Hesai (HSAI) Reports Q4 2025 Earnings with Strong Financial Performance
Hesai reported strong financial results for Q4 2025, including a GAAP net income of RMB 436 million and revenue exceeding RMB 3 billion. The company achieved significant growth in lidar unit shipments and secured numerous design wins with major automotive partners.

Topics: design wins gross margin market share net income operating expenses revenue shipments