Quick Answer
Hesai Group reported Total Revenue of $284.57 million for fiscal year 2024.
Hesai Group — Key Financials by Year
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Total Revenue | $284.57M | $0.00 | $0.00 -100.0% |
$15.65M -96.2% |
$415.51M | — |
| Revenue (ASC 606) | $284.57M -84.8% |
$1.88B +56.1% |
$1.20B +66.9% |
$720.77M +73.5% |
$415.51M | — |
| Net Income | -$102.38M +78.5% |
-$475.97M -58.3% |
-$300.76M -22.8% |
-$244.83M -128.3% |
-$107.22M | — |
| Diluted EPS | -$0.79 +79.3% |
-$3.81 +41.1% |
-$6.47 +72.3% |
-$23.39 -1865.5% |
-$1.19 | — |
| Total Assets | $5.99B +5.8% |
$5.66B +47.5% |
$3.84B -2.9% |
$3.95B | — | — |
| Cash and Equivalents | $388.94M -75.0% |
$1.55B +70.2% |
$913.28M +103.2% |
$449.35M | — | — |
| Long-Term Debt | $269.44M -5.8% |
$285.90M +1447.7% |
$18.47M | — | — | — |
| Stockholders Equity | $3.93B +1.8% |
$3.86B +222.8% |
-$3.15B -26.3% |
-$2.49B -319.0% |
$1.14B +771.2% |
-$169.43M |
| R&D Expense | $117.22M -85.2% |
$790.55M +42.4% |
$555.18M +50.7% |
$368.44M +60.4% |
$229.65M | — |
| Operating Income | -$28.07M +95.1% |
-$571.59M -51.1% |
-$378.22M -42.6% |
-$265.29M -160.6% |
-$101.81M | — |
| Gross Profit | $884.59M +33.7% |
$661.38M +40.1% |
$471.99M +23.6% |
$381.80M +59.8% |
$238.91M | — |
- Hesai Group reported Total Revenue of $284.57 million for fiscal year 2024.
- Hesai Group reported Revenue (ASC 606) of $284.57 million for fiscal year 2024.
- Hesai Group showed a decrease of -84.8% in Revenue (ASC 606) compared to the prior fiscal year.
- Hesai Group reported Net Income of -$102.38 million for fiscal year 2024.
- Hesai Group showed an increase of +78.5% in Net Income compared to the prior fiscal year.
- Hesai Group reported Diluted EPS of $0.79 per share (loss) for fiscal year 2024.
- Hesai Group showed an increase of +79.3% in Diluted EPS compared to the prior fiscal year.
- Hesai Group reported Total Assets of $5.99 billion for fiscal year 2024.
- Hesai Group showed an increase of +5.8% in Total Assets compared to the prior fiscal year.
- Hesai Group reported Cash and Equivalents of $388.94 million for fiscal year 2024.
- Hesai Group showed a decrease of -75.0% in Cash and Equivalents compared to the prior fiscal year.
- Hesai Group reported Long-Term Debt of $269.44 million for fiscal year 2024.
- Hesai Group showed a decrease of -5.8% in Long-Term Debt compared to the prior fiscal year.
- Hesai Group reported Stockholders Equity of $3.93 billion for fiscal year 2024.
- Hesai Group showed an increase of +1.8% in Stockholders Equity compared to the prior fiscal year.
- Hesai Group reported R&D Expense of $117.22 million for fiscal year 2024.
- Hesai Group showed a decrease of -85.2% in R&D Expense compared to the prior fiscal year.
- Hesai Group reported Operating Income of -$28.07 million for fiscal year 2024.
- Hesai Group showed an increase of +95.1% in Operating Income compared to the prior fiscal year.
- Hesai Group reported Gross Profit of $884.59 million for fiscal year 2024.
- Hesai Group showed an increase of +33.7% in Gross Profit compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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