Develops lidar sensors for autonomous vehicles.
Dec 2025Revenue $433M/yrExpenses $409M/yr
Reached break-even Jul 2025
Figures by year
When did Hesai Group become profitable?
Its revenue passed its expenses in Jul 2025. In the 12 months to Dec 2025, revenue was $433M and expenses $409M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $433M | $409M | $24.1M |
| Dec 2024 | $285M | $313M | −$28.1M |
| Dec 2023 | $264M | $345M | −$80.5M |
| Dec 2022 | $174M | $229M | −$54.8M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.