Hesai Group (HSAI)

Hesai Group Revenue

Hesai Group had revenue of 1.07B CNY in the quarter ending September 30, 2026, with 34.31% growth. This brings the company's total for the last twelve months to 3.61B, up 31.43% year-over-year. In the year 2025, Hesai Group had annual revenue of 3.03B with 45.76% growth.

• Revenue (ttm): 3.61B CNY
• Revenue Growth: +31.43%
• P/S Ratio: 4.26
• Revenue / Employee: 2,890,443 CNY
• Employees: 1,249
• Market Cap: 2.18B USD

Revenue Chart

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* This company reports financials in CNY.

Revenue by Segment

By Segment

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• Revenue from Light Detection and Ranging (LiDAR) Products 2.97B 98.2%
• Engineering Design, Development and Validation Service and Solution 36.12M 1.2%
• Total Other Product Revenues 9.58M 0.3%
• Other Service Revenues 8.54M 0.3%

By Geography

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• Chinese Mainland 2.35B 77.8%
• North America 451.69M 14.9%
• Europe 140.00M 4.6%
• Other Regions 81.16M 2.7%

Fiscal year ended Dec 31, 2025 See the full Hesai Group breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	3.03B	950.42M	45.76%
Dec 31, 2024	2.08B	200.17M	10.66%
Dec 31, 2023	1.88B	674.32M	56.07%
Dec 31, 2022	1.20B	481.90M	66.86%
Dec 31, 2021	720.77M	305.25M	73.46%
Dec 31, 2020	415.51M	67.43M	19.37%
Dec 31, 2019	348.08M	-	-

Data Source: Fiscal.ai Last updated: Nov 11, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 12, 2026

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