Hesai (HSAI) Receivables Refunds (2021 - 2025)

Hesai (HSAI) has 5 years of Receivables Refunds data on file, last reported at $11.3 million in Q4 2025.

• For the quarter ending Q4 2025, Receivables Refunds rose 185.81% year-over-year to $11.3 million; the trailing twelve-month figure through Dec 2025 stood at $11.3 million (up 185.81% YoY), and the FY2025 full-year result was $11.2 million, up 182.17% from the prior year.
• Receivables Refunds for Q4 2025 stood at $11.3 million, up from $4.0 million in the prior quarter.
• Across five years, Receivables Refunds topped out at $11.3 million in Q4 2025 and bottomed at $948796.3 in Q4 2022.
• The 5-year median for Receivables Refunds is $3.0 million (2023), against an average of $4.1 million.
• The widest annual swing landed in 2022, when Receivables Refunds plunged 35.19%; it then surged 220.4% in 2023.
• A 5-year view of Receivables Refunds shows it stood at $1.5 million in 2021, then slumped by 35.19% to $948796.3 in 2022, then soared by 220.4% to $3.0 million in 2023, then jumped by 30.37% to $4.0 million in 2024, then soared by 185.81% to $11.3 million in 2025.
• The last three Receivables Refunds figures came in at $11.3 million (Q4 2025), $4.0 million (Q4 2024), and $3.0 million (Q4 2023), per Business Quant data.

Peer Comparison