Hesai (ADR) (HSAI)
Builds three-dimensional lidar systems for vehicle automation and robotics.
$16.39
vs last close−0.71 (−4.18%)
In millions of USD, except per-share figures · converted from CNY at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 66 | 84 | 54 | 68 | 80 | 107 | 78 | 105 | 119 | 149 | 102 | 128 |
| Cost of revenue | 46 | 49 | 33 | 38 | 42 | 65 | 46 | 61 | 69 | 88 | 62 | 77 |
| Gross profit | 20 | 35 | 21 | 31 | 38 | 42 | 33 | 45 | 50 | 61 | 40 | 52 |
| 45 | 59 | 41 | 45 | 50 | 26 | 38 | 41 | 38 | 53 | 41 | 51 | |
| Research & development | 29 | 34 | 29 | 30 | 33 | 36 | 27 | 30 | 30 | 32 | 31 | 34 |
| 18 | 27 | 17 | 18 | 18 | 23 | 16 | 16 | 17 | 23 | 14 | 17 | |
| Selling & marketing | 5 | 7 | 6 | 8 | 7 | 7 | 8 | 6 | 7 | 8 | 6 | 7 |
| General & administrative | 12 | 20 | 10 | 10 | 11 | 16 | 8 | 10 | 11 | 15 | 8 | 10 |
| Other expenses | −1 | −3 | −4 | −3 | −1 | −33 | −5 | −4 | −9 | −2 | −4 | −1 |
| Operating income | −25 | −24 | −21 | −14 | −12 | 16 | −5 | 3 | 12 | 8 | −1 | 0 |
| 4 | 3 | 5 | 4 | 1 | 6 | 2 | 3 | 31 | 15 | 4 | 10 | |
| Interest income | 4 | 5 | 5 | 4 | 4 | 3 | 3 | 3 | 1 | 9 | 8 | 9 |
| Interest expense | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 |
| Other non-operating income | −4 | 2 | −5 | −4 | −2 | −7 | −3 | −4 | −31 | −15 | −5 | −11 |
| Income before tax | −21 | −21 | −16 | −11 | −11 | 22 | −3 | 7 | 42 | 23 | 3 | 11 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 0 |
| Net income from continuing operations | −21 | −21 | −16 | −11 | −10 | 22 | −3 | 7 | 38 | 23 | 3 | 11 |
| Net income | −21 | −21 | −16 | −11 | −10 | 22 | −3 | 7 | 38 | 23 | 3 | 11 |
| EPS, basic | −$0.17 | −$0.17 | −$0.13 | −$0.08 | −$0.08 | $0.16 | −$0.02 | $0.05 | $0.28 | $0.15 | $0.02 | $0.07 |
| EPS, diluted | −$0.17 | −$0.17 | −$0.13 | −$0.08 | −$0.08 | $0.16 | −$0.02 | $0.05 | $0.27 | $0.14 | $0.02 | $0.06 |
| Weighted average shares, basic | 126 | 126 | 127 | 129 | 130 | 136 | 131 | 132 | 136 | 156 | 156 | 156 |
| Weighted average shares, diluted | 126 | 126 | 127 | 129 | 130 | 136 | 131 | 139 | 144 | 163 | 163 | 163 |
| EBITDA | −21 | −23 | −12 | −10 | −10 | 23 | 3 | 13 | 43 | 24 | 4 | 11 |
| Depreciation & amortization | 0 | 3 | 3 | 0 | 0 | 0 | 5 | 6 | 0 | 0 | 0 | 0 |
| EBIT | −21 | −26 | −16 | −10 | −10 | 23 | −2 | 8 | 43 | 24 | 4 | 11 |
