Hesai (HSAI) Work In Process (2021 - 2025)

Hesai (HSAI) has reported Work In Process for 5 consecutive years, with $43.8 million the latest figure, recorded in Q4 2025.

• For the quarter ending Q4 2025, Work In Process rose 39.3% year-over-year to $43.8 million; the trailing twelve-month figure through Dec 2025 stood at $43.8 million (up 39.3% YoY), and the FY2025 full-year result was $43.2 million, up 37.53% from the prior year.
• Work In Process grew to $43.8 million in Q4 2025 per HSAI's latest filing, from $31.4 million in the prior quarter.
• Across five years, Work In Process topped out at $43.8 million in Q4 2025 and bottomed at $14.4 million in Q4 2021.
• Historically, Work In Process has averaged $28.5 million across 5 years, with a median of $27.7 million in 2023.
• The sharpest annual moves came in 2022 and 2023: Work In Process surged 76.44% in 2022, then climbed 9.07% in 2023.
• Over 5 years, Work In Process stood at $14.4 million in 2021, then soared by 76.44% to $25.4 million in 2022, then rose by 9.07% to $27.7 million in 2023, then increased by 13.61% to $31.4 million in 2024, then soared by 39.3% to $43.8 million in 2025.
• According to Business Quant data, Work In Process over the past three periods registered $43.8 million, $31.4 million, and $27.7 million for Q4 2025, Q4 2024, and Q4 2023 respectively.