# Hesai Group: overview HSAI · Nasdaq · CIK 1861737 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/hsai.md) · [Financials](/companies/hsai/financials.md) · [Filings](/companies/hsai/filings.md) · [Insiders](/companies/hsai/insiders.md) Revenue is not reported in this company’s XBRL financial statements. ## Last eight quarters Not reported. ## Last five fiscal years | Line item | Unit | FY (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [15.7](/filings/0001104659-24-051452.md) | [174](/filings/0001104659-23-047439.md) | [264](/filings/0001104659-24-051452.md) | [285](/filings/0001410578-25-000614.md) | [433](/filings/0001104659-26-048025.md) | | Gross margin | % | not reported | [39.2%](/filings/0001104659-23-047439.md) | [35.2%](/filings/0001104659-24-051452.md) | [42.6%](/filings/0001410578-25-000614.md) | [41.8%](/filings/0001104659-26-048025.md) | | Operating margin | % | not reported | [(31.4%)](/filings/0001104659-23-047439.md) | [(30.5%)](/filings/0001104659-24-051452.md) | [(9.9%)](/filings/0001410578-25-000614.md) | [5.6%](/filings/0001104659-26-048025.md) | | Net margin | % | not reported | [(25.0%)](/filings/0001104659-23-047439.md) | [(25.4%)](/filings/0001104659-24-051452.md) | [(4.9%)](/filings/0001410578-25-000614.md) | [14.4%](/filings/0001104659-26-048025.md) | | Diluted EPS | $ per share | not reported | [(0.94)](/filings/0001104659-23-047439.md) | [(0.54)](/filings/0001104659-24-051452.md) | [(0.11)](/filings/0001410578-25-000614.md) | [0.43](/filings/0001104659-26-048025.md) | | Free cash flow | $m | not reported | [(134)](/filings/0001104659-23-047439.md) | [(49.2)](/filings/0001104659-24-051452.md) | [(26.9)](/filings/0001410578-25-000614.md) | [(27.5)](/filings/0001104659-26-048025.md) | - Revenue. XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues; Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues; Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Net margin (net income / revenue). XBRL Revenue: us-gaap:Revenues; Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/hsai/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [SCHRODER INVESTMENT MANAGEMENT GROUP](/funds/1086619.md) | 2026-06-30 | $112.1m | 7,110,618 | | Reduced −825,963 | | [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $42.2m | 2,318,741 | | Added +445,040 | | [FMR LLC](/funds/315066.md) | 2026-06-30 | $34.9m | 1,913,991 | | Reduced −1,768,178 | | [DEUTSCHE BANK AG\\](/funds/948046.md) | 2026-06-30 | $34.2m | 1,874,748 | | Reduced −128,754 | | [FIL Ltd](/funds/318989.md) | 2026-06-30 | $33.0m | 1,810,382 | | Reduced −109,776 | | [Broad Peak Investment Advisers Pte Ltd](/funds/1547349.md) | 2026-06-30 | $24.6m | 1,349,000 | | Added +484,000 | | [MANUFACTURERS LIFE INSURANCE COMPANY, THE](/funds/928047.md) | 2026-06-30 | $22.6m | 1,239,963 | | Added +962,093 | | [FEDERATED HERMES, INC.](/funds/1056288.md) | 2026-06-30 | $22.5m | 1,233,431 | | Added +7,226 | | [MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.](/funds/1705339.md) | 2026-06-30 | $19.3m | 1,056,585 | | Added +40,251 | | [WEXFORD CAPITAL LP](/funds/1048462.md) | 2026-06-30 | $18.4m | 1,010,716 | | Added +210,731 | ## Recent filings [All 141 filings](/companies/hsai/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-10-20 | 11:03 ET | [6-K](/filings/0001104659-26-117122.md) | Report of a foreign private issuer, period 2026-10-20 | 0001104659-26-117122 | | 2026-09-17 | 13:00 ET | [6-K](/filings/0001104659-26-108451.md) | Report of a foreign private issuer, period 2026-09-17 | 0001104659-26-108451 | | 2026-09-08 | 12:44 ET | [6-K](/filings/0001104659-26-105703.md) | Report of a foreign private issuer, period 2026-09-08 | 0001104659-26-105703 | | 2026-08-28 | 11:54 ET | [6-K](/filings/0001104659-26-102747.md) | Report of a foreign private issuer, period 2026-08-28 | 0001104659-26-102747 | | 2026-08-18 | 10:12 ET | [6-K](/filings/0001104659-26-098050.md) | Report of a foreign private issuer, period 2026-08-18 | 0001104659-26-098050 | | 2026-07-31 | 13:09 ET | [6-K](/filings/0001104659-26-089024.md) | Report of a foreign private issuer, period 2026-07-31 | 0001104659-26-089024 | | 2026-07-27 | 11:57 ET | [6-K](/filings/0001104659-26-086853.md) | Report of a foreign private issuer, period 2026-07-27 | 0001104659-26-086853 | | 2026-07-10 | 12:07 ET | [6-K](/filings/0001104659-26-082435.md) | Report of a foreign private issuer, period 2026-07-10 | 0001104659-26-082435 | | 2026-07-10 | 12:04 ET | [6-K](/filings/0001104659-26-082432.md) | Report of a foreign private issuer, period 2026-07-10 | 0001104659-26-082432 | | 2026-07-08 | 11:48 ET | [6-K](/filings/0001104659-26-081573.md) | Report of a foreign private issuer, period 2026-07-08 | 0001104659-26-081573 | ## Latest annual report [Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-048025.md), filed Apr 24, 2026. ## Forecast league Not in this season’s league. [This season’s league](/leagues.md) ## About the filer - CIK: 1861737 - Tickers: HSAI, HSIGF - Exchange: Nasdaq - SIC code: 3569 General Industrial Machinery & Equipment, NEC - State of incorporation: E9 - Filer category: Large accelerated filer Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:49 ET. No prices; not investment advice.