--- title: "Hesai (HSAI.US) — Financial Reports" type: "Symbol" locale: "en" url: "https://longbridge.com/en/quote/HSAI.US/norm.md" symbol: "HSAI.US" name: "Hesai" parent: "https://longbridge.com/en/quote/HSAI.US.md" datetime: "2026-05-19T14:09:06.090Z" locales: - [en](https://longbridge.com/en/quote/HSAI.US/norm.md) - [zh-CN](https://longbridge.com/zh-CN/quote/HSAI.US/norm.md) - [zh-HK](https://longbridge.com/zh-HK/quote/HSAI.US/norm.md) --- # Hesai (HSAI.US) — Financial Reports ## Income Statement (USD) | Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | | --- | --- | --- | --- | --- | --- | | EPS | 0.1341 | 0.2514 | 0.0440 | -0.0184 | 0.1493 | | ROE | 6.88% | 15.53% | 4.09% | -1.71% | 15.36% | | Revenue | 143.01M | 111.72M | 98.49M | 72.32M | 98.61M | | Net income | 21.89M | 35.98M | 6.15M | -2.42M | 20.13M | | Operating income | 9.29M | 10.87M | 3.19M | -4.60M | 14.60M | | Gross margin | 41.03% | 42.10% | 42.54% | 41.73% | 39.05% | | Net margin | 15.31% | 32.21% | 6.24% | -3.34% | 20.42% | | Profit quality | - | - | - | - | - | ## Balance Sheet (USD) | Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | | --- | --- | --- | --- | --- | --- | | A&L | 1.61B | 1.53B | 873.13M | 802.25M | 820.57M | | Leverage | 1.26 | 1.23 | 1.44 | 1.36 | 1.52 | | BVPS | 8.20 | 9.10 | 4.57 | 4.48 | 4.11 | | Turnover | 0.3510 | 0.3336 | 0.4179 | 0.3931 | 0.3565 | | Cash & STI | 681.15M | 1.03B | 398.18M | 393.33M | 440.07M | | Inv & Rec | 95.83M | 90.28M | 83.55M | 67.45M | 66.05M | | LT assets | 172.76M | 160.95M | 154.35M | 146.23M | 145.01M | | Net debt | -559.76M | -917.13M | -279.54M | -303.80M | -340.17M | ## Cash Flow Statement (USD) | Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | | --- | --- | --- | --- | --- | --- | | Operating CF | - | - | - | - | - | | Investing CF | - | - | - | - | - | | Financing CF | - | - | - | - | - | | Free CF | - | - | - | - | - | | OCF coverage | - | - | - | - | - | | Repaid & issued | - | - | - | - | - | | CapEx | - | - | - | - | - |