Hesai Group Achieves Record 2025, Expects Continued Growth in 2026 with New Non-LiDAR Product Lines
ByAinvest
Tuesday, Mar 24, 2026 10:57 am ET1min read
HSAI--
Hesai Group reported record 2025 revenue of $433m, up 46% YoY, and full-year GAAP net income of RMB 436m. The company raised its 2026 shipment outlook and plans to commercialize two new non-LiDAR product lines. Hesai maintained leadership in automotive long-range LiDAR with over 40% share of the market, achieving full LiDAR adoption on best-selling models from partners including Li Auto and Xiaomi.
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