Hesai (HSAI) Revenue (2021 - 2026)
Hesai (HSAI) posted Revenue of $158.46 million for Q3 2026, up 41.8% from $111.73 million a year earlier and up 24.9% from the prior quarter.
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Analysis
Hesai (HSAI) Revenue (2021 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Revenue at Hesai was $527.06 million, up 38.2% year-over-year; for FY2025, it was $432.94 million, up 52.1% from FY2024.
- Annual Revenue has increased for five consecutive years, with a five-year compound annual growth rate of 48.4% (FY2020 to FY2025).
- In prior years, Hesai's Revenue was $284.57 million in FY2024 (+7.6%), $264.37 million in FY2023 (+51.6%), $174.37 million in FY2022 (+56.0%) and $111.74 million in FY2021 (+85.5%).
- The Q3 2026 figure stands as the highest quarterly Revenue in data going back to Q4 2021.
- On a year-over-year basis, Revenue has increased in each of the last ten quarters, with growth averaging 40.5% over the last eight quarters.
- The strongest year-over-year quarter for Revenue in the past five years was Q2 2023, with growth of 89.6%; the weakest was Q1 2024, with a decline of 20.6%.
- According to Business Quant data, Revenue for the three prior quarters was $126.87 million (Q2 2026), $98.66 million (Q1 2026) and $143.07 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 114.48 Bn |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | 18.52 Bn |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 3.66 Bn |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 46.97 Bn |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 21.54 Bn |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 11.03 Bn |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 4.23 Bn |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 4.38 Bn |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 12.21 Bn |
| 10 | Hesai | 2.25 Bn | -1.27 Bn | 65.36 Mn | 158.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 158.46 Mn |
| Jun 30, 2026 | 126.87 Mn |
| 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 | 60.72 Mn |
| Mar 31, 2023 | 62.60 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 |
API Access
Hesai Revenue 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=revenue&ticker=HSAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=HSAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();