Hesai (HSAI) Operating Leases (2021 - 2026)

Hesai (HSAI) has reported Operating Leases for 6 consecutive years, with $11.1 million the latest figure, recorded in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 7.62% year-over-year to $11.1 million; the trailing twelve-month figure through Mar 2026 stood at $11.1 million (down 7.62% YoY), and the FY2025 full-year result was $12.2 million, down 9.22% from the prior year.
• Operating Leases fell to $11.1 million in Q1 2026 per HSAI's latest filing, from $12.1 million in the prior quarter.
• Across five years, Operating Leases topped out at $21.4 million in Q4 2023 and bottomed at $589000.0 in Q3 2023.
• Historically, Operating Leases has averaged $10.4 million across 5 years, with a median of $11.6 million in 2025.
• The widest YoY moves for Operating Leases: up 2407.98% in 2024, down 36.14% in 2024.
• Over 5 years, Operating Leases stood at $6.3 million in 2022, then soared by 238.08% to $21.4 million in 2023, then tumbled by 36.14% to $13.7 million in 2024, then declined by 11.92% to $12.1 million in 2025, then slipped by 7.67% to $11.1 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $11.1 million, $12.1 million, and $10.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.