Hesai (HSAI) Revenue (2021 - 2026)
Hesai (HSAI) reported Revenue of $98.7 million for Q1 2026, up 36.29% on a YoY basis from $72.4 million in Q1 2025, and down 31.04% quarter-over-quarter from $143.1 million in Q4 2025.
Hesai (HSAI) Revenue (2021 - 2026) Analysis & Trends
Hesai has reported Revenue for 6 years, with the latest figure at $98.7 million in Q1 2026.
- For the quarter ending Q1 2026, Revenue rose 36.29% year-over-year to $98.7 million; the trailing twelve-month figure through Mar 2026 stood at $452.1 million (up 45.36% YoY), and the FY2025 full-year result was $432.9 million, up 52.14% from the prior year.
- Revenue for Q1 2026 stood at $98.7 million, down from $143.1 million in the prior quarter.
- The five-year high for Revenue was $143.1 million in Q4 2025, with the low at $32.0 million in Q2 2022.
- Historically, Revenue has averaged $74.0 million across 5 years, with a median of $63.1 million in 2024.
- Annual changes were most pronounced in 2023 — Revenue surged 96.3% — and 2024, when it retreated 20.86%.
- Hesai's Revenue stood at $59.3 million in 2022, then soared by 33.23% to $79.0 million in 2023, then grew by 24.75% to $98.6 million in 2024, then soared by 45.09% to $143.1 million in 2025, then tumbled by 31.04% to $98.7 million in 2026.
- The last three Revenue figures came in at $98.7 million (Q1 2026), $143.1 million (Q4 2025), and $111.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 4.56 Bn |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 4.84 Bn |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 805.00 Mn |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 3.53 Bn |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 6.26 Bn |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 5.09 Bn |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | 1.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 10.38 Bn |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 1.41 Bn |
| 10 | Hesai | 347.84 Mn | 112.86 Mn | 38.57 Mn | 98.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.66 Mn |
| Dec 31, 2025 | 143.07 Mn |
| Sep 30, 2025 | 111.73 Mn |
| Jun 30, 2025 | 98.61 Mn |
| Mar 31, 2025 | 72.39 Mn |
| Dec 31, 2024 | 98.61 Mn |
| Sep 30, 2024 | 76.87 Mn |
| Jun 30, 2024 | 63.14 Mn |
| Mar 31, 2024 | 49.74 Mn |
| Dec 31, 2023 | 79.04 Mn |
| Sep 30, 2023 | 61.07 Mn |
| Jun 30, 2023 | 62.87 Mn |
| Mar 31, 2023 | 62.84 Mn |
| Dec 31, 2022 | 59.33 Mn |
| Sep 30, 2022 | 48.81 Mn |
| Jun 30, 2022 | 32.03 Mn |
| Mar 31, 2022 | 39.15 Mn |
| Dec 31, 2021 | 40.87 Mn |