Hesai (HSAI) Operating Expenses (2021 - 2026)
Hesai posted quarterly Operating Expenses of -$39.8 million for Q1 2026, down 14.51% year-on-year from -$46.6 million in Q1 2025, and down 14.51% on a QoQ basis from -$34.8 million in Q1 2025.
Hesai (HSAI) has 2 years of Operating Expenses data on file, last reported at -$39.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 14.51% year-over-year to -$39.8 million; the trailing twelve-month figure through Mar 2026 stood at -$74.6 million (down 114.51% YoY), and the FY2025 full-year result was $156.8 million, up 5.04% from the prior year.
- Operating Expenses for Q1 2026 stood at -$39.8 million, down from -$34.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$34.8 million in Q1 2025 and bottomed at -$39.8 million in Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 77.46 Bn | 77.21 Bn | 2.35 Bn | 1.51 Bn |
| 2 | Autozone | 56.88 Bn | 56.59 Bn | 2.24 Bn | 330.65 Mn |
| 3 | Genuine Parts | 13.45 Bn | 12.97 Bn | 2.34 Bn | 2.05 Bn |
| 4 | Modine Manufacturing | 13.16 Bn | 13.07 Bn | 186.10 Mn | 93.00 Mn |
| 5 | Borgwarner | 13.07 Bn | 13.23 Bn | 677.00 Mn | 346.00 Mn |
| 6 | Aptiv | 11.89 Bn | 8.82 Bn | 920.00 Mn | 4.71 Bn |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 557.00 Mn |
| 8 | Allison Transmission Holdings | 9.02 Bn | 8.71 Bn | 406.00 Mn | 211.00 Mn |
| 9 | Autoliv | 9.01 Bn | 8.66 Bn | 526.00 Mn | 281.00 Mn |
| 10 | Hesai | 410.61 Mn | -260.42 Mn | 38.57 Mn | -39.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -39.81 Mn |
| Dec 31, 2025 | -44.12 Mn |
| Sep 30, 2025 | -36.18 Mn |
| Jun 30, 2025 | -38.76 Mn |
| Mar 31, 2025 | -34.82 Mn |
| Dec 31, 2024 | -23.90 Mn |
| Sep 30, 2024 | -47.70 Mn |
| Jun 30, 2024 | -41.64 Mn |
| Mar 31, 2024 | -38.46 Mn |
| Dec 31, 2023 | -55.54 Mn |
| Sep 30, 2023 | -41.58 Mn |
| Jun 30, 2023 | -33.74 Mn |
| Mar 31, 2023 | -42.32 Mn |
| Dec 31, 2022 | -38.12 Mn |
| Sep 30, 2022 | -33.02 Mn |
| Jun 30, 2022 | -29.31 Mn |
| Mar 31, 2022 | -26.49 Mn |
| Dec 31, 2021 | -34.71 Mn |