Hesai HSAI
NASDAQ HSAI
$17.31 -0.09 (-0.52%)
As of: Sep 11, 2026 · 3:59 PM EDT

Hesai (HSAI) Capital Expenditures (2022 - 2025)

Hesai's (HSAI) quarterly Capital Expenditures came in at -$28.4 million in Q2 2025, down 1292.51% on a YoY basis from $2.4 million in Q2 2024, and down 327.76% quarter-over-quarter from $12.5 million in Q1 2025.

Analysis

Hesai (HSAI) Capital Expenditures (2022 - 2025) Analysis & Trends

Hesai (HSAI) has reported Capital Expenditures for 4 consecutive years, with -$28.4 million the latest figure, recorded in Q2 2025.

  • For the quarter ending Q2 2025, Capital Expenditures fell 1292.51% year-over-year to -$28.4 million; the trailing twelve-month figure through Jun 2025 stood at $6.9 million (down 75.7% YoY), and the FY2025 full-year result was -$44.2 million, down 24.42% from the prior year.
  • Capital Expenditures slipped to -$28.4 million in Q2 2025 per HSAI's latest filing, from $12.5 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $274.2 million in Q4 2022 and bottomed at -$28.4 million in Q2 2025.
  • Historically, Capital Expenditures has averaged $40.9 million across 4 years, with a median of $5.4 million in 2023.
  • The widest YoY moves for Capital Expenditures: up 38.9% in 2025, down 1292.51% in 2025.
  • Over 4 years, Capital Expenditures stood at $274.2 million in 2022, then sank by 100.0% to -$1.39 in 2023, then jumped by 171617175.21% to $2.4 million in 2024, then tumbled by 1292.51% to -$28.4 million in 2025.
  • According to Business Quant data, Capital Expenditures over the past three periods registered -$28.4 million, $12.5 million, and $2.4 million for Q2 2025, Q1 2025, and Q2 2024 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Lumentum Holdings 69.45 Bn 66.72 Bn 477.30 Mn 166.80 Mn
2 Coherent 54.01 Bn 52.02 Bn 787.08 Mn 555.68 Mn
3 Zebra Technologies 16.68 Bn 16.52 Bn 825.00 Mn 13.00 Mn
4 Littelfuse 10.93 Bn 10.31 Bn 306.06 Mn 18.93 Mn
5 Vishay Intertechnology 4.54 Bn 3.24 Bn 207.38 Mn 95.20 Mn
6 LG Display 3.29 Bn 2.21 Bn 509.35 Mn -456.66 Mn
7 Knowles 3.15 Bn 3.10 Bn 74.60 Mn 6.50 Mn
8 Bel Fuse 2.81 Bn 2.51 Bn 83.97 Mn 2.25 Mn
9 Hesai 2.40 Bn 1.43 Bn 50.88 Mn -
10 Ouster 2.33 Bn 2.07 Bn 26.69 Mn 2.65 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2025 -28.42 Mn
Mar 31, 2025 12.48 Mn
Jun 30, 2024 2.38 Mn
Mar 31, 2024 20.42 Mn
Dec 31, 2023 -1.39
Sep 30, 2023 5.43 Mn
Dec 31, 2022 274.23 Mn