Jun 2026 (Q2 FY26) — Aug 18, 2026
Hesai Group Q2 FY26 — Strong Lidar Growth and Rapid SGI Expansion
Read the full callHesai Group earnings: last reported Tue, 18 Aug 2026, for the quarter ended Jun 2026.
Price
1Y: $22.45 on 17 Oct 2025 → $12.92. High $28.79 (21 Jan 2026), low $12.42 (16 Oct 2026).
Overview
Call summaries
Hesai Group Q2 FY26 — Strong Lidar Growth and Rapid SGI Expansion
Read the full callHesai Group Q1 FY26 — Strategic Shift to Physical AI and Mercedes-Benz Partnership
Read the full callHesai Group Q4 FY25 — Achieves Industry-First Full-Year GAAP Profitability and Raises 2026 Lidar Shipment Outlook
Read the full callEvery analysed call
Financials
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Reserves | — | -345 | -411 | -466 | -467 | -425 |
| Total liabilities | — | 142 | 145 | 254 | 282 | 329 |
| Fixed assets | — | 51 | 73 | 123 | 879 | 1,022 |
| Investments | — | 369 | 137 | 223 | 50 | 442 |
| Total assets | — | 622 | 557 | 798 | 821 | 1,610 |
| Line item | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Cash from operations | -54 | -36 | -101 | 8 | 9 | 17 |
| Cash from investing | 27 | -312 | 162 | -149 | 131 | -794 |
| Cash from financing | 49 | 378 | 2 | 224 | 34 | 621 |
| Capital expenditure | -10 | -35 | -34 | -57 | -36 | -44 |
| Free cash flow | -64 | -71 | -134 | -49 | -27 | -28 |
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| LiDAR shipments | 471K+This performance was supported by total lidar shipments of over 471,000 units for the first quarter with both broad-based ADAS and Robotic shipments more than doubling year-over-year.Source: earnings call transcript | 628K+Total lidar shipments reached over 628,000 units, up close to 80% year-over-year.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
1 filing, all on Sep 19, 2026.
Nobody bought or sold HSAI on the open market in this window. The filing below is 1 option exercise.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 19, 2026 | Fan Peng Chief Financial Officer | Option exercise | 50,000 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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