Hesai Group Financial Summary

Complete Filing Data

Hesai Group reported Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents of $389.43 million for FY2024.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Hesai Group did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020
Revenue *$284.6M$1.88B$1.20B$720.8M$415.5M
Selling And Marketing Expense$26.4M$148.8M$104.8M$69.3M$49.9M
Research And Development Expense$117.2M$790.5M$555.2M$368.4M$229.7M
Other Nonoperating Income Expense-$2.5M$34.0K-$2.2M$118.0K-$828.0K
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent$2.5M$42.0M-$12.1M$9.1M-$2.0M
Operating Income Loss-$28.1M-$571.6M-$378.2M-$265.3M-$101.8M
Operating Expenses$1.09B$1.23B$850.2M$647.1M$340.7M
Net Income Loss Available To Common Stockholders Basic-$102.4M-$476.0M-$747.2M-$2.46B-$107.2M
Net Income Loss-$102.4M-$476.0M-$300.8M-$244.8M-$107.2M
Income Tax Expense Benefit$1.1M$658.0K-$66.0K-$1.1M-$199.0K
Income Loss From Equity Method Investments-$13.0K-$45.0K-$45.0K-$84.0K-$4.0K
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments-$101.2M-$475.3M-$300.8M-$245.9M-$107.4M
Gross Profit$884.6M$661.4M$472.0M$381.8M$238.9M
General And Administrative Expense$43.4M$320.1M$201.0M$236.7M$76.6M
Cost Of Revenue$1.19B$1.22B$730.7M$339.0M$176.6M
Comprehensive Income Net Of Tax-$83.8M-$433.9M-$312.8M-$235.7M-$109.2M
Income Taxes Paid Net$58.0K$0.00-$1.2M$213.0K-$8.7M
Other Comprehensive Income Loss Tax Portion Attributable To Parent1$0.00$0.00$0.00$0.00$0.00

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$389.4M$1.56B$913.3M$449.4M$256.7M$112.7M
Stockholders Equity$3.93B$3.86B-$3.15B-$2.49B$1.14B-$169.4M
Contract With Customer Liability Current$4.5M$79.9M$40.4M$122.6M$9.4M$11.8M
Accounts Receivable Net Current$765.0M$524.8M$485.0M$85.8M$56.3M$36.5M
Inventory Write Down$304.0K$9.3M$39.4M$16.6M$7.1M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$1.27B$587.2M$438.8M$195.1M$150.4M
Fair Value Adjustment Of Short Term Investments-$195.0K-$15.1M$4.9M-$7.7M
Cash And Cash Equivalents At Carrying Value$388.9M$1.55B$913.3M$449.4M
Temporary Equity Dividends Adjustment$0.00$0.00$446.4M$2.21B
Gain Loss On Sale Of Property Plant Equipment-$258.0K$0.00-$369.0K-$169.0K-$28.0K
Stockholders Equity Note Subscriptions Receivable$292.7M$292.7M$310.2M$310.2M
Short Term Investments$49.6M$1.59B$945.9M$2.34B
Retained Earnings Accumulated Deficit-$3.41B-$3.31B-$2.83B-$2.19B
Prepaid Expense And Other Assets Current$26.5M$208.1M$126.5M$89.1M
Other Liabilities Noncurrent$61.1M$59.8M$13.1M$9.9M
Other Assets Noncurrent$100.2M$90.2M$57.1M$70.0M
Non Cash Lease Expenses$37.4M$34.4M$30.3M
Long Term Investments$4.4M$31.8M$31.9M$1.9M
Liabilities Noncurrent$428.9M$465.1M$42.1M$10.4M
Liabilities Current$1.63B$1.34B$955.5M$892.2M
Liabilities And Stockholders Equity$820.6M$5.66B$3.84B$3.95B
Liabilities$2.06B$1.80B$997.7M$902.5M
Inventory Net$482.1M$495.9M$646.9M$376.2M
Intangible Assets Net Excluding Goodwill$76.6M$78.7M$20.6M$19.6M
Assets Noncurrent$179.1M$1.26B$704.3M$459.0M
Assets Current$4.68B$4.40B$3.14B$3.49B
Assets$5.99B$5.66B$3.84B$3.95B

Quarterly (10-Q, single quarters)

