%42.59%35.24%39.24%52.97%
Operating Margin
6.08%5.57%-9.86%-30.45%-31.45%-36.81%
Pretax Margin
15.79%15.42%-4.87%-25.32%-25.01%-34.11%
Profit Margin
14.82%14.40%-4.93%-25.36%-25.01%-33.97%
FCF Margin
0.00%-6.35%-9.44%-18.62%-77.10%-62.22%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
32.9752.59----
Forward PE
22.4734.44146.15297.72--
PS Ratio
4.952.232.071.42--