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 | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 66.52 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 3.37 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 49.72 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 692.70 Mn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 976.00 Mn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 1.75 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 1.77 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 14.29 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 567.40 Mn |
| 10 | Hesai | 2.49 Bn | -1.01 Bn | 50.88 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 134.44 Mn |
| Dec 31, 2025 | 83.55 Mn |
| Sep 30, 2025 | 84.86 Mn |
| Jun 30, 2025 | 81.30 Mn |
| Mar 31, 2025 | 55.24 Mn |
| Dec 31, 2024 | 49.44 Mn |
| Sep 30, 2024 | 40.51 Mn |
| Jun 30, 2024 | 53.53 Mn |
| Mar 31, 2024 | 50.23 Mn |
| Dec 31, 2023 | 38.43 Mn |
| Sep 30, 2023 | 45.18 Mn |
| Jun 30, 2023 | 37.51 Mn |
| Mar 31, 2023 | 38.70 Mn |
| Dec 31, 2022 | 85.00 Mn |
| Dec 31, 2021 | 12.09 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();