Hesai Group (HSAI)
NASDAQ: HSAI · Real-Time Price · USD
18.90
-0.99 (-4.98%)
At close: May 29, 2026, 4:00 PM EDT
19.26
+0.36 (1.90%)
After-hours: May 29, 2026, 7:58 PM EDT
Hesai Group Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 3,183 | 3,028 | 2,077 | 1,877 | 1,203 | 720.77 | |
Revenue Growth (YoY) | 41.88% | 45.76% | 10.66% | 56.07% | 66.86% | 73.46% |
Cost of Revenue | 1,871 | 1,762 | 1,193 | 1,216 | 730.68 | 338.97 |
Gross Profit | 1,312 | 1,265 | 884.59 | 661.38 | 471.99 | 381.8 |
Selling, General & Admin | 470.46 | 480.82 | 509.95 | 468.94 | 305.84 | 305.98 |
Research & Development | 818.31 | 796.94 | 855.64 | 790.55 | 555.18 | 368.44 |
Other Operating Expenses | -170.53 | -181.42 | -276.09 | -26.52 | -10.82 | -27.33 |
Total Operating Expenses | 1,118 | 1,096 | 1,089 | 1,233 | 850.2 | 647.08 |
Operating Income | 193.64 | 168.75 | -204.91 | -571.59 | -378.22 | -265.29 |
Interest Income | 166.55 | 130.24 | 104.4 | 99.81 | 58.73 | 32.58 |
Interest Expense | -19.75 | -18.92 | -12.83 | -3.07 | - | - |
Other Non-Operating Income (Expense) | 162.27 | 186.72 | 12.1 | -0.42 | 18.7 | -13.16 |
Total Non-Operating Income (Expense) | 309.07 | 298.04 | 103.68 | 96.33 | 77.43 | 19.43 |
Pretax Income | 502.71 | 466.79 | -101.23 | -475.27 | -300.79 | -245.86 |
Provision for Income Taxes | 30.9 | 30.84 | 1.13 | 0.66 | -0.07 | -1.12 |
Net Income | 471.74 | 435.88 | -102.38 | -475.97 | -747.18 | -2,456 |
Minority Interest in Earnings | 0.06 | 0.07 | 0.01 | 0.05 | 0.05 | 0.08 |
Net Income Attributable to Preferred Dividends | - | - | - | - | 446.42 | 2,211 |
Net Income to Common | 471.74 | 435.88 | -102.38 | -475.97 | -747.18 | -2,456 |
Net Income Growth | 10268.00% | - | - | - | - | - |
Shares Outstanding (Basic) | 145 | 139 | 129 | 125 | 116 | 105 |
Shares Outstanding (Diluted) | 152 | 146 | 129 | 125 | 116 | 105 |
Shares Change (YoY) | 15.70% | 13.35% | 3.53% | 8.00% | 10.05% | 16.79% |
EPS (Basic) | 3.31 | 3.13 | -0.79 | -3.81 | -6.47 | -23.39 |
EPS (Diluted) | 3.16 | 2.98 | -0.79 | -3.81 | -6.47 | -23.39 |
Shares Outstanding | 157.14 | 156.15 | 131.16 | 127.03 | 60.98 | 60.98 |
Free Cash Flow | - | -192.38 | -196.04 | -349.49 | -927.23 | -448.48 |
Free Cash Flow Per Share | - | -1.31 | -1.52 | -2.80 | -8.03 | -4.27 |
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% |
Profit Margin | 14.82% | 14.40% | -4.93% | -25.36% | -25.01% | -33.97% |
FCF Margin | - | -6.35% | -9.44% | -18.62% | -77.10% | -62.22% |
EBITDA | 193.64 | 292.54 | -73.1 | -485.32 | -324.58 | -237.05 |
EBITDA Margin | 6.08% | 9.66% | -3.52% | -25.86% | -26.99% | -32.89% |
EBIT | 193.64 | 168.75 | -204.91 | -571.59 | -378.22 | -265.29 |
EBIT Margin | 6.08% | 5.57% | -9.86% | -30.45% | -31.45% | -36.81% |
Effective Tax Rate | 6.15% | 6.61% | -1.12% | -0.14% | 0.02% | 0.45% |