Metric \ QuarterQ2 2021
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
Stockholders Equity
Contract With Customer Liability Current
Accounts Receivable Net Current
Inventory Write Down
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
Fair Value Adjustment Of Short Term Investments
Cash And Cash Equivalents At Carrying Value
Temporary Equity Dividends Adjustment$2.13B
Gain Loss On Sale Of Property Plant Equipment
Stockholders Equity Note Subscriptions Receivable
Short Term Investments
Retained Earnings Accumulated Deficit
Prepaid Expense And Other Assets Current
Other Liabilities Noncurrent
Other Assets Noncurrent
Non Cash Lease Expenses
Long Term Investments
Liabilities Noncurrent
Liabilities Current
Liabilities And Stockholders Equity
Liabilities
Inventory Net
Intangible Assets Net Excluding Goodwill
Assets Noncurrent
Assets Current
Assets

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments$3.78B$4.48B$6.98B$3.11B$2.26B
Payments To Acquire Short Term Investments$349.2M$5.10B$5.59B$4.81B$2.00B
Payments To Acquire Property Plant And Equipment$259.5M$406.7M$231.2M$220.1M$66.0M
Payments To Acquire Intangible Assets$11.8M$7.9M$9.2M$18.3M$10.6M
Net Cash Provided By Used In Operating Activities$63.5M$57.3M-$696.0M-$228.4M-$352.0M
Net Cash Provided By Used In Investing Activities$131.0M-$1.06B$1.12B-$1.98B$179.0M
Net Cash Provided By Used In Financing Activities$250.7M$1.59B$15.2M$2.40B$323.4M
Increase Decrease In Prepaid Deferred Expense And Other Assets-$17.0M$82.6M$33.6M$48.6M$8.8M
Increase Decrease In Other Noncurrent Liabilities$2.5M$37.8M$5.5M$13.8M-$3.7M
Increase Decrease In Other Noncurrent Assets-$2.2M$3.2M-$2.9M$5.6M$4.1M
Increase Decrease In Inventories-$26.7M-$146.0M$305.6M$237.8M$83.6M
Increase Decrease In Deferred Income Taxes$0.00$35.0K$27.0K$113.0K$156.0K
Increase Decrease In Contract With Customer Liability-$46.9M$39.5M-$91.7M$113.3M-$2.6M
Increase Decrease In Contract With Customer Asset$0.00$7.1M-$134.2M$108.7M$39.0M
Increase Decrease In Accrued Liabilities And Other Operating Liabilities$12.2M$80.3M-$41.1M$170.1M-$143.5M
Increase Decrease In Accounts Receivable$33.3M$90.8M$390.9M$31.7M$22.6M
Increase Decrease In Accounts Payable$75.0M$61.5M$128.9M$21.8M$36.3M
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations$2.0M$57.6M$25.1M-$2.4M-$6.5M
Depreciation Depletion And Amortization$18.1M$86.3M$53.6M$28.2M$19.2M
Share Based Compensation$15.9M$234.6M$105.2M$54.3M
Proceeds From Issuance Of Long Term Debt$120.3M$264.9M$18.5M
Payments Of Stock Issuance Costs$0.00$22.8M$3.3M
Increase Decrease In Operating Lease Liability-$33.8M-$34.6M-$30.1M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020
Earnings Per Share Diluted$-0.79$-3.81$-6.47$-23.39$-1.19
Earnings Per Share Basic$-0.11$-3.81$-6.47$-23.39$-1.19
Weighted Average Number Of Shares Outstanding Basic129.2M124.8M115.5M105.0M89.9M
Weighted Average Number Of Diluted Shares Outstanding129.2M124.8M115.5M105.0M89.9M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019
Product Warranty Accrual Classified Current$43.6M$28.4M$17.7M$13.9M$10.0M$7.5M
Contract With Customer Asset Net Current$1.4M$19.7M$12.6M$146.5M$38.3M
Other Operating Income Expense Net$37.8M$26.5M$10.8M$27.3M$15.4M
Interest Income Operating$14.3M$99.8M$58.7M$32.6M$20.9M
Foreign Currency Transaction Gain Loss Before Tax$14.6M-$452.0K$20.9M-$13.3M-$25.7M
Capital Expenditures Incurred But Not Yet Paid$17.0M$179.8M$102.2M$114.4M$3.8M
Adjustment For Foreign Currency Transaction Gain Loss Before Tax$355.0K$9.0K$5.9M-$10.9M-$21.5M
Land Use Rights Net$39.9M$40.7M$41.6M$42.5M

Most recent annual filing with the SEC: April 1, 2025

Data sourced from SEC EDGAR public filings as of August 4, 2026.