HSAINasdaqGeneral Industrial Machinery & Equipment, NECFiscal year ends December 31Also trades as HSIGF

Hesai Group

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 24, 2026

$12.92+0.50 (+4.03%)

Close on Oct 19, 2026

Earnings

Quarterly results announced on Form 8-K, Item 2.02

Quarter	Reported	Time	Revenue	EPS (GAAP)	EPS (adjusted)
Q4 FY2025 Ended Dec 31, 2025	Mar 24, 2026	Before market open	$1.00B	$0.94	$1.11
Q4 FY2024 Ended Dec 31, 2024	Mar 11, 2025	Before market open	$719.80M	$1.08	$1.26
Q4 FY2023 Ended Dec 31, 2023	Mar 12, 2024	Before market open	$561.20M	$-1.11	$-0.79
Q4 FY2022 Ended Dec 31, 2022	Mar 16, 2023	Before market open	–	–	–

Company guidance

Outlook given with results on Mar 24, 2026, compared with the previous outlook

Measure	Period	Guidance	vs. prior
lidar shipments	2026	3 to 3.5	New
net revenues	first quarter of 2026	650 to 700	New

Figures and the sentence they come from are taken from the company's earnings release. Hover a measure to read the source sentence.

Press releases

Announcements Hesai filed with the SEC

Sep 8, 2026, 8:44 AM ET
Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in
EX-99.1 to Form 6-K
Aug 28, 2026, 7:54 AM ET
Hong Kong Exchanges and Clearing Limited and
EX-99.1 to Form 6-K
Aug 18, 2026, 6:12 AM ET
Hesai Group Reports Second Quarter 2026 Unaudited Financial
EX-99.1 to Form 6-K
Aug 18, 2026, 6:12 AM ET
Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,
EX-99.2 to Form 6-K
Jul 31, 2026, 9:09 AM ET
Group to Hold 2026 Second Extraordinary General Meeting on August 28, 2026
EX-99.1 to Form 6-K
Jul 31, 2026, 9:09 AM ET
and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no
EX-99.2 to Form 6-K
Jul 31, 2026, 9:09 AM ET
THIS CIRCULAR IS IMPORTANT AND REQUIRES
EX-99.3 to Form 6-K
Jul 27, 2026, 7:57 AM ET
Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,
EX-99.1 to Form 6-K
Jul 10, 2026, 8:07 AM ET
Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,
EX-99.1 to Form 6-K
Jul 8, 2026, 7:48 AM ET
Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,
EX-99.1 to Form 6-K
Jul 7, 2026, 8:22 AM ET
Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in
EX-99.1 to Form 6-K
Jun 26, 2026, 8:29 AM ET
Hong Kong Exchanges and Clearing
EX-99.1 to Form 6-K
Jun 12, 2026, 8:51 AM ET
Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,
EX-99.1 to Form 6-K
Jun 5, 2026, 9:03 AM ET
Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in
EX-99.1 to Form 6-K
May 26, 2026, 4:04 PM ET
Hesai Group to Hold Annual General Meeting on
EX-99.1 to Form 6-K
May 26, 2026, 4:04 PM ET
Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,
EX-99.2 to Form 6-K
May 26, 2026, 4:04 PM ET
CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION
EX-99.3 to Form 6-K
May 20, 2026, 9:13 AM ET
Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,
EX-99.1 to Form 6-K
May 19, 2026, 4:01 PM ET
Group Reports First Quarter 2026 Unaudited Financial Results
EX-99.1 to Form 6-K
May 8, 2026, 4:04 PM ET
Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in
EX-99.1 to Form 6-K
May 8, 2026, 4:04 PM ET
Hong Kong Exchanges and Clearing Limited
EX-99.2 to Form 6-K
Apr 27, 2026, 7:02 AM ET
and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no
EX-99.1 to Form 6-K
Apr 10, 2026, 8:47 AM ET
Hong Kong Exchanges and Clearing Limited
EX-99.1 to Form 6-K
Apr 10, 2026, 8:39 AM ET
Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in
EX-99.1 to Form 6-K
Mar 25, 2026, 9:21 AM ET
Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,
EX-99.1 to Form 6-K
Mar 25, 2026, 9:21 AM ET
and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no
EX-99.2 to Form 6-K
Mar 24, 2026, 7:28 AM ET
Group Reports Fourth Quarter and Full Year 2025 Unaudited Financial Results
EX-99.1 to Form 6-K
Mar 24, 2026, 7:28 AM ET
Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,
EX-99.2 to Form 6-K
Mar 5, 2026, 6:30 AM ET
Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in
EX-99.1 to Form 6-K
Mar 5, 2026, 6:29 AM ET
and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no
EX-99.1 to Form 6-K
Mar 3, 2026, 9:17 AM ET
Group Announces Results of Extraordinary General Meeting, Class A Meeting and Class B Meeting
EX-99.1 to Form 6-K
Mar 3, 2026, 9:17 AM ET
Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement,
EX-99.2 to Form 6-K
Jan 26, 2026, 9:11 AM ET
Hesai Group to Hold Extraordinary General Meeting
EX-99.1 to Form 6-K
Jan 26, 2026, 9:11 AM ET
CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION
EX-99.2 to Form 6-K
Jan 26, 2026, 9:11 AM ET
Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this notice,
EX-99.3 to Form 6-K
Jan 20, 2026, 6:25 AM ET
Hong Kong Exchanges and Clearing Limited
EX-99.1 to Form 6-K
Jan 8, 2026, 8:24 AM ET
Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in
EX-99.1 to Form 6-K
Dec 5, 2025, 4:04 PM ET
Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in
EX-99.1 to Form 6-K
Nov 13, 2025, 7:47 AM ET
and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no
EX-99.1 to Form 6-K
Nov 12, 2025, 6:26 AM ET
Hesai Group Reports Third Quarter 2025 Unaudited
EX-99.1 to Form 6-K

Where these numbers come from

Parsed from the XBRL in Hesai's annual and quarterly filings with the SEC
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing

Against peers

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is HSAI.

Revenue growth45.8% · median 15.1%

Gross margin41.8% · median 43.3%

Operating margin5.6% · median 6.0%

Net margin14.4% · median 3.0%

Company	Revenue	Growth
HSAI	CN¥3.03B	+45.8%
ESAB	$3.00B	+9.7%
NDSN	$2.98B	+7.0%
SYM	$2.65B	+20.6%
OUST	$204.91M	+62.8%
ATS	–	–

Company

Exchange: Nasdaq
Industry: General Industrial Machinery & Equipment, NEC
Fiscal year ends: December 31
Employees: 1,118
Auditor: Deloitte Touche Tohmatsu Certified Public Accountants LLP
SEC CIK: 1861737

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