Stocktoria
Hesai Group HSAI
Nasdaq · XNAS · stock · General Industrial Machinery & Equipment, NEC · website · IPO 2023-02-09
Hesai Group financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $432.9M | $284.6M | $264.4M | $174.4M | $720.8M |
| Gross profit | $180.9M | $121.2M | $93.2M | $68.4M | $381.8M |
| R&D expense | $114.0M | $117.2M | $111.3M | $80.5M | $368.4M |
| Operating income | $24.1M | -$28.1M | -$80.5M | -$54.8M | -$265.3M |
| Interest expense | — | — | $432,000 | — | — |
| Income tax | $4.4M | $155,000 | $93,000 | -$10,000 | -$1.1M |
| Net income | $62.3M | -$14.0M | -$67.0M | -$43.6M | -$244.8M |
| EPS (diluted) | $0.43 | $-0.11 | $-0.54 | $-0.94 | $-23.39 |
| Operating cash flow | $16.7M | $8.7M | $8.1M | -$100.9M | -$228.4M |
| Free cash flow | -$27.5M | -$26.9M | -$49.2M | -$134.4M | -$448.5M |
| Cash & equivalents | $237.9M | $388.9M | $219.0M | $132.4M | $449.4M |
| Inventory | $95.9M | $66.1M | $69.8M | $93.8M | $376.2M |
| Total assets | $1.6B | $820.6M | $797.6M | $556.7M | $4.0B |
| Total liabilities | $329.3M | $281.9M | $253.6M | $144.6M | $902.5M |
| Shareholders' equity | $1.3B | $538.6M | $544.0M | -$456.0M | -$2.5B |
Source: SEC EDGAR filings · CIK 0001861737 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.