Hesai (HSAI) Raw Materials (2021 - 2025)

Hesai (HSAI) has reported Raw Materials for 5 consecutive years, with $25.8 million the latest figure, recorded in Q4 2025.

• For the quarter ending Q4 2025, Raw Materials fell 3.23% year-over-year to $25.8 million; the trailing twelve-month figure through Dec 2025 stood at $25.8 million (down 3.23% YoY), and the FY2025 full-year result was $25.5 million, down 4.46% from the prior year.
• Raw Materials declined to $25.8 million in Q4 2025 per HSAI's latest filing, from $26.7 million in the prior quarter.
• Across five years, Raw Materials topped out at $40.8 million in Q4 2022 and bottomed at $17.5 million in Q4 2023.
• Historically, Raw Materials has averaged $26.0 million across 5 years, with a median of $25.8 million in 2025.
• The sharpest annual moves came in 2022 and 2023: Raw Materials jumped 110.43% in 2022, then plunged 56.98% in 2023.
• Over 5 years, Raw Materials stood at $19.4 million in 2021, then soared by 110.43% to $40.8 million in 2022, then slumped by 56.98% to $17.5 million in 2023, then soared by 51.99% to $26.7 million in 2024, then decreased by 3.23% to $25.8 million in 2025.
• According to Business Quant data, Raw Materials over the past three periods registered $25.8 million, $26.7 million, and $17.5 million for Q4 2025, Q4 2024, and Q4 2023 respectively.