Hesai (HSAI) Tax Rate (2021 - 2026)

Hesai (HSAI) reported Tax Rate of 0.02% for Q1 2026, up 22.0% on a YoY basis from 0.02% in Q1 2025, and up 100.72% quarter-over-quarter from 3.24% in Q4 2025.

Hesai (HSAI) Tax Rate (2021 - 2026) Analysis & Trends

Hesai has reported Tax Rate for 6 years, with the latest figure at 0.02% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 22.0% year-over-year to 0.02%; the trailing twelve-month figure through Mar 2026 stood at 15.92% (down 1675.0% YoY), and the FY2025 full-year result was 6.61%, up 772.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 0.02%, up from 3.24% in the prior quarter.
  • The five-year high for Tax Rate was 0.45% in Q4 2023, with the low at 35.74% in Q3 2025.
  • Historically, Tax Rate has averaged 2.31% across 5 years, with a median of 0.02% in 2022.
  • Annual changes were most pronounced in 2023 — Tax Rate jumped 46 bps — and 2025, when it plunged 3564 bps.
  • Hesai's Tax Rate stood at 0.02% in 2022, then jumped by 3018 bps to 0.45% in 2023, then plunged by 219 bps to 0.53% in 2024, then tumbled by 512 bps to 3.24% in 2025, then surged by 101 bps to 0.02% in 2026.
  • The last three Tax Rate figures came in at 0.02% (Q1 2026), 3.24% (Q4 2025), and 35.74% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn 22.55%
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn 21.12%
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn -21.56%
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn 22.26%
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn 23.17%
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn 28.42%
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn -
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 101.15%
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn 15.15%
10 Hesai 347.84 Mn 112.86 Mn 38.57 Mn 0.02%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.02%
Mar 31, 2026 0.02%
Dec 31, 2025 -3.24%
Dec 31, 2025 -3.24%
Sep 30, 2025 -35.74%
Sep 30, 2025 -35.74%
Jun 30, 2025 -0.41%
Jun 30, 2025 -0.41%
Mar 31, 2025 -0.20%
Mar 31, 2025 -0.20%
Dec 31, 2024 -0.53%
Dec 31, 2024 -0.53%
Sep 30, 2024 -0.09%
Sep 30, 2024 -0.09%
Jun 30, 2024 0.39%
Jun 30, 2024 0.39%
Mar 31, 2024 0.18%
Mar 31, 2024 0.18%
Dec 31, 2023 0.45%
Dec 31, 2023 0.45%