Hesai (HSAI) Notes Payables (2022 - 2026)
Hesai (HSAI) recorded Notes Payables of $69.9 million in the quarter ended Mar 31, 2026, up 839.6% from $7.44 million a year earlier.
Analysis
Hesai (HSAI) Notes Payables (2022 - 2026) Analysis & Trends
As of Dec 31, 2025, Hesai reported Notes Payables of $21.48 million.
- Annual Notes Payables has a three-year compound annual growth rate of -28.7% (years ended Dec 2022 to Dec 2025).
- Across earlier years, Notes Payables came in at $1.38 million in the year ended Dec 31, 2024 (+35.3%), $1.02 million in the year ended Dec 31, 2023 (-98.3%) and $59.26 million in the year ended Dec 31, 2022.
- The figure for the quarter ended Mar 31, 2026 is the highest quarterly Notes Payables in data going back to the quarter ended Dec 31, 2022.
- On a year-over-year basis, Notes Payables rose in five of the last seven quarters, with growth averaging 197.5%.
- Peak year-over-year performance for Notes Payables in the last five years was growth of 839.6% in the quarter ended Mar 31, 2026, against a decline of 98.2% in the quarter ended Dec 31, 2023 at the low end.
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 |
|---|---|
| Mar 31, 2026 | 69.90 Mn |
| Sep 30, 2025 | 20.46 Mn |
| Jun 30, 2025 | 16.82 Mn |
| Mar 31, 2025 | 7.44 Mn |
| Dec 31, 2024 | 1.41 Mn |
| Sep 30, 2024 | 6.92 Mn |
| Jun 30, 2024 | 3.88 Mn |
| Mar 31, 2024 | 3.68 Mn |
| Dec 31, 2023 | 1.01 Mn |
| Sep 30, 2023 | 15.06 Mn |
| Jun 30, 2023 | 15.16 Mn |
| Mar 31, 2023 | 16.00 Mn |
| Dec 31, 2022 | 55.94 Mn |
API Access
Hesai Notes Payables 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=notes-payables&ticker=HSAI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=HSAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();