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Hesai (HSAI) Gross Margin (2021 - 2025)

Historic Gross Margin for Hesai (HSAI) over the last 5 years, with Q3 2025 value amounting to 42.1%.

  • Hesai's Gross Margin fell 56300.0% to 42.1% in Q3 2025 from the same period last year, while for Sep 2025 it was 41.36%, marking a year-over-year decrease of 44400.0%. This contributed to the annual value of 42.59% for FY2024, which is 73500.0% up from last year.
  • Per Hesai's latest filing, its Gross Margin stood at 42.1% for Q3 2025, which was down 56300.0% from 42.54% recorded in Q2 2025.
  • Hesai's 5-year Gross Margin high stood at 52.43% for Q4 2021, and its period low was 29.79% during Q2 2023.
  • For the 5-year period, Hesai's Gross Margin averaged around 40.86%, with its median value being 41.49% (2025).
  • Its Gross Margin has fluctuated over the past 5 years, first tumbled by -224100bps in 2022, then skyrocketed by 171800bps in 2024.
  • Over the past 5 years, Hesai's Gross Margin (Quarter) stood at 52.43% in 2021, then tumbled by -43bps to 30.02% in 2022, then skyrocketed by 37bps to 41.25% in 2023, then decreased by -5bps to 39.05% in 2024, then increased by 8bps to 42.1% in 2025.
  • Its Gross Margin stands at 42.1% for Q3 2025, versus 42.54% for Q2 2025 and 41.74% for Q1 2025.