Hesai (HSAI) Invested Capital (2021 - 2026)
Hesai's (HSAI) quarterly Invested Capital came in at $1.4 billion in Q1 2026, up 117.18% on a YoY basis from $635.1 million in Q1 2025, and up 2.36% quarter-over-quarter from $1.3 billion in Q4 2025.
Analysis
Hesai (HSAI) Invested Capital (2021 - 2026) Analysis & Trends
Hesai (HSAI) has reported Invested Capital for 6 consecutive years, with $1.4 billion the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 117.18% year-over-year to $1.4 billion; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (up 117.18% YoY), and the FY2025 full-year result was $1.4 billion, up 115.81% from the prior year.
- Invested Capital climbed to $1.4 billion in Q1 2026 per HSAI's latest filing, from $1.3 billion in the prior quarter.
- Across five years, Invested Capital topped out at $1.4 billion in Q1 2026 and bottomed at -$392.6 million in Q4 2022.
- Historically, Invested Capital has averaged $456.5 million across 5 years, with a median of $321.4 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Invested Capital fell 14.98% in 2022, then soared 2990.13% in 2025.
- Over 5 years, Invested Capital stood at -$392.6 million in 2022, then jumped by 252.86% to $600.2 million in 2023, then rose by 7.22% to $643.5 million in 2024, then surged by 109.4% to $1.3 billion in 2025, then grew by 2.36% to $1.4 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $1.4 billion, $1.3 billion, and $1.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 69.45 Bn | 66.72 Bn | 477.30 Mn | 6.28 Bn |
| 2 | Coherent | 54.01 Bn | 52.02 Bn | 787.08 Mn | 14.47 Bn |
| 3 | Zebra Technologies | 16.68 Bn | 16.52 Bn | 825.00 Mn | 8.49 Bn |
| 4 | Littelfuse | 10.93 Bn | 10.31 Bn | 306.06 Mn | 3.35 Bn |
| 5 | Vishay Intertechnology | 4.54 Bn | 3.24 Bn | 207.38 Mn | 4.62 Bn |
| 6 | LG Display | 3.29 Bn | 2.21 Bn | 509.35 Mn | 14.07 Bn |
| 7 | Knowles | 3.15 Bn | 3.10 Bn | 74.60 Mn | 926.50 Mn |
| 8 | Bel Fuse | 2.81 Bn | 2.51 Bn | 83.97 Mn | 909.37 Mn |
| 9 | Hesai | 2.40 Bn | 1.43 Bn | 50.88 Mn | - |
| 10 | Ouster | 2.33 Bn | 2.07 Bn | 26.69 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.38 Bn |
| Dec 31, 2025 | 1.35 Bn |
| Sep 30, 2025 | 1.32 Bn |
| Jun 30, 2025 | 690.30 Mn |
| Mar 31, 2025 | 635.10 Mn |
| Dec 31, 2024 | 643.50 Mn |
| Sep 30, 2024 | 42.66 Mn |
| Jun 30, 2024 | 33.78 Mn |
| Mar 31, 2024 | 32.34 Mn |
| Dec 31, 2023 | 600.17 Mn |
| Sep 30, 2023 | 20.25 Mn |
| Jun 30, 2023 | 20.58 Mn |
| Mar 31, 2023 | 20.64 Mn |
| Dec 31, 2022 | -392.63 Mn |
| Dec 31, 2021 | -341.47 Mn |