Hesai Group (HSAI)
NASDAQ: HSAI · Real-Time Price · USD
12.14
-1.05 (-7.96%)
At close: Oct 22, 2026, 4:00 PM EDT
12.11
-0.03 (-0.25%)
After-hours: Oct 22, 2026, 7:56 PM EDT

Hesai Group Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,3373,0282,0771,8771,203720.77
Revenue Growth
33.98%45.76%10.66%56.07%66.86%73.46%
Gross Profit
1,3571,265884.59661.38471.99381.8
Operating Income
-17.7-21.93-408.23-629.04-378.22-265.29
Net Income
498.21435.88-102.38-475.97-747.18-2,456
Earnings Per Share
3.192.98-0.79-3.81-6.47-23.39
EPS Growth
330.89%-----

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue from Light Detection and Ranging (LiDAR) Products
3,2592,9731,9471,7351,122685.33
Total Other Product Revenues
7.889.5819.2629.6429.6320.73
Engineering Design, Development and Validation Service and Solution
-36.12100.29100.4943.114.03
Other Service Revenues
5.828.5410.8311.617.70.68
Revenue (Total)
3,3373,0282,0771,8771,203720.77

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
6,6504,7653,2123,1631,8712,801
Total Debt
705.68849.28729.16551.9963.59-
Net Cash (Debt)
5,9443,9162,4832,6111,8082,801
Net Cash Growth
196.49%57.71%-4.89%44.43%-35.47%210.30%
Net Cash Per Share
37.5226.7419.2220.9215.6526.68

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
279.86116.9963.557.26-696.02-228.39
Capital Expenditures
-335.78-309.37-259.54-406.75-231.21-220.1
Free Cash Flow
-55.92-192.38-196.04-349.49-927.23-448.48
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
40.65%41.79%42.59%35.24%39.25%52.97%
Operating Margin
-0.53%-0.72%-19.65%-33.51%-31.45%-36.81%
Pretax Margin
15.85%15.42%-4.87%-25.32%-25.01%-34.12%
Profit Margin
14.93%14.40%-4.93%-25.36%-62.13%-340.77%
FCF Margin
-1.68%-6.35%-9.44%-18.62%-77.10%-62.22%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
25.8456.12----
Forward PE
16.9534.44146.15297.72--
PS Ratio
3.878.086.194.23--