Welcome to our dedicated page for Hesai Group news (Ticker: HSAI), a resource for investors and traders seeking the latest updates and insights on Hesai Group stock.
Hesai Group reports developments in three-dimensional light detection and ranging, or lidar, and 3D perception systems for ADAS-equipped passenger and commercial vehicles, autonomous mobility fleets, and robotics applications. News commonly covers unaudited financial results, shipment trends, product platforms, and deployments across automotive, logistics, service robot, and other physical AI use cases.
Company updates also include technology launches tied to in-house ASIC capabilities and integrated R&D, testing, and manufacturing, including platforms such as Picasso, ETX, Kosmo, and JT128. Other recurring items include safety and compliance collaborations, third-party lidar market reports, ESG publications, annual report notices, and ADR/HKEX-related corporate announcements.
Hesai Group (NASDAQ:HSAI; HKEX:2525) reported Q1 2026 net revenues of RMB680.6 million, up 29.6% year-over-year, with total lidar shipments of 471,723 units, up 140.9%.
GAAP net income reached RMB18.3 million versus a prior-year loss; non-GAAP net income was RMB47.7 million, up 452.9%. Gross margin was 39.1%. The company highlighted a new strategic lidar partnership with Mercedes-Benz, its Picasso 6D full-color SPAD-SoC, Kosmo SGI launch, and guided Q2 2026 net revenues of RMB850–900 million, implying 20–27% year-over-year growth.
Hesai Group (Nasdaq: HSAI; HKEX: 2525) was named the No.1 supplier in long-range ADAS lidar shipments in 2025 by Yole Group's "Automotive ADAS 2026" report, holding a 43% volume share in passenger-car long-range lidar. The segment accounted for ~3.1M of 3.7M passenger-vehicle lidar units.
The report cites 60% YoY market growth, a global automotive lidar market >$1B, Hesai's cumulative deliveries surpassing 2 million, monthly output >200,000 units, and design wins with 40 brands across 160 vehicle models.
Hesai (Nasdaq: HSAI) was ranked No.1 in long-range ADAS lidar shipments for the fifth consecutive year by Yole Group on May 5, 2026. The report cites a 43% volume share in passenger‑car long‑range ADAS lidar and notes long‑range units accounted for 3.1M of 3.7M passenger vehicle lidar shipments.
Yole Group reports the global automotive lidar market grew ~60% YoY and surpassed $1 billion. Hesai reported cumulative deliveries above 2M units, design wins with 40 automotive brands across >160 models, and monthly production exceeding 200,000 units.
Hesai Group (NASDAQ: HSAI) will report first quarter 2026 unaudited financial results on Tuesday, May 19, 2026 before U.S. markets open. Management will host an earnings conference call at 8:00 AM ET (8:00 PM Beijing/Hong Kong Time).
A live and archived webcast will be on the company investor relations website and a replay will be available by phone through May 26, 2026. Pre-registration is required for dial-in details.
Hesai Group (NASDAQ: HSAI) filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the SEC on April 24, 2026 and published its 2025 ESG Report. The annual report includes audited consolidated financial statements and is available on the SEC and the company's investor relations website. The company will provide free hard copies of the annual report and highlights ESG priorities including technology innovation, talent development, safety management, and sustainability.
Hesai Technology (Nasdaq: HSAI) unveiled Picasso, a 6D full-color SPAD-SoC and an upgraded ETX lidar series supporting up to 4,320 channels, plus Kosmo spatial-intelligence hardware and robotic actuation modules.
Key specs: Picasso PDE >40%, ETX range to 600m, ETX mass production targeted H2 2026, and broad commercial traction with 230M+ cumulative shipments.
Hesai (NASDAQ: HSAI) showcased its JT128 mini 3D lidar at MODEX 2026 and announced a collaboration with Thoro.ai to power the latter’s safety-certified AI autonomy across industrial and commercial robots.
The JT128 will equip four new autonomous mobile robots launching next year, offering a 30 mm window height, 70% smaller volume, and a 360°×187° ultra-hemispherical field of view for all-around perception.
Hesai (NASDAQ: HSAI) reported Q4 2025 net revenue of RMB1,000.5m (US$143.1m), Q4 lidar shipments of 631,095 units, and Q4 net income of RMB153.2m (US$21.9m). For full-year 2025, net revenue was RMB3,027.6m (US$432.9m), shipments 1,620,406 units, and net income RMB435.9m (US$62.3m).
The company achieved full-year GAAP profitability, raised 2026 shipment guidance to 3–3.5 million units, plans >4 million annual capacity in 2026, and cited partnerships with NVIDIA and regional distribution with Grab.
Hesai (NASDAQ: HSAI) joined the NVIDIA Halos AI Systems Inspection Lab on March 16, 2026, to evaluate and validate its lidar platforms under an ANAB‑accredited framework for functional safety, cybersecurity, and AI compliance. The move builds on Hesai's prior integrations with NVIDIA and its portfolio of ISO 26262 certified lidar products.
Hesai has delivered more than 2 million lidar units globally and was selected as a lidar partner for NVIDIA DRIVE AGX Hyperion 10, reinforcing its role in defining safety architecture for AVs and robotics.
Hesai Group (NASDAQ: HSAI) will report its fourth quarter and full year 2025 unaudited financial results on Tuesday, March 24, 2026, before the U.S. market opens.
Management will host an earnings conference call at 8:00 AM ET (8:00 PM Beijing/Hong Kong Time) the same day. A live and archived webcast will be on the company investor relations site, with a replay available by phone through March 31, 2026.