← Hesai Group
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Net revenues | $415.5m | $720.8m | $1.2b | $1.9b | $2.1b | $3.0b | $3.2b | |
| Cost of revenues | ($176.6m) |
($339.0m)
-91.94%
|
($730.7m)
-115.56%
|
($1.2b)
-66.37%
|
($1.2b)
+1.90%
|
($1.8b)
-47.79%
|
$1.9b
+206.15%
|
|
| Gross Profit | $238.9m |
$381.8m
+59.80%
|
$472.0m
+23.62%
|
$661.4m
+40.13%
|
$884.6m
+33.75%
|
$1.3b
+43.02%
|
$1.3b
+3.70%
|
|
| Research and development expenses | ($229.7m) | ($368.4m) | ($555.2m) | ($790.5m) | ($855.6m) | ($796.9m) | $818.3m | |
| Sales and marketing expenses | ($49.9m) | ($69.3m) | ($104.8m) | ($148.8m) | ($193.0m) | ($192.0m) | — | |
| General and administrative expenses | ($76.6m) | ($236.7m) | ($201.0m) | ($320.1m) | ($316.9m) | ($288.8m) | $287.5m | |
| Total operating expenses | ($340.7m) | ($647.1m) | ($850.2m) | ($1.2b) | ($1.1b) | ($1.1b) | $1.2b | |
| Other operating income, net | $15.4m | $27.3m | $10.8m | $26.5m | $276.1m | $181.4m | — | |
| Interest expenses | — | — | $0 | ($3.1m) | ($12.8m) | ($18.9m) | $19.7m | |
| Interest income | $20.9m | $32.6m | $58.7m | $99.8m | $104.4m | $130.2m | $166.5m | |
| Other income (loss), net | ($828k) | $118k | ($2.2m) | $34k | ($2.5m) | $184.6m | — | |
| Net (loss) income before income tax and share of loss in equity method investments | ($107.4m) | ($245.9m) | ($300.8m) | ($475.3m) | ($101.2m) | $466.8m | — | |
| Share of loss in equity method investment | ($4k) | ($84k) | ($45k) | ($45k) | ($13k) | ($74k) | — | |
| Income tax expense | $199k | $1.1m | $66k | ($658k) | ($1.1m) | ($30.8m) | $30.9m | |
| Basic (amounts per share) | ($1.19) | ($2.34) | ($2.60) | ($3.81) | ($0.78) | $3.35 | — | |
| Diluted (amounts per share) | ($1.19) | ($2.34) | ($2.60) | ($3.81) | ($0.78) | $3.19 | — | |
| (Loss) income from operations | ($101.8m) | ($265.3m) | ($378.2m) | ($571.6m) | ($204.9m) | $168.8m | — | |
| Foreign exchange (loss) gain, net | ($25.7m) | ($13.3m) | $20.9m | ($452k) | $14.6m | $2.2m | — | |
| Net (loss) income | ($107.2m) | ($244.8m) | ($300.8m) | ($476.0m) | ($102.4m) | $435.9m | — | |
| Net (loss) income attributable to ordinary shareholders of the Company | ($107.2m) | ($2.5b) | ($747.2m) | ($476.0m) | ($102.4m) | $435.9m | — | |
| Foreign currency translation adjustments | ($1.9m) | $9.1m | ($12.1m) | $42.0m | $18.5m | ($50.4m) | — | |
| Comprehensive (loss) income | ($109.2m) | ($235.7m) | ($312.8m) | ($433.9m) | ($83.8m) | $385.4m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.