Hesai (HSAI) Market Capitalization (2023 - 2026)
Hesai (HSAI) recorded Market Capitalization of $2.49 billion in Q3 2026, down 31.4% from $3.63 billion a year earlier and down 12.5% from the prior quarter.
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Analysis
Hesai (HSAI) Market Capitalization (2023 - 2026) Analysis & Trends
For FY2025, Hesai reported Market Capitalization of $3.5 billion, up 95.9% from FY2024.
- Across earlier years, Market Capitalization came in at $1.79 billion in FY2024 (+60.6%) and $1.11 billion in FY2023.
- The Q3 2026 figure is the lowest quarterly Market Capitalization since Q1 2025.
- On a year-over-year basis, Market Capitalization rose in seven of the last eight quarters, with growth averaging 168.4%.
- Peak year-over-year performance for Market Capitalization in the last five years was growth of 520.3% in Q3 2025, against a decline of 64.7% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.84 billion (Q2 2026), $2.99 billion (Q1 2026) and $3.5 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn |
| 10 | Hesai | 2.25 Bn | -1.27 Bn | 65.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.49 Bn |
| Jun 30, 2026 | 2.84 Bn |
| Mar 31, 2026 | 2.99 Bn |
| Dec 31, 2025 | 3.50 Bn |
| Sep 30, 2025 | 3.63 Bn |
| Jun 30, 2025 | 2.84 Bn |
| Mar 31, 2025 | 1.91 Bn |
| Dec 31, 2024 | 1.79 Bn |
| Sep 30, 2024 | 585.23 Mn |
| Jun 30, 2024 | 522.84 Mn |
| Mar 31, 2024 | 631.40 Mn |
| Dec 31, 2023 | 1.11 Bn |
| Sep 30, 2023 | 1.16 Bn |
| Jun 30, 2023 | 1.22 Bn |
| Mar 31, 2023 | 1.79 Bn |
API Access
Hesai Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=HSAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "HSAI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=HSAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();