Hesai (HSAI) Market Capitalization (2023 - 2026)
Hesai (HSAI) recorded Market Capitalization of $2.84 billion in the quarter ended Jun 30, 2026, up 0.3% from $2.84 billion a year earlier but down 4.7% from the prior quarter.
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Analysis
Hesai (HSAI) Market Capitalization (2023 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Hesai reported Market Capitalization of $3.5 billion, up 95.9% from the prior year.
- Across earlier years, Market Capitalization came in at $1.79 billion in the year ended Dec 31, 2024 (+60.6%) and $1.11 billion in the year ended Dec 31, 2023.
- Quarterly Market Capitalization has ranged from $522.84 million in the quarter ended Jun 30, 2024 to $3.63 billion in the quarter ended Sep 30, 2025 over the past five years.
- On a year-over-year basis, Market Capitalization has increased for seven consecutive quarters, with growth averaging 166.1% over the last eight quarters.
- Peak year-over-year performance for Market Capitalization in the last five years was growth of 520.3% in the quarter ended Sep 30, 2025, against a decline of 64.7% in the quarter ended Mar 31, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.99 billion (quarter ended Mar 31, 2026), $3.5 billion (quarter ended Dec 31, 2025) and $3.63 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn |
| 10 | Hesai | 2.49 Bn | -1.01 Bn | 50.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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();