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Robotics·HSAI
Hesai Group
NASDAQ · US
LiDAR supplier for automotive, robotaxi, and robotics applications.
AI relevance
3D sensing and LiDAR exposure for robot perception and navigation.
Price
$15.63
Change
-0.27 (-1.70%)
Market cap
$2.0B
52w range
$15–$31
Exchange
NASDAQ
Country
US
Jason's Chips
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Price chart
HSAI market performance
Daily close for Hesai Group
- Latest close
- $15.61
- Range move
- -$5.17 (-24.9%)
- Range high
- $29.80
- Range low
- $15.03
- Latest volume
- 858.9K
- Source
- FMP EOD
Downloads
CSVExports
Download statements, ratios, chart data, and transcript indexes.
Income statement
7 annual rowsRevenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.
Balance sheet
7 annual rowsCash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.
Cash flow
7 annual rowsOperating cash flow, capital expenditures, and free cash flow.
Key metrics
7 annual rowsEnterprise value, valuation multiples, returns, yields, and cash conversion.
Ratios
7 annual rowsMargins, liquidity ratios, valuation ratios, leverage, and per-share metrics.
Chart data
845 rowsFive years of daily close and volume data powering the company chart.
Transcript list
13 rowsAvailable earnings-call transcript dates by fiscal year and quarter.
StreetBuy
Analyst expectations
Rating consensus3 ratings
Strong buy
0
Buy
2
Hold
1
Sell
0
Strong sell
0
Annual estimates
| Period | Revenue avg | Revenue range | EPS avg | EPS range | EBITDA avg | EBIT avg | Net income avg | SG&A avg | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| 2026-12-31 | $4.38B | $4.31B - $4.45B | $3.54 | $2.57 - $4.51 | -$448.8M | -$634.5M | $518.4M | $1.17B | 12 rev / 9 EPS |
| 2027-12-31 | $6.06B | $5.96B - $6.16B | $5.94 | $4.60 - $7.23 | -$621.3M | -$878.4M | $866.5M | $1.62B | 16 rev / 10 EPS |
| 2028-12-31 | $7.83B | $7.23B - $8.70B | $8.51 | $5.45 - $13.19 | -$803.4M | -$1.14B | $1.36B | $2.09B | 20 rev / 13 EPS |
| 2029-12-31 | $8.50B | $7.84B - $9.44B | $10.27 | $9.24 - $11.75 | -$871.8M | -$1.23B | $1.50B | $2.27B | 11 rev / 11 EPS |
| 2030-12-31 | $9.85B | $9.08B - $10.94B | $12.17 | $10.94 - $13.92 | -$1.01B | -$1.43B | $1.78B | $2.63B | 11 rev / 5 EPS |
Quarterly estimates
| Period | Revenue avg | Revenue range | EPS avg | EPS range | EBITDA avg | EBIT avg | Net income avg | SG&A avg | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $855.5M | $832.4M - $880.8M | $0.75 | $0.65 - $0.86 | -$87.7M | -$124.0M | $122.7M | $228.1M | 5 rev / 2 EPS |
| 2026-09-30 | $1.17B | $1.11B - $1.24B | $1.32 | $1.28 - $1.36 | -$119.8M | -$169.4M | $215.7M | $311.5M | 3 rev / 2 EPS |
| 2026-12-31 | $1.67B | $1.61B - $1.76B | $1.98 | $1.88 - $2.11 | -$171.6M | -$242.6M | $323.0M | $446.0M | 2 rev / 1 EPS |
| 2027-03-31 | $945.1M | $907.8M - $992.4M | $0.93 | $0.89 - $1.00 | -$96.9M | -$137.0M | $152.4M | $252.0M | 1 rev / 1 EPS |
| 2027-06-30 | $1.39B | $1.33B - $1.45B | $1.21 | $1.14 - $1.28 | -$142.1M | -$200.8M | $196.6M | $369.3M | 2 rev / 1 EPS |
| 2027-09-30 | $1.61B | $1.55B - $1.70B | $1.48 | $1.40 - $1.57 | -$165.6M | -$234.1M | $240.7M | $430.4M | 2 rev / 1 EPS |
| 2027-12-31 | $2.24B | $2.15B - $2.35B | $2.23 | $2.11 - $2.37 | -$229.5M | -$324.5M | $363.4M | $596.7M | 1 rev / 1 EPS |
