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

Hesai has reported Work In Process for 5 years, with the latest figure at $43.8 million 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 37.48% from the prior year.
• Work In Process for Q4 2025 stood at $43.8 million, up from $31.4 million in the prior quarter.
• The five-year high for Work In Process was $43.8 million in Q4 2025, with the low 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.
• Annual changes were most pronounced in 2022 — Work In Process jumped 76.44% — and 2023, when it advanced 9.07%.
• Hesai's Work In Process stood at $14.4 million in 2021, then jumped by 76.44% to $25.4 million in 2022, then grew by 9.07% to $27.7 million in 2023, then climbed by 13.61% to $31.4 million in 2024, then jumped by 39.3% to $43.8 million in 2025.
• The last three Work In Process figures came in at $43.8 million (Q4 2025), $31.4 million (Q4 2024), and $27.7 million (Q4 2023), per Business Quant data.