Hesai (HSAI) Payables (2021 - 2026)
Hesai's (HSAI) quarterly Payables came in at $134.4 million in Q1 2026, up 55.83% on a YoY basis from $86.3 million in Q1 2025, and down 8.39% quarter-over-quarter from $146.7 million in Q4 2025.
Analysis
Hesai (HSAI) Payables (2021 - 2026) Analysis & Trends
Hesai (HSAI) has reported Payables for 6 consecutive years, with $134.4 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Payables rose 55.83% year-over-year to $134.4 million; the trailing twelve-month figure through Mar 2026 stood at $134.4 million (up 55.83% YoY), and the FY2025 full-year result was $148.8 million, up 57.38% from the prior year.
- Payables declined to $134.4 million in Q1 2026 per HSAI's latest filing, from $146.7 million in the prior quarter.
- Across five years, Payables topped out at $146.7 million in Q4 2025 and bottomed at $29.1 million in Q4 2022.
- Historically, Payables has averaged $80.7 million across 5 years, with a median of $70.9 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Payables jumped 140.45% in 2022, then rose 25.12% in 2025.
- Over 5 years, Payables stood at $29.1 million in 2022, then surged by 82.15% to $52.9 million in 2023, then soared by 81.54% to $96.1 million in 2024, then surged by 52.71% to $146.7 million in 2025, then retreated by 8.39% to $134.4 million in 2026.
- According to Business Quant data, Payables over the past three periods registered $134.4 million, $146.7 million, and $127.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 73.85 Bn | 71.11 Bn | 477.30 Mn | 567.40 Mn |
| 2 | Coherent | 53.87 Bn | 51.88 Bn | 787.08 Mn | 1.91 Bn |
| 3 | Zebra Technologies | 16.44 Bn | 16.28 Bn | 825.00 Mn | 738.00 Mn |
| 4 | Littelfuse | 10.68 Bn | 10.05 Bn | 306.06 Mn | 248.97 Mn |
| 5 | Vishay Intertechnology | 4.34 Bn | 3.04 Bn | 207.38 Mn | 237.48 Mn |
| 6 | LG Display | 3.21 Bn | 2.14 Bn | 509.35 Mn | 951.39 Mn |
| 7 | Knowles | 3.07 Bn | 3.02 Bn | 74.60 Mn | 48.30 Mn |
| 8 | Bel Fuse | 2.78 Bn | 2.47 Bn | 83.97 Mn | 87.61 Mn |
| 9 | Hesai | 2.56 Bn | 1.58 Bn | 50.88 Mn | - |
| 10 | Ouster | 2.39 Bn | 2.13 Bn | 26.69 Mn | 22.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 134.44 Mn |
| Dec 31, 2025 | 146.74 Mn |
| Sep 30, 2025 | 127.13 Mn |
| Jun 30, 2025 | 131.23 Mn |
| Mar 31, 2025 | 86.27 Mn |
| Dec 31, 2024 | 96.10 Mn |
| Sep 30, 2024 | 63.37 Mn |
| Jun 30, 2024 | 72.81 Mn |
| Mar 31, 2024 | 68.95 Mn |
| Dec 31, 2023 | 52.93 Mn |
| Sep 30, 2023 | 45.18 Mn |
| Jun 30, 2023 | 37.51 Mn |
| Mar 31, 2023 | 38.70 Mn |
| Dec 31, 2022 | 29.06 Mn |
| Dec 31, 2021 | 12.09 Mn |