Hesai (HSAI) Construction in Progress (2023 - 2025)

Hesai has reported Construction in Progress for 3 years, with the latest figure at $10.9 million in Q4 2025.

• For the quarter ending Q4 2025, Construction in Progress rose 19.92% year-over-year to $10.9 million; the trailing twelve-month figure through Dec 2025 stood at $10.9 million (up 19.92% YoY), and the FY2025 full-year result was $10.8 million, up 18.35% from the prior year.
• Construction in Progress for Q4 2025 stood at $10.9 million, up from $9.1 million in the prior quarter.
• The five-year high for Construction in Progress was $74.2 million in Q4 2023, with the low at $9.1 million in Q4 2024.
• Historically, Construction in Progress has averaged $31.4 million across 3 years, with a median of $10.9 million in 2025.
• Annual changes were most pronounced in 2024 — Construction in Progress slumped 87.73% — and 2025, when it advanced 19.92%.
• Hesai's Construction in Progress stood at $74.2 million in 2023, then tumbled by 87.73% to $9.1 million in 2024, then increased by 19.92% to $10.9 million in 2025.
• The last three Construction in Progress figures came in at $10.9 million (Q4 2025), $9.1 million (Q4 2024), and $74.2 million (Q4 2023), per Business Quant data.