Hesai (HSAI) Payables (2021 - 2026)
Hesai (HSAI) posted Payables of $134.44 million for the quarter ended Mar 31, 2026, up 143.4% from $55.24 million a year earlier and up 60.9% from the prior quarter.
Powered by 
Analysis
Hesai (HSAI) Payables (2021 - 2026) Analysis & Trends
As of Dec 31, 2025, Hesai's Payables came in at $106.21 million, up 118.3% from the prior year.
- Annual Payables shows a four-year compound annual growth rate of 72.6% (years ended Dec 2021 to Dec 2025).
- In prior years, Hesai's Payables was $48.65 million in the year ended Dec 31, 2024 (+24.8%), $38.97 million in the year ended Dec 31, 2023 (-56.3%), $89.22 million in the year ended Dec 31, 2022 (+644.8%) and $11.98 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Mar 31, 2026 stands as the highest quarterly Payables in data going back to the quarter ended Dec 31, 2021.
- On a year-over-year basis, Payables has increased in each of the last six quarters, with growth averaging 55.6% over the last eight quarters.
- The strongest year-over-year quarter for Payables in the past five years was the quarter ended Dec 31, 2022, with growth of 603.3%; the weakest was the quarter ended Dec 31, 2023, with a decline of 54.8%.
- According to Business Quant data, Payables for the three prior quarters was $83.55 million (quarter ended Dec 31, 2025), $84.86 million (quarter ended Sep 30, 2025) and $81.3 million (quarter ended Jun 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,095.71 Bn | 4,843.20 Bn | 54.77 Bn | 66.52 Bn |
| 2 | Cisco Systems | 420.76 Bn | 356.69 Bn | 11.06 Bn | 3.37 Bn |
| 3 | Dell Technologies | 294.70 Bn | 250.46 Bn | 9.83 Bn | 49.72 Bn |
| 4 | Arista Networks | 216.89 Bn | 170.35 Bn | 1.91 Bn | 692.70 Mn |
| 5 | Sandisk | 181.88 Bn | 170.41 Bn | 7.58 Bn | 976.00 Mn |
| 6 | Sony | 156.03 Bn | 93.29 Bn | 6.53 Bn | 14.07 Bn |
| 7 | Seagate Technology Holdings | 138.41 Bn | 133.40 Bn | 1.90 Bn | 1.75 Bn |
| 8 | Western Digital | 119.10 Bn | 107.23 Bn | 2.03 Bn | 1.77 Bn |
| 9 | Hewlett Packard Enterprise | 75.83 Bn | 53.71 Bn | 4.93 Bn | 13.73 Bn |
| 10 | Hesai | 1.82 Bn | -1.70 Bn | 50.88 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 134.73 Mn |
| Dec 31, 2025 | 106.17 Mn |
| Sep 30, 2025 | 85.31 Mn |
| Jun 30, 2025 | 81.30 Mn |
| Mar 31, 2025 | 55.24 Mn |
| Dec 31, 2024 | 67.66 Mn |
| Sep 30, 2024 | 40.51 Mn |
| Jun 30, 2024 | 53.53 Mn |
| Mar 31, 2024 | 50.23 Mn |
| Dec 31, 2023 | 53.38 Mn |
| Sep 30, 2023 | 45.18 Mn |
| Jun 30, 2023 | 37.51 Mn |
| Mar 31, 2023 | 38.70 Mn |
| Dec 31, 2022 | 29.68 Mn |
| Dec 31, 2021 | 12.13 Mn |
API Access
Hesai Payables 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=payables&ticker=HSAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=HSAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();