Hesai (HSAI) Tax Rate (2021 - 2026)
Hesai's (HSAI) quarterly Tax Rate came in at 0.0% in Q2 2026, up 32.0% on a YoY basis from 0.0% in Q2 2025, and down 94.2% quarter-over-quarter from 0.07% in Q1 2026.
Analysis
Hesai (HSAI) Tax Rate (2021 - 2026) Analysis & Trends
Hesai (HSAI) has reported Tax Rate for 6 consecutive years, with 0.0% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 32.0% year-over-year to 0.0%; the trailing twelve-month figure through Jun 2026 stood at 11.91% (down 1043.0% YoY), and the FY2025 full-year result was 6.61%, down 772.0% from the prior year.
- Tax Rate eased to 0.0% in Q2 2026 per HSAI's latest filing, from 0.07% in the prior quarter.
- Across five years, Tax Rate topped out at 0.45% in Q4 2023 and bottomed at 34.3% in Q3 2025.
- Historically, Tax Rate has averaged 2.09% across 5 years, with a median of 0.02% in 2022.
- The sharpest annual moves came in 2023 and 2025: Tax Rate soared 47 bps in 2023, then plunged 3421 bps in 2025.
- Over 5 years, Tax Rate stood at 0.02% in 2022, then soared by 3052 bps to 0.45% in 2023, then tumbled by 217 bps to 0.53% in 2024, then tumbled by 488 bps to 3.12% in 2025, then surged by 100 bps to 0.0% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.0%, 0.07%, and 3.12% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 69.79 Bn | 67.06 Bn | 477.30 Mn | 3.98% |
| 2 | Coherent | 52.04 Bn | 50.05 Bn | 787.08 Mn | 15.19% |
| 3 | Zebra Technologies | 16.42 Bn | 16.26 Bn | 825.00 Mn | 18.25% |
| 4 | Littelfuse | 10.48 Bn | 9.85 Bn | 306.06 Mn | 23.63% |
| 5 | Vishay Intertechnology | 4.28 Bn | 2.98 Bn | 207.38 Mn | 33.67% |
| 6 | LG Display | 3.14 Bn | 2.07 Bn | 509.35 Mn | -8.78% |
| 7 | Knowles | 3.04 Bn | 2.99 Bn | 74.60 Mn | 18.58% |
| 8 | Bel Fuse | 2.76 Bn | 2.45 Bn | 83.97 Mn | 10.02% |
| 9 | Hesai | 2.42 Bn | 1.44 Bn | 50.88 Mn | 0.00% |
| 10 | Ouster | 2.32 Bn | 2.06 Bn | 26.69 Mn | -0.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.00% |
| Mar 31, 2026 | 0.07% |
| Dec 31, 2025 | -3.12% |
| Sep 30, 2025 | -34.30% |
| Jun 30, 2025 | -0.32% |
| Mar 31, 2025 | -0.23% |
| Dec 31, 2024 | -0.53% |
| Sep 30, 2024 | -0.10% |
| Jun 30, 2024 | 0.40% |
| Mar 31, 2024 | 0.18% |
| Dec 31, 2023 | 0.45% |
| Sep 30, 2023 | -0.02% |
| Jun 30, 2023 | -0.01% |
| Mar 31, 2023 | -0.01% |
| Dec 31, 2022 | -0.02% |
| Sep 30, 2022 | -0.02% |
| Jun 30, 2022 | -0.01% |
| Mar 31, 2022 | -0.03% |
| Dec 31, 2021 | 0.00% |