Hesai Group (HSAI)
NASDAQ: HSAI · Real-Time Price · USD
15.60
-0.30 (-1.89%)
Jun 24, 2026, 2:49 PM EDT - Market open
Hesai Group Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
| 680.56 | 1,000 | 795.4 | 706.39 | 525.3 | 719.76 | 539.42 | 458.86 | 359.12 | 561.18 | 445.56 | 440.31 | 429.93 | 409.19 | 333.85 | 211.18 | 248.45 | 261.33 | 224.44 | 117.5 | |
Revenue Growth (YoY) | 29.55% | 39.00% | 47.46% | 53.94% | 46.27% | 28.26% | 21.06% | 4.21% | -16.47% | 37.15% | 33.46% | 108.50% | 73.05% | 56.58% | 48.75% | 79.73% | 111.45% | 60.82% | 30.75% | 188.87% |
Cost of Revenue | 414.54 | 590 | 460.5 | 405.91 | 306.07 | 438.73 | 281.91 | 252.04 | 219.9 | 329.72 | 309.43 | 309.16 | 267.3 | 286.34 | 210.13 | 112.26 | 121.95 | 124.3 | 114.19 | 50.24 |
Gross Profit | 266.02 | 410.48 | 334.9 | 300.48 | 219.24 | 281.03 | 257.5 | 206.83 | 139.22 | 231.47 | 136.13 | 131.15 | 162.63 | 122.84 | 123.73 | 98.92 | 126.49 | 137.03 | 110.26 | 67.26 |
Selling, General & Admin | 94.28 | 153.14 | 117.02 | 106.03 | 104.63 | 154.58 | 122.74 | 121.89 | 110.73 | 183.07 | 117.34 | 83.62 | 84.91 | 88.99 | 65.05 | 87.76 | 64.04 | 72.72 | 69.51 | 81.87 |
Research & Development | 204.67 | 215.55 | 198.86 | 199.22 | 183.31 | 242.38 | 220.25 | 198.61 | 194.4 | 228.48 | 192.57 | 161 | 208.5 | 178.82 | 163.69 | 108 | 104.67 | 157.81 | 90.49 | 60.07 |
Other Operating Expenses | -24.37 | -60.19 | -58.35 | -27.62 | -35.26 | -222.48 | -8.26 | -17.9 | -27.46 | -17.25 | -6.54 | 0.04 | -2.77 | -4.87 | -2.88 | -2.51 | -0.56 | -8.59 | -5.39 | -6.67 |
Total Operating Expenses | 274.58 | 308.5 | 257.53 | 277.63 | 252.68 | 174.48 | 334.73 | 302.6 | 277.68 | 394.3 | 303.38 | 244.66 | 290.63 | 262.94 | 225.86 | 193.26 | 168.15 | 221.94 | 154.61 | 135.27 |
Operating Income | -8.56 | 101.98 | 77.37 | 22.85 | -33.45 | 106.55 | -77.23 | -95.78 | -138.46 | -162.83 | -167.24 | -113.51 | -128.01 | -140.1 | -102.14 | -94.33 | -41.65 | -84.91 | -44.35 | -68.01 |
Interest Income | 56.83 | 60.76 | 27.99 | 20.97 | 20.52 | 22.5 | 25.51 | 23.6 | 32.8 | 30.79 | 28.9 | 23.99 | 16.13 | 9.45 | 15.67 | 16.2 | 17.42 | 18.38 | 8.44 | 2.88 |
Interest Expense | -5.83 | -4.14 | -3.23 | -6.55 | -5.01 | -3.65 | -3.56 | -3.33 | -2.29 | -0.83 | -1.17 | -0.61 | -0.46 | - | - | - | - | - | - | - |
Other Non-Operating Income (Expense) | -24.12 | -2.12 | 181.6 | 6.92 | 0.33 | 22.16 | -15.17 | 3.83 | 1.28 | -7.29 | -2.28 | 15.74 | -6.58 | -4.65 | 15.71 | 8.48 | -0.84 | -3.5 | -0.45 | -4.65 |
Total Non-Operating Income (Expense) | 26.88 | 54.5 | 206.36 | 21.34 | 15.84 | 41.01 | 6.79 | 24.09 | 31.79 | 22.67 | 25.45 | 39.12 | 9.09 | 4.8 | 31.38 | 24.68 | 16.58 | 14.88 | 7.99 | -1.77 |
Pretax Income | 18.32 | 156.48 | 283.72 | 44.19 | -17.6 | 147.56 | -70.44 | -71.69 | -106.67 | -140.17 | -141.79 | -74.39 | -118.92 | -135.3 | -70.76 | -69.66 | -25.07 | -70.03 | -36.36 | -69.78 |
Provision for Income Taxes | 0 | 3.31 | 27.5 | 0.09 | -0.07 | 0.58 | -0.07 | 0.37 | 0.25 | 0.73 | -0.04 | -0.02 | -0.02 | -0.02 | -0.02 | -0.01 | -0.01 | -0 | -1.08 | -0.02 |
Net Income | 18.32 | 153.17 | 256.17 | 44.09 | -17.55 | 146.96 | -70.36 | -72.06 | -106.93 | -140.91 | -141.77 | -74.38 | -118.91 | -135.29 | -70.75 | -69.65 | -25.07 | -70.03 | -35.28 | -69.76 |
Minority Interest in Earnings | - | - | 0.05 | 0.01 | 0.01 | 0.01 | -0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | - | - | - |
Net Income Attributable to Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.4 | 213.51 | 195.85 | 36.67 | 4.6 | 46.76 | 1,080 |
