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

Hesai posted quarterly Work In Process of $43.8 million for Q4 2025, up 39.3% year-on-year from $31.4 million in Q4 2024, and up 39.3% on a QoQ basis from $31.4 million in Q4 2024.

Hesai (HSAI) has 5 years of Work In Process data on file, last reported 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 37.53% from the prior year.
  • Work In Process for Q4 2025 stood at $43.8 million, up 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.
  • The 5-year median for Work In Process is $27.7 million (2023), against an average of $28.5 million.
  • The widest annual swing landed in 2022, when Work In Process jumped 76.44%; it then advanced 9.07% in 2023.
  • A 5-year view of Work In Process shows it stood at $14.4 million in 2021, then surged by 76.44% to $25.4 million in 2022, then increased by 9.07% to $27.7 million in 2023, then grew by 13.61% to $31.4 million in 2024, then surged 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 O Reilly Automotive 77.46 Bn 77.21 Bn 2.35 Bn
2 Autozone 56.88 Bn 56.59 Bn 2.24 Bn
3 Genuine Parts 13.45 Bn 12.97 Bn 2.34 Bn
4 Modine Manufacturing 13.16 Bn 13.07 Bn 186.10 Mn
5 Borgwarner 13.07 Bn 13.23 Bn 677.00 Mn
6 Aptiv 11.89 Bn 8.82 Bn 920.00 Mn
7 Magna International 10.79 Bn 9.60 Bn 1.42 Bn
8 Allison Transmission Holdings 9.02 Bn 8.71 Bn 406.00 Mn
9 Autoliv 9.01 Bn 8.66 Bn 526.00 Mn
10 Hesai 410.61 Mn -260.42 Mn 38.57 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 43.77 Mn
Dec 31, 2024 31.42 Mn
Dec 31, 2023 27.66 Mn
Dec 31, 2022 25.36 Mn
Dec 31, 2021 14.37 Mn