Hesai (HSAI) Notes Payables (2023 - 2026)
Hesai's (HSAI) quarterly Notes Payables came in at $69.9 million in Q1 2026, up 80.98% on a YoY basis from $38.6 million in Q1 2025, and up 10.61% quarter-over-quarter from $63.2 million in Q4 2025.
Analysis
Hesai (HSAI) Notes Payables (2023 - 2026) Analysis & Trends
Hesai (HSAI) has reported Notes Payables for 4 consecutive years, with $69.9 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Notes Payables rose 80.98% year-over-year to $69.9 million; the trailing twelve-month figure through Mar 2026 stood at $69.9 million (up 80.98% YoY), and the FY2025 full-year result was $64.1 million, up 35.51% from the prior year.
- Notes Payables improved to $69.9 million in Q1 2026 per HSAI's latest filing, from $63.2 million in the prior quarter.
- Across five years, Notes Payables topped out at $69.9 million in Q1 2026 and bottomed at $15.1 million in Q3 2023.
- Historically, Notes Payables has averaged $37.5 million across 4 years, with a median of $31.1 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Notes Payables surged 209.87% in 2024, then surged 31.48% in 2025.
- Over 4 years, Notes Payables stood at $15.5 million in 2023, then soared by 209.87% to $48.1 million in 2024, then soared by 31.48% to $63.2 million in 2025, then grew by 10.61% to $69.9 million in 2026.
- According to Business Quant data, Notes Payables over the past three periods registered $69.9 million, $63.2 million, and $63.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Lumentum Holdings | 78.08 Bn | 75.34 Bn | 477.30 Mn |
| 2 | Coherent | 55.21 Bn | 53.56 Bn | 787.08 Mn |
| 3 | Zebra Technologies | 17.16 Bn | 17.00 Bn | 825.00 Mn |
| 4 | Littelfuse | 10.64 Bn | 10.02 Bn | 306.06 Mn |
| 5 | Vishay Intertechnology | 4.49 Bn | 3.19 Bn | 207.38 Mn |
| 6 | LG Display | 3.31 Bn | 3.14 Bn | 509.35 Mn |
| 7 | Knowles | 3.03 Bn | 2.98 Bn | 74.60 Mn |
| 8 | Hesai | 2.95 Bn | 1.97 Bn | 50.88 Mn |
| 9 | Ouster | 2.50 Bn | 2.23 Bn | 26.69 Mn |
| 10 | Bel Fuse | 2.49 Bn | 2.29 Bn | 83.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 69.90 Mn |
| Dec 31, 2025 | 63.20 Mn |
| Sep 30, 2025 | 62.96 Mn |
| Jun 30, 2025 | 66.76 Mn |
| Mar 31, 2025 | 38.62 Mn |
| Dec 31, 2024 | 48.06 Mn |
| Sep 30, 2024 | 31.13 Mn |
| Jun 30, 2024 | 23.15 Mn |
| Mar 31, 2024 | 22.40 Mn |
| Dec 31, 2023 | 15.51 Mn |
| Sep 30, 2023 | 15.06 Mn |
| Jun 30, 2023 | 15.16 Mn |
| Mar 31, 2023 | 16.00 Mn |