Net Income to Common | 18.32 | 153.17 | 256.17 | 44.08 | -17.56 | 146.96 | -70.36 | -72.06 | -106.94 | -140.91 | -141.77 | -74.38 | -118.91 | -135.68 | -284.25 | -265.5 | -61.74 | -74.63 | -82.04 | -1,150 |
Net Income Growth | - | 4.22% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding (Basic) | 156 | 156 | 136 | 132 | 131 | 130 | 130 | 129 | 127 | 126 | 126 | 126 | 121 | 116 | 116 | 116 | 116 | 105 | 111 | 96 |
Shares Outstanding (Diluted) | 163 | 163 | 144 | 139 | 131 | 136 | 130 | 129 | 127 | 126 | 126 | 126 | 121 | 116 | 116 | 116 | 116 | 105 | 111 | 96 |
Shares Change (YoY) | 24.11% | 20.03% | 10.48% | 7.83% | 3.24% | 7.21% | 3.26% | 2.72% | 5.08% | 9.48% | 8.88% | 8.76% | 4.88% | 10.05% | 3.74% | 19.77% | 19.77% | 11.82% | 25.66% | 8.96% |
EPS (Basic) | 0.12 | 0.98 | 1.88 | 0.33 | -0.13 | 1.13 | -0.54 | -0.56 | -0.84 | -1.11 | -1.13 | -0.59 | -0.98 | -1.17 | -2.46 | -2.30 | -0.53 | -0.71 | 0.36 | -11.92 |
EPS (Diluted) | 0.11 | 0.94 | 1.79 | 0.32 | -0.13 | 1.08 | -0.54 | -0.56 | -0.84 | -1.11 | -1.13 | -0.59 | -0.98 | -1.17 | -2.46 | -2.30 | -0.53 | -0.71 | 0.36 | -11.92 |
EPS Growth | - | -12.96% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Free Cash Flow | 0 | 93.96 | 93.96 | -65.44 | -314.86 | 156.62 | 156.62 | -97.82 | -411.45 | 0 | 0 | 0 | 0 | -203.84 | -294.32 | -214.53 | -214.53 | -195.12 | -134.35 | -59.51 |
Free Cash Flow Growth | - | -40.01% | -40.01% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Free Cash Flow Per Share | - | 0.58 | 0.65 | -0.47 | -2.40 | 1.15 | 1.21 | -0.76 | -3.23 | - | - | - | - | -1.76 | -2.55 | -1.86 | -1.86 | -1.86 | -1.21 | -0.62 |
Gross Margin | 39.09% | 41.03% | 42.10% | 42.54% | 41.73% | 39.05% | 47.74% | 45.07% | 38.77% | 41.25% | 30.55% | 29.79% | 37.83% | 30.02% | 37.06% | 46.84% | 50.91% | 52.43% | 49.12% | 57.24% |
Operating Margin | -1.26% | 10.19% | 9.73% | 3.24% | -6.37% | 14.80% | -14.32% | -20.87% | -38.55% | -29.02% | -37.54% | -25.78% | -29.77% | -34.24% | -30.59% | -44.67% | -16.77% | -32.49% | -19.76% | -57.88% |
Profit Margin | 2.69% | 15.31% | 32.21% | 6.24% | -3.34% | 20.42% | -13.04% | -15.70% | -29.77% | -25.11% | -31.82% | -16.89% | -27.66% | -33.06% | -21.19% | -32.98% | -10.09% | -26.80% | -15.72% | -59.37% |
FCF Margin | 0.00% | 9.39% | 11.81% | -9.26% | -59.94% | 21.76% | 29.03% | -21.32% | -114.57% | 0.00% | 0.00% | 0.00% | 0.00% | -49.82% | -88.16% | -101.58% | -86.35% | -74.66% | -59.86% | -50.64% |
EBITDA | -8.56 | 125.14 | 100.52 | 65.5 | 1.38 | 141.75 | -42.03 | -69.25 | -103.56 | -162.83 | -167.24 | -113.51 | -128.01 | -125.13 | -86.17 | -82.98 | -30.3 | -77.23 | -36.19 | -61.82 |
EBITDA Margin | -1.26% | 12.51% | 12.64% | 9.27% | 0.26% | 19.69% | -7.79% | -15.09% | -28.84% | -29.02% | -37.54% | -25.78% | -29.77% | -30.58% | -25.81% | -39.29% | -12.20% | -29.55% | -16.13% | -52.61% |
EBIT | -8.56 | 101.98 | 77.37 | 22.85 | -33.45 | 106.55 | -77.23 | -95.78 | -138.46 | -162.83 | -167.24 | -113.51 | -128.01 | -140.1 | -102.14 | -94.33 | -41.65 | -84.91 | -44.35 | -68.01 |
EBIT Margin | -1.26% | 10.19% | 9.73% | 3.24% | -6.37% | 14.80% | -14.32% | -20.87% | -38.55% | -29.02% | -37.54% | -25.78% | -29.77% | -34.24% | -30.59% | -44.67% | -16.77% | -32.49% | -19.76% | -57.88% |
Effective Tax Rate | 0.01% | 2.11% | 9.69% | 0.21% | 0.38% | 0.40% | 0.10% | -0.51% | -0.23% | -0.52% | 0.03% | 0.02% | 0.01% | 0.02% | 0.03% | 0.02% | 0.04% | 0.00% | 2.96% | 0.03% |