Hesai (HSAI) Net Margin (2021 - 2026)

Hesai (HSAI) posted Net Margin of 1.25% for Q1 2026, down 108.18% quarter-over-quarter from 15.31% in Q4 2025, and up 209.0% year-on-year from 0.41% in Q1 2025.

Hesai (HSAI) Net Margin (2021 - 2026) Analysis & Trends

Hesai (HSAI) has reported Net Margin for 6 consecutive years, with 1.25% the latest figure, recorded in Q1 2026.

  • Net Margin for Q1 2026 came in at 1.25%, up 209.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.19% (up 2138.0% YoY), and the FY2025 annual result was 14.4%, up 1933.0% from the prior year.
  • Net Margin was 1.25% for Q1 2026 at Hesai, down from 15.31% in the prior quarter.
  • Over five years, Net Margin peaked at 38.92% in Q3 2025 and troughed at 125.72% in Q2 2022.
  • Average Net Margin over 5 years is 22.31%, with a median of 16.89% recorded in 2023.
  • Year-over-year, Net Margin sank 460 bps in 2022 and soared 10883 bps in 2023.
  • Over 5 years, Net Margin stood at 33.16% in 2022, then increased by 24 bps to 25.11% in 2023, then soared by 100 bps to 0.0% in 2024, then jumped by 2000000000 bps to 15.31% in 2025, then slumped by 108 bps to 1.25% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 1.25% in Q1 2026, 15.31% in Q4 2025, and 38.92% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn -1.22%
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 13.25%
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn -0.01%
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 3.01%
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -22,300.00%
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 7.22%
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 0.28%
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 5.16%
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn -5.81%
10 Hesai 1.64 Bn 1.64 Bn 38.57 Mn 7.06%

Historic Data

Download Data
DateValue
Mar 31, 2026 7.06%
Dec 31, 2025 15.31%
Sep 30, 2025 38.92%
Jun 30, 2025 3.72%
Mar 31, 2025 -3.34%
Dec 31, 2024 0.00%
Sep 30, 2024 -13.04%
Jun 30, 2024 -15.70%
Mar 31, 2024 -29.77%
Dec 31, 2023 -25.11%
Sep 30, 2023 -31.82%
Jun 30, 2023 -16.89%
Mar 31, 2023 -27.66%
Dec 31, 2022 -33.16%
Sep 30, 2022 -85.14%
Jun 30, 2022 -125.72%
Mar 31, 2022 -24.85%
Dec 31, 2021 -28.56%