Hesai (HSAI) Raw Materials (2021 - 2025)

Hesai has reported Raw Materials for 5 years, with the latest figure at $25.8 million 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 4.49% from the prior year.
• Raw Materials for Q4 2025 stood at $25.8 million, down from $26.7 million in the prior quarter.
• The five-year high for Raw Materials was $40.8 million in Q4 2022, with the low 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.
• Annual changes were most pronounced in 2022 — Raw Materials soared 110.43% — and 2023, when it tumbled 56.98%.
• Hesai's Raw Materials stood at $19.4 million in 2021, then jumped by 110.43% to $40.8 million in 2022, then plunged by 56.98% to $17.5 million in 2023, then jumped by 51.99% to $26.7 million in 2024, then fell by 3.23% to $25.8 million in 2025.
• The last three Raw Materials figures came in at $25.8 million (Q4 2025), $26.7 million (Q4 2024), and $17.5 million (Q4 2023), per Business Quant data.