Hesai (HSAI) Receivables (2021 - 2026)
Hesai (HSAI) recorded Receivables of $244.06 million in Q3 2026, up 54.3% from $158.15 million a year earlier and up 44.0% from the prior quarter.
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Analysis
Hesai (HSAI) Receivables (2021 - 2026) Analysis & Trends
At the end of FY2025, Hesai reported Receivables of $180.5 million, up 70.0% from FY2024.
- Annual Receivables has increased for five straight years, with a five-year compound annual growth rate of 65.6% (FY2020 to FY2025).
- Across earlier years, Receivables came in at $106.17 million in FY2024 (+38.4%), $76.69 million in FY2023 (+6.3%), $72.15 million in FY2022 (+97.9%) and $36.46 million in FY2021 (+151.3%).
- The Q3 2026 figure is the highest quarterly Receivables in data going back to Q4 2021.
- On a year-over-year basis, Receivables has increased for 12 consecutive quarters, with growth averaging 41.4% over the last eight quarters.
- Across the past five years, year-over-year growth in Receivables ran from 3.3% in Q1 2026 to 100.9% in Q3 2024.
- Per Business Quant, the preceding three quarters came in at $169.49 million (Q2 2026), $137.79 million (Q1 2026) and $180.42 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 83.71 Bn |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | - |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 2.33 Bn |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 22.92 Bn |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | - |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 94.00 Bn |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 1.94 Bn |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 2.23 Bn |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 6.57 Bn |
| 10 | Hesai | 2.25 Bn | -1.27 Bn | 65.36 Mn | 244.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 244.06 Mn |
| Jun 30, 2026 | 169.49 Mn |
| Mar 31, 2026 | 137.79 Mn |
| Dec 31, 2025 | 180.42 Mn |
| Sep 30, 2025 | 158.15 Mn |
| Jun 30, 2025 | 148.99 Mn |
| Mar 31, 2025 | 133.33 Mn |
| Dec 31, 2024 | 106.18 Mn |
| Sep 30, 2024 | 114.87 Mn |
| Jun 30, 2024 | 99.02 Mn |
| Mar 31, 2024 | 81.72 Mn |
| Dec 31, 2023 | 76.62 Mn |
| Sep 30, 2023 | 57.16 Mn |
| Jun 30, 2023 | 56.35 Mn |
| Mar 31, 2023 | 53.43 Mn |
| Dec 31, 2022 | 71.47 Mn |
| Dec 31, 2021 | 36.46 Mn |
API Access
Hesai Receivables 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=receivables&ticker=HSAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=HSAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();