Hesai Group (HSAI)
NASDAQ: HSAI · Real-Time Price · USD
17.40
-0.90 (-4.92%)
At close: Sep 10, 2026, 4:00 PM EDT
17.48
+0.08 (0.46%)
After-hours: Sep 10, 2026, 7:30 PM EDT
Hesai Group Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
| 860.83 | 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 | |
Revenue Growth (YoY) | 21.86% | 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% |
Cost of Revenue | 515.58 | 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 |
Gross Profit | 345.25 | 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 |
Selling, General & Admin | 116.54 | 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 | -47.31 | 65.05 | 63.16 | 64.04 | 73.02 | 69.21 |
Research & Development | 231.17 | 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 |
Other Operating Expenses | -4.66 | -24.37 | 130.5 | -58.35 | -27.62 | -35.26 | -19.16 | -8.26 | -17.9 | -27.46 | -5.01 | -6.54 | 0.04 | -2.77 | -4.87 | -2.88 | -2.51 | -0.56 | -8.59 | -5.39 |
Operating Expenses | 343.05 | 274.58 | 499.19 | 257.53 | 277.63 | 252.68 | 377.8 | 334.73 | 302.6 | 277.68 | 406.54 | 303.38 | 244.66 | 290.63 | 126.64 | 225.86 | 168.66 | 168.15 | 222.24 | 154.31 |
Operating Income | 2.2 | -8.56 | -88.7 | 77.37 | 22.85 | -33.45 | -96.77 | -77.23 | -95.78 | -138.46 | -175.07 | -167.24 | -113.51 | -128.01 | -3.79 | -102.14 | -69.73 | -41.65 | -85.21 | -44.05 |
Interest Expense | -4.1 | -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 | - | - | - | - | - | - |
Interest & Investment Income | 95.52 | 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 |
Earnings From Equity Investments | - | - | - | -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 | -0.08 | - |
Currency Exchange Gain (Loss) | -23.18 | -24.19 | -14.54 | 8.73 | 6.94 | 1.02 | 23.23 | -13.7 | 3.55 | 1.49 | -7.29 | -2.26 | 15.51 | -6.42 | -4.57 | 15.78 | 10.33 | -0.68 | -3.47 | -0.46 |
Other Non Operating Income (Expenses) | 0.13 | 0.07 | 12.41 | - | -0.02 | -0.69 | -1.07 | -1.48 | 0.28 | -0.21 | - | -0.02 | 0.23 | -0.17 | -0.08 | -0.06 | -1.85 | -0.16 | 0.06 | 0 |
EBT Excluding Unusual Items | 70.55 | 18.32 | -34.21 | 110.81 | 44.18 | -17.62 | -55.77 | -70.42 | -71.69 | -106.68 | -152.42 | -141.81 | -74.4 | -118.93 | 0.99 | -70.77 | -45.07 | -25.09 | -70.33 | -36.06 |
Merger & Restructuring Charges | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -24.6 | - | - | - |
Gain (Loss) on Sale of Investments | - | - | 175.56 | 172.87 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Assets | - | - | 36.97 | - | - | - | - | - | - | - | 12.24 | - | - | - | - | - | - | - | - | - |
Asset Writedown | - | - | -21.85 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | 203.32 | - | - | - | - | - | - | - | -136.3 | - | - | - | 0.3 | -0.3 |
Pretax Income | 70.55 | 18.32 | 156.48 | 283.67 | 44.18 | -17.62 | 147.55 | -70.42 | -71.69 | -106.68 | -140.18 | -141.81 | -74.4 | -118.93 | -135.31 | -70.77 | -69.67 | -25.09 | -70.03 | -36.36 |
Income Tax Expense | 0 | 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 |
Net Income | 70.55 | 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 |
