Hesai (HSAI) Cost of Revenue (2021 - 2026)

Hesai (HSAI) has reported Cost of Revenue for 6 consecutive years, with $76.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue rose 34.1% year-over-year to $76.0 million; the trailing twelve-month figure through Jun 2026 stood at $285.1 million (up 43.2% YoY), and the FY2025 full-year result was $252.0 million, up 54.26% from the prior year.
• Cost of Revenue climbed to $76.0 million in Q2 2026 per HSAI's latest filing, from $60.1 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $84.4 million in Q4 2025 and bottomed at $17.0 million in Q2 2022.
• Historically, Cost of Revenue has averaged $46.0 million across 5 years, with a median of $42.3 million in 2023.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue soared 150.44% in 2023, then retreated 21.75% in 2024.
• Over 5 years, Cost of Revenue stood at $41.5 million in 2022, then gained by 11.86% to $46.4 million in 2023, then rose by 29.43% to $60.1 million in 2024, then jumped by 40.37% to $84.4 million in 2025, then slipped by 9.94% to $76.0 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $76.0 million, $60.1 million, and $84.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.