Hesai (HSAI) Operating Expenses (2021 - 2026)
Hesai's Operating Expenses came in at $50.56 million for the quarter ended Jun 30, 2026, compared with -$38.76 million a year earlier.
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Analysis
Hesai (HSAI) Operating Expenses (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Hesai reported Operating Expenses of -$69.54 million; for the year ended Dec 31, 2025, it was -$156.78 million.
- Going back by year, Operating Expenses was -$149.26 million in the year ended Dec 31, 2024, -$173.66 million in the year ended Dec 31, 2023, -$123.27 million in the year ended Dec 31, 2022 and -$100.32 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Operating Expenses in data going back to the quarter ended Dec 31, 2021.
- Business Quant data shows HSAI's Operating Expenses at -$39.81 million (quarter ended Mar 31, 2026), -$44.12 million (quarter ended Dec 31, 2025) and -$36.18 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 19.08 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 6.80 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 4.45 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 532.30 Mn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 545.00 Mn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 2.07 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 465.00 Mn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 14.83 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 198.00 Mn |
| 10 | Hesai | 2.49 Bn | -1.01 Bn | 50.88 Mn | 50.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.56 Mn |
| 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 |
API Access
Hesai Operating Expenses 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=operating-expenses&ticker=HSAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=HSAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();