Preferred Dividends & Other Adjustments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.4 | 213.51 | 195.85 | 36.67 | 4.6 | 46.76 |
Net Income to Common | 70.55 | 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 | -135.68 | -284.25 | -265.5 | -61.74 | -74.63 | -82.04 |
Net Income Growth (YoY) | 60.03% | - | 4.22% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding (Basic) | 157 | 156 | 156 | 136 | 132 | 131 | 130 | 130 | 129 | 127 | 126 | 126 | 126 | 121 | 116 | 116 | 116 | 116 | 116 | 111 |
Shares Outstanding (Diluted) | 163 | 163 | 164 | 144 | 139 | 131 | 136 | 130 | 129 | 127 | 126 | 126 | 126 | 121 | 116 | 116 | 116 | 116 | 116 | 111 |
Shares Change (YoY) | 16.96% | 24.11% | 20.76% | 10.48% | 7.84% | 3.24% | 7.21% | 3.26% | 2.72% | 5.08% | 9.48% | 8.88% | 8.76% | 4.88% | -0.10% | 3.74% | 19.77% | 19.77% | 23.18% | 25.66% |
EPS (Basic) | 0.45 | 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 | -0.65 | -0.74 |
EPS (Diluted) | 0.40 | 0.11 | 0.94 | 1.79 | 0.32 | -0.13 | 1.09 | -0.54 | -0.56 | -0.84 | -1.11 | -1.13 | -0.59 | -0.98 | -1.17 | -2.46 | -2.30 | -0.53 | -0.65 | -0.74 |
EPS Growth (YoY) | 25.00% | - | -13.89% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Additional Metrics
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -203.84 | -294.32 | - | - | -195.12 | -134.35 |
Free Cash Flow Per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.76 | -2.55 | - | - | -1.69 | -1.21 |
Gross Margin | 40.11% | 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% |
Operating Margin | 0.26% | -1.26% | -8.87% | 9.73% | 3.23% | -6.37% | -13.44% | -14.32% | -20.87% | -38.55% | -31.20% | -37.54% | -25.78% | -29.77% | -0.93% | -30.59% | -33.02% | -16.77% | -32.61% | -19.63% |
Profit Margin | 8.20% | 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% | -33.16% | -85.14% | -125.72% | -24.85% | -28.56% | -36.55% |
Free Cash Flow Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -49.82% | -88.16% | - | - | -74.67% | -59.86% |
EBITDA | 33.14 | 22.39 | -57.75 | 110.32 | 61.59 | -0.5 | -63.82 | -55.66 | -65.07 | -116.89 | -153.51 | -153.83 | -100.1 | -114.6 | 11.18 | -86.17 | -58.38 | -34.6 | -77.53 | -35.89 |
EBITDA Margin | 3.85% | 3.29% | -5.77% | 13.87% | 8.72% | -0.09% | -8.87% | -10.32% | -14.18% | -32.55% | -27.35% | -34.53% | -22.73% | -26.66% | 2.73% | -25.81% | -27.64% | -13.92% | -29.67% | -15.99% |
D&A For EBITDA | 30.95 | 30.95 | 30.95 | 32.95 | 38.74 | 32.95 | 32.95 | 21.57 | 30.71 | 21.57 | 21.57 | 13.41 | 13.41 | 13.41 | 14.97 | 15.97 | 11.35 | 7.06 | 7.69 | 8.16 |
EBIT | 2.2 | -8.56 | -88.7 | 77.37 | 22.85 | -33.45 | -96.77 | -77.23 | -95.78 | -138.46 | -175.07 | -167.24 | -113.51 | -128.01 | -3.79 | -102.14 | -69.73 | -41.65 | -85.21 | -44.05 |
EBIT Margin | 0.26% | -1.26% | -8.87% | 9.73% | 3.23% | -6.37% | -13.44% | -14.32% | -20.87% | -38.55% | -31.20% | -37.54% | -25.78% | -29.77% | -0.93% | -30.59% | -33.02% | -16.77% | -32.61% | -19.63% |
Effective Tax Rate | 0.00% | 0.01% | 2.11% | 9.69% | 0.21% | - | 0.40% | - | - | - | - | - | - | - | - | - | - | - | - | - |