Hesai Group (HSAI) reported $433M in revenue for fiscal 2025, +52.1% year on year. That ranks #2309 by revenue among 2853 SEC filers and #416 in Industrials. Net income was $62.3M, a net margin of 14.4%. Revenue has grown 35.4% a year on average since 2022 ($174M then). The fiscal 2025 balance sheet shows $1.6B in total assets, $238M in cash and $39.9M in long-term debt.

Key figures

$174M2022$264M2023$285M2024$433M2025
Hesai Group — Key figures
Key figuresFY2025YoYSource
RevenueRevenueFromContractWithCustomerExcludingAssessedTax$433M+52.1%FY20252025-12-31
Gross profitGrossProfit$181M+49.3%FY20252025-12-31
Operating incomeOperatingIncomeLoss$24.1M+$52.2MFY20252025-12-31
Net incomeNetIncomeLoss$62.3M+$76.4MFY20252025-12-31
Operating cash flowNetCashProvidedByUsedInOperatingActivities$16.7M+92.3%FY20252025-12-31
Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment$44.2M+24.4%FY20252025-12-31
Total assetsAssets$1.6B+96.2%FY20252025-12-31
Shareholders' equityStockholdersEquity$1.3B+137.8%FY20252025-12-31
CashCashAndCashEquivalentsAtCarryingValue$238M−38.8%FY20252025-12-31
Long-term debtLongTermDebtNoncurrent$39.9M+8.0%FY20252025-12-31

Revenue is total net sales for the fiscal year, taken from each company's own annual filing.

Profile

Legal name
Hesai Group
Ticker
HSAI
Exchange
Nasdaq
SIC classification
General Industrial Machinery & Equipment, NEC (3569)
Fiscal year end
12-31
CIK
0001861737

Filings

Similar in size, same sector

CompanyRevenueNet income
Flexsteel IndustriesFLXS$441M$20.2M
Circle8 GroupCIRC$436M−$59.4M
Ampco PittsburghAP$434M−$66.1M
Hesai GroupHSAI$433M$62.3M
EacoEACO$428M$32.3M
NNNNBR$422M$34.0M
Energy Services of AmericaESOA$411M$3.8M

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Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Hesai Group — Key figures |url=https://companiesranked.com/en/company/hesai-group |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Hesai Group — Key figures. CompaniesRanked. https://companiesranked.com/en/company/hesai-group

BibTeX

@misc{companiesranked-en-company-hesai-group-2026,
  author       = {{CompaniesRanked}},
  title        = {{Hesai Group — Key figures}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/hesai-group}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001104659-26-048025 · April 24, 2026

{{cite web |title=Hesai Group — Key figures — 20-F (0001104659-26-048025) |url=https://www.sec.gov/Archives/edgar/data/1861737/000110465926048025/hsai-20251231x20f.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-04-24}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.