| 2028-03-31 | $1.23B | $1.18B - $1.29B | $1.29 | $1.22 - $1.37 | -$126.1M | -$178.2M | $210.2M | $327.7M | 1 rev / 1 EPS |
Price target history
| Window | Targets | Average target |
|---|---|---|
| Last month | 0 | $0.00 |
| Last quarter | 0 | $0.00 |
| Last year | 2 | $33.75 |
| All time | 2 | $33.75 |
Sources: TheFly
Latest grade actions
| Date | Firm | Action | Previous | New |
|---|---|---|---|---|
| 2026-05-20 | Amerx | Maintain | Hold | Hold |
| 2025-09-22 | Goldman Sachs | Maintain | Buy | Buy |
| 2025-07-28 | Morgan Stanley | Upgrade | Equal Weight | Overweight |
| 2023-08-18 | Goldman Sachs | Downgrade | Buy | Neutral |
Historical rating snapshots
| Date | Strong buy | Buy | Hold | Sell | Strong sell |
|---|---|---|---|---|---|
| 2026-06-01 | 5 | 17 | 0 | 0 | 0 |
| 2026-05-01 | 5 | 17 | 0 | 0 | 0 |
| 2026-04-01 | 5 | 17 | 0 | 0 | 0 |
| 2026-03-01 | 5 | 17 | 0 | 0 | 0 |
| 2026-02-01 | 4 | 17 | 0 | 0 | 0 |
| 2026-01-01 | 3 | 16 | 0 | 0 | 0 |
| 2025-12-01 | 3 | 17 | 0 | 0 | 0 |
| 2025-11-01 | 3 | 16 | 0 | 0 | 0 |
FinancialsFY 2025
Financials
Income statement annual
| Period | Revenue | Gross profit | Gross margin | R&D | Operating income | EBITDA | Net income | EPS |
|---|---|---|---|---|---|---|---|---|
| FY 2025 | $3.03B | $1.27B | 41.8% | $796.9M | $123.5M | $609.5M | $435.9M | $3.08 |
| FY 2024 | $2.08B | $884.6M | 42.6% | $855.6M | -$204.9M | -$2.2M | -$102.4M | $-0.79 |
| FY 2023 | $1.88B | $661.4M | 35.2% | $790.5M | -$571.6M | -$385.9M | -$476.0M | $-3.81 |
| FY 2022 | $1.20B | $472.0M | 39.2% | $555.2M | -$378.2M | -$247.2M | -$300.8M | $-5.95 |
| FY 2021 | $720.8M | $381.8M | 53.0% | $368.4M | -$265.3M | -$217.6M | -$244.8M | $-23.39 |
| FY 2020 | $415.5M | $238.9M | 57.5% | $229.7M | -$101.8M | -$82.6M | -$107.2M | $-1.19 |
| FY 2019 | $348.1M | $244.7M | 70.3% | $149.8M | -$148.1M | $21.8M | -$120.2M | $-0.96 |
Cash flow annual
| Period | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|
| FY 2025 | $113.8M | $332.9M | -$187.1M |
| FY 2024 | $63.5M | $259.5M | -$207.9M |
| FY 2023 | $57.3M | $406.7M | -$357.4M |
| FY 2022 | -$696.0M | $231.2M | -$936.4M |
| FY 2021 | -$228.4M | $220.1M | -$510.0M |
| FY 2020 | -$352.0M | $66.0M | -$428.6M |
| FY 2019 | $46.2M | $39.6M | $6.6M |
Balance sheet annual
| Period | Cash + ST inv. | Receivables | Inventory | PP&E | Assets | Debt | Net debt | Liabilities | Equity |
|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | $4.76B | $1.36B | $670.9M | $1.21B | $11.27B | $963.3M | -$705.2M | $2.30B | $8.96B |
| FY 2024 | $3.20B | $797.3M | $482.1M | $1.06B | $5.99B | $739.3M | -$2.10B | $2.06B | $3.93B |
| FY 2023 | $3.16B | $544.5M | $495.9M | $1.10B | $5.66B | $559.2M | -$995.3M | $1.80B | $3.86B |
| FY 2022 | $1.86B | $509.4M | $646.9M | $595.4M | $3.84B | $63.6M | -$849.7M | $997.7M | -$3.15B |
| FY 2021 | $2.79B | $245.3M | $376.2M | $376.8M | $3.95B | $0 | -$449.4M | $902.5M | -$2.49B |
| FY 2020 | $902.7M | $94.7M | $149.9M | $73.6M | $1.31B | $0 | -$256.7M | $174.9M | $1.14B |
| FY 2019 | $147.0M | $7.6M | $11.4M | $7.4M | $178.4M | $0 | -$16.2M | $45.0M | $133.4M |
Annual ratios and key metrics
