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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |