Hesai reported total assets of $1621.81M for the quarter ended Jun 2026, up 85.5% year over year. This balance sheet covers 16 quarters of results from Dec 2021 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Dec2021 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||
| Current Assets | ||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 70.28M | 128.41M | 305.21M | 284.54M | 180.36M | 216.40M | 216.54M | 308.32M | 308.15M | 395.23M | 389.52M | 381.70M | 360.09M | 234.54M | 179.45M | 222.56M |
| Short-term InvestmentsInvestments (Current) | 366.43M | 132.99M | 152.22M | 163.81M | 258.72M | 220.28M | 174.90M | 70.00M | 51.98M | 50.42M | 4.20M | 15.43M | 674.43M | 435.93M | 649.29M | 757.50M |
| Cash & Current Investments | 436.71M | 261.40M | 457.43M | 448.34M | 439.08M | 436.68M | 391.44M | 378.32M | 352.62M | 445.65M | 393.04M | 397.13M | 1,028.99M | 670.47M | 825.32M | 976.59M |
| Receivables - NetNet Receivables | 13.42M | 68.20M | 52.70M | 55.65M | 55.88M | 72.89M | 79.00M | 96.31M | 112.27M | 114.16M | 131.97M | 147.60M | 158.15M | 177.96M | 137.79M | 162.08M |
| Receivables - OtherOther Receivables | 22.92M | 1.77M | 0.73M | 0.70M | 1.28M | 2.73M | 2.73M | 2.71M | 2.60M | 0.70M | 1.36M | 1.38M | 7.41M | |||
| Receivables | 36.34M | 69.97M | 53.43M | 56.35M | 57.16M | 75.63M | 81.72M | 99.02M | 112.48M | 114.86M | 133.10M | 148.99M | 157.31M | 177.96M | 137.22M | 168.89M |
| Raw Materials | 19.39M | 40.79M | 17.55M | 26.67M | 25.81M | |||||||||||
| Work In Process | 14.37M | 25.36M | 27.66M | 31.42M | 43.77M | |||||||||||
| Finished Goods | 25.09M | 24.80M | 23.66M | 9.03M | 24.94M | |||||||||||
| Inventory | 58.85M | 90.95M | 92.41M | 77.54M | 68.57M | 68.87M | 87.90M | 92.33M | 84.30M | 67.12M | 67.52M | 83.65M | 90.29M | 94.53M | 104.63M | 128.00M |
| Prepaid Assets | 13.94M | 17.78M | 16.71M | 15.84M | 20.54M | 28.90M | 31.88M | 32.95M | 34.07M | 26.93M | 29.23M | 38.22M | 39.45M | 39.82M | 50.55M | 54.52M |
| Current Assets | 546.39M | 440.81M | 619.98M | 598.58M | 586.54M | 610.77M | 594.23M | 604.39M | 605.68M | 651.90M | 627.82M | 673.16M | 1,337.97M | 996.70M | 1,153.52M | 1,346.52M |
| Non-Current Assets | ||||||||||||||||
| Construction in Progress | 74.22M | 9.10M | 10.92M | |||||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 50.31M | 71.00M | 82.40M | 92.39M | 99.86M | 121.06M | 125.28M | 123.59M | 133.51M | 131.45M | 135.09M | 141.61M | 148.81M | 154.99M | 158.18M | 166.42M |
| Long-Term Investments | 0.30M | 4.48M | 4.64M | 4.39M | 4.36M | 4.42M | 4.40M | 4.38M | 4.53M | 4.43M | 4.38M | 18.39M | 4.21M | 392.19M | 223.41M | 66.66M |
| Goodwill | 0.55M | 0.54M | 0.55M | 0.53M | 0.50M | 4.42M | ||||||||||
| Intangibles | 3.06M | 2.90M | 3.00M | 2.98M | 2.98M | 10.93M | 10.40M | 10.39M | 11.90M | 10.66M | 10.99M | 12.54M | 13.10M | 13.47M | 13.48M | 13.35M |
| Goodwill & Intangibles | 3.61M | 3.43M | 3.55M | 3.51M | 3.48M | 15.35M | 10.40M | 10.39M | 11.66M | 10.66M | 10.97M | 12.54M | 13.03M | 13.47M | 13.42M | 13.31M |
| Other Non-Current Assets | 10.94M | 306.46M | 20.06M | 0.50M | 0.49M | 0.49M | 0.49M | 0.49M | 0.50M | 0.50M | 0.49M | 0.57M | 0.57M | 0.57M | 0.57M | 1.98M |
| Non-Current Assets | 71.79M | 99.03M | 121.93M | 123.93M | 129.40M | 175.68M | 179.46M | 174.41M | 186.21M | 181.95M | 175.21M | 200.99M | 194.93M | 591.06M | 426.97M | 275.30M |
| Assets | 618.19M | 539.83M | 741.91M | 722.51M | 715.94M | 786.46M | 773.70M | 778.81M | 791.89M | 833.85M | 803.04M | 874.15M | 1,532.90M | 1,587.76M | 1,580.49M | 1,621.81M |
| Liabilities | ||||||||||||||||
| Current Liabilities | ||||||||||||||||
| Accounts Payables | 12.09M | 29.06M | 22.69M | 22.35M | 30.11M | 37.42M | 46.55M | 49.66M | 33.59M | 48.03M | 47.80M | 64.48M | 64.85M | 83.55M | 65.09M | |
| Notes Payables | 16.00M | 15.16M | 15.06M | 15.51M | 22.40M | 23.15M | 31.13M | 48.06M | 38.62M | 66.76M | 62.96M | 63.20M | 69.90M | |||
| Payables | 12.09M | 29.06M | 38.70M | 37.51M | 45.18M | 52.93M | 68.95M | 72.81M | 63.37M | 96.10M | 86.27M | 131.23M | 127.13M | 146.74M | 134.44M | |
| Accumulated Expenses | 58.01M | 50.13M | 34.02M | 36.74M | 36.55M | 69.21M | 49.09M | 56.66M | 63.87M | 71.94M | 49.71M | 51.08M | 65.32M | 81.56M | 55.56M | |
| Other Accumulated Expenses | 48.10M | 47.00M | 47.23M | 46.67M | ||||||||||||
| Short term Debt | 48.10M | 47.00M | 48.06M | 47.74M | 47.16M | 47.23M | 46.80M | 47.03M | 47.23M | 46.67M | 0.73M | -1.24M | ||||
| Current Leases | 2.05M | 4.92M | 4.86M | 2.24M | ||||||||||||
| Current Taxes | 18.07M | 0.83M | 2.76M | 3.87M | 3.83M | 3.99M | ||||||||||
| Current Deferred Revenue | 19.18M | 5.68M | 7.26M | 6.11M | 5.05M | 11.10M | 5.76M | 6.11M | 8.29M | 4.59M | 3.72M | 4.42M | 5.49M | 2.96M | 3.45M | |
| Total Current Liabilities | 139.54M | 134.35M | 132.44M | 131.48M | 137.69M | 185.43M | 178.42M | 191.10M | 196.39M | 226.77M | 154.66M | 211.60M | 232.50M | 267.23M | 231.91M | |
| Non-Current Liabilities | ||||||||||||||||
| Non-Current Debt | 2.60M | 1.75M | 0.47M | 0.55M | 1.01M | 3.68M | 3.88M | 6.92M | 1.41M | 7.44M | 16.82M | 20.46M | 21.18M | 21.17M | ||
| Preferred Stock Liabilities | 866.59M | 841.78M | ||||||||||||||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 0.07M | 0.06M | 0.06M | 0.06M | 0.06M | 8.48M | 10.71M | |||||||||
| Operating Leases | 3.67M | 6.34M | 1.00M | 0.74M | 0.59M | 21.45M | 15.99M | 15.08M | 14.77M | 13.69M | 12.05M | 10.79M | 10.08M | 12.06M | 11.14M | |
| Other Non-Current Liabilities | 1.55M | 2.49M | 16.08M | 27.21M | 32.72M | 3.95M | 45.23M | 46.00M | 42.59M | 37.51M | 6.64M | 38.17M | 44.30M | 39.30M | 37.43M | |
| Total Non-Current Liabilities | 1.63M | 5.92M | 19.28M | 30.80M | 35.84M | 64.60M | 68.97M | 68.56M | 65.03M | 59.72M | 58.97M | 54.58M | 58.60M | 57.41M | 54.63M | |
| Total Liabilities | 141.17M | 140.28M | 151.72M | 162.28M | 173.53M | 250.03M | 247.39M | 259.67M | 261.42M | 286.49M | 213.63M | 266.19M | 291.10M | 324.64M | 286.54M | |
| Shareholder's Equity | ||||||||||||||||
| Total Debt | 48.10M | 49.60M | 65.81M | 63.36M | 62.77M | 63.75M | 72.88M | 74.06M | 83.50M | 96.14M | 46.72M | 82.34M | 82.98M | 84.37M | 90.69M | |
| Common Equity | -389.56M | -442.22M | -45.17M | -42.78M | -42.52M | 536.43M | -40.54M | -40.28M | -41.71M | 547.36M | 589.40M | 607.97M | 1,241.80M | 1,263.12M | 1,293.95M | |
| Liabilities and Shareholders Equity | 618.19M | 539.83M | 741.91M | 722.51M | 715.94M | 786.46M | 773.70M | 778.81M | 775.39M | 833.85M | 801.65M | 874.15M | 1,524.70M | 1,587.76M | 1,573.96M | 1,616.07M |
| Retained Earnings | -342.37M | -398.10M | -429.60M | -417.12M | -434.00M | -459.35M | -472.87M | -479.74M | -506.82M | -474.69M | -472.29M | -472.27M | -439.25M | -419.29M | -428.46M | |
| Treasury Shares | 8.53M |