| Period | Gross margin | Op margin | Net margin | Current | Quick | ROE | ROIC | EV / sales | EV / EBITDA | FCF yield | R&D / rev. | Cash cycle |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | 41.8% | 4.1% | 14.4% | 3.7x | 3.4x | 4.9% | 1.2% | 7.0x | 34.6x | -0.9% | 26.3% | 180d |
| FY 2024 | 42.6% | -9.9% | -4.9% | 2.9x | 2.6x | -2.6% | -4.3% | 5.3x | -5082.0x | -1.6% | 41.2% | 182d |
| FY 2023 | 35.2% | -30.5% | -25.4% | 3.3x | 2.9x | -12.3% | -12.8% | 3.7x | -17.9x | -4.5% | 42.1% | 172d |
| FY 2022 | 39.2% | -31.4% | -25.0% | 3.3x | 2.6x | 9.6% | -13.0% | 14.4x | -70.3x | -5.1% | 46.2% | 374d |
| FY 2021 | 53.0% | -36.8% | -34.0% | 3.9x | 3.5x | 9.8% | -8.6% | 22.7x | -75.1x | -3.0% | 51.1% | 446d |
| FY 2020 | 57.5% | -24.5% | -25.8% | 7.3x | 6.4x | -9.4% | -8.9% | 30.8x | -155.2x | -3.3% | 55.3% | 278d |
| FY 2019 | 70.3% | -42.5% | -34.5% | 4.3x | 4.0x | -90.1% | -106.2% | 37.2x | 595.2x | 0.1% | 43.0% | 39d |
Annual growth
| Period | Revenue | Gross profit | R&D | Op income | Net income | EPS | FCF | Capex | Cash + ST inv. | Inventory | Assets | Debt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | +45.8% | +43.0% | -6.9% | +160.3% | +525.8% | +489.9% | +10.0% | -10.9% | +48.8% | +39.1% | +88.1% | +30.3% |
| FY 2024 | +10.7% | +33.7% | +8.2% | +64.2% | +78.5% | +79.3% | +41.8% | +34.6% | +1.2% | -2.8% | +5.8% | +32.2% |
| FY 2023 | +56.1% | +40.1% | +42.4% | -51.1% | -58.3% | +36.0% | +61.8% | -72.5% | +70.1% | -23.3% | +47.5% | +779.5% |
| FY 2022 | +66.9% | +23.6% | +50.7% | -42.6% | -22.8% | +74.6% | -83.6% | +14.6% | -33.4% | +71.9% | -2.9% | 0.0% |
| FY 2021 | +73.5% | +59.8% | +60.4% | -160.6% | -128.3% | -1865.5% | -19.0% | -267.7% | +209.3% | +151.0% | +201.2% | 0.0% |
| FY 2020 | +19.4% | -2.4% | +53.3% | +31.2% | +10.8% | -24.0% | -6603.7% | -93.5% | +514.2% | +1211.3% | +635.7% | 0.0% |
| FY 2019 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
SegmentsFY 2025
Revenue Mix
Latest product mixFY 2025 · $3.03B
Revenue From Lidar Products$2.97B · 98.2%
Engineering Design, Development And Validation Service And Solution Revenue$36.1M · 1.2%
Other Product Revenues$9.6M · 0.3%
Service, Other$8.5M · 0.3%
Latest geography mixFY 2025 · $3.03B
CHINA$2.35B · 77.8%
North America$451.7M · 14.9%
Europe$140.0M · 4.6%
Other Geographical Region$81.2M · 2.7%
Product revenue annual
| Period | Total | Revenue From Lidar Products | Engineering Design, Development And Validation Service And Solution Revenue | Other Product Revenues | Service, Other |
|---|---|---|---|---|---|
| FY 2025 | $3.03B | $2.97B | $36.1M | $9.6M | $8.5M |
| FY 2024 | $2.08B | $1.95B | $100.3M | $19.3M | $10.8M |
| FY 2023 | $1.85B | $1.74B | $100.5M | $2.8M | $11.6M |
| FY 2022 | $1.17B | $1.12B | $43.1M | $5.7M | -- |
Geography revenue annual
| Period | Total | Mainland China | CHINA | North America | Europe | Other Geographical Region |
|---|---|---|---|---|---|---|
| FY 2025 | $3.03B | -- | $2.35B | $451.7M | $140.0M | $81.2M |
| FY 2024 | $2.08B | $1.54B | -- | $280.9M | $161.1M | $92.4M |
| FY 2023 | $1.88B | $991.9M | -- | $748.1M | $70.5M | $66.4M |
| FY 2022 | $1.20B | $697.3M | -- | $358.5M | $86.2M | $60.7M |
Transcripts13 on file
Transcripts
Events
Events
Next earnings
2026-08-13EPS est $0.11
Latest news
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