Hesai (HSAI) Operating Margin (2021 - 2026)
Hesai (HSAI) posted Operating Margin of 1.26% for Q1 2026, down 112.34% quarter-over-quarter from 10.19% in Q4 2025, and up 511.0% year-on-year from 0.21% in Q1 2025.
Hesai (HSAI) Operating Margin (2021 - 2026) Analysis & Trends
Hesai (HSAI) has reported Operating Margin for 6 consecutive years, with 1.26% the latest figure, recorded in Q1 2026.
- Operating Margin for Q1 2026 came in at 1.26%, up 511.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.06% (up 1063.0% YoY), and the FY2025 annual result was 5.57%, up 1544.0% from the prior year.
- Operating Margin was 1.26% for Q1 2026 at Hesai, down from 10.19% in the prior quarter.
- Over five years, Operating Margin peaked at 14.8% in Q4 2024 and troughed at 44.67% in Q2 2022.
- Average Operating Margin over 5 years is 17.16%, with a median of 20.87% recorded in 2024.
- Year-over-year, Operating Margin sank 1301 bps in 2023 and soared 4382 bps in 2024.
- Over 5 years, Operating Margin stood at 34.24% in 2022, then increased by 15 bps to 29.02% in 2023, then jumped by 151 bps to 14.8% in 2024, then tumbled by 31 bps to 10.19% in 2025, then plunged by 112 bps to 1.26% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 1.26% in Q1 2026, 10.19% in Q4 2025, and 9.73% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 2.23% |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 19.08% |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 4.46% |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 4.57% |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | -24,400.00% |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 9.51% |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 7.43% |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 8.61% |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 11.09% |
| 10 | Hesai | 1.64 Bn | 1.64 Bn | 38.57 Mn | -1.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.26% |
| Dec 31, 2025 | 10.19% |
| Sep 30, 2025 | 9.73% |
| Jun 30, 2025 | 3.24% |
| Mar 31, 2025 | -6.37% |
| Dec 31, 2024 | 14.80% |
| Sep 30, 2024 | -14.32% |
| Jun 30, 2024 | -20.87% |
| Mar 31, 2024 | -38.55% |
| Dec 31, 2023 | -29.02% |
| Sep 30, 2023 | -37.53% |
| Jun 30, 2023 | -25.78% |
| Mar 31, 2023 | -29.77% |
| Dec 31, 2022 | -34.24% |
| Sep 30, 2022 | -30.59% |
| Jun 30, 2022 | -44.67% |
| Mar 31, 2022 | -16.77% |
| Dec 31, 2021 | -32.49% |