Hesai (HSAI) Operating Expenses (2021 - 2026)

Hesai (HSAI) has reported Operating Expenses for 6 consecutive years, with $50.6 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 230.46% year-over-year to $50.6 million; the trailing twelve-month figure through Jun 2026 stood at -$69.5 million (up 52.1% YoY), and the FY2025 full-year result was -$156.8 million, down 5.04% from the prior year.
• Operating Expenses rose to $50.6 million in Q2 2026 per HSAI's latest filing, from -$39.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $50.6 million in Q2 2026 and bottomed at -$55.5 million in Q4 2023.
• Historically, Operating Expenses has averaged -$33.1 million across 5 years, with a median of -$38.3 million in 2022.
• The sharpest annual moves came in 2025 and 2026: Operating Expenses plunged 84.56% in 2025, then soared 230.46% in 2026.
• Over 5 years, Operating Expenses stood at -$38.1 million in 2022, then slumped by 45.68% to -$55.5 million in 2023, then jumped by 56.96% to -$23.9 million in 2024, then slumped by 84.56% to -$44.1 million in 2025, then surged by 214.61% to $50.6 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $50.6 million, -$39.8 million, and -$44.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.