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Hesai Group's Business Segments

Hesai Group's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.

Segment Data As of 2025 ((Dec 31 2025))
Reportable Segments
1
Per the company's own filing, this fiscal year
Largest Segment
Single Operating Segment
Total Revenue
$ 421
Consolidated, this fiscal year
Regions Reported
2
Geographic regions, this fiscal year
API endpoints for this dataset
https://api.csimarket.com/api/v1/companies/HSAI/segments
https://api.csimarket.com/api/v1/companies/HSAI/geographic
https://api.csimarket.com/api/v1/companies/HSAI/exposure
Programmatic access for models, analytics, and integration workflows.
Dataset & schema
https://api.csimarket.com/api/datasets/business_segments
https://api.csimarket.com/api/schema/business_segments
https://api.csimarket.com/api/meta/business_segments

Annual Results

Revenue Share by Reportable Segment - FY2025

0%largest
  • Single Operating Segment0%

Revenue by Reportable Segment - FY2025

SegmentPeriodRevenue
(Millions)
% of TotalOperating Income
Single Operating SegmentFY2025$ 3,028--

Revenue Share by Region - FY2025

0%largest
  • North America0%
  • Europe33.2%

Revenue by Geographic Region - FY2025

RegionPeriodRevenue
(Millions)
% of Total
North AmericaFY2025$ 452-
EuropeFY2025$ 14033.2%

Revenue by Product & Service Category - FY2025

0%largest
  • Revenue From Lidar Products0%
  • Engineering Design Development and Validation Service and Solution Revenue8.6%
  • Other Product Revenues2.3%
  • Service Other2%

Revenue by Product & Service Category - FY2025

CategoryPeriodRevenue
(Millions)
% of Total
Revenue From Lidar ProductsFY2025$ 2,973-
Engineering Design Development and Validation Service and Solution RevenueFY2025$ 368.6%
Other Product RevenuesFY2025$ 102.3%

Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.

1 more categories available

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Description of Hesai Group

Hesai Group is a cutting-edge technology company that specializes in developing and manufacturing high-precision LiDAR (Light Detection and Ranging) sensors. LiDAR technology uses lasers to measure distances and create highly accurate 3D maps of the surrounding environment. Hesai Group is headquartered in Shanghai, China and has established itself as a prominent player in the autonomous driving industry.

The company was founded in 2013 by Dr. Hu Haiying, a renowned expert in laser technology and computer vision. Under Dr. Hu's visionary leadership, Hesai Group has rapidly grown and gained recognition for its innovative LiDAR solutions.

Hesai Group's product portfolio includes various LiDAR sensors that cater to different needs and applications. Their flagship product, the Pandar64, is a high-resolution LiDAR sensor that delivers exceptional data accuracy and range. It can capture up to 300,000 points per second and has a range of up to 200 meters, making it suitable for use in autonomous vehicles and other advanced robotics applications.

In addition to the Pandar64, Hesai Group offers other LiDAR models like the PandarGT, PandarXT, and PandarQT, each with its own unique specifications and features. These sensors are widely used in autonomous driving research and development, mapping and surveying, and industrial automation.

One of the key strengths of Hesai Group lies in its research and development capabilities. The company has a strong team of engineers and scientists who constantly push the boundaries of LiDAR technology, striving for better performance, higher resolution, and increased reliability. Hesai Group has obtained numerous patents and has a robust intellectual property portfolio, solidifying its position as an industry leader.

Hesai Group's commitment to quality and reliability is evident in its rigorous manufacturing processes. The company strictly adheres to international standards and has established a comprehensive quality control system to ensure that every sensor that leaves its production line meets the highest standards of performance and durability.

In addition to research, development, and manufacturing, Hesai Group also provides comprehensive support and services to its customers. The company offers software development kits (SDKs) and APIs (Application Programming Interfaces) that enable seamless integration of its LiDAR sensors into various applications. Hesai Group also provides technical support and training to assist customers in optimizing the performance of their LiDAR systems.

Hesai Group's LiDAR sensors have gained widespread recognition and are trusted by some of the most prominent companies in the autonomous driving industry. Their sensors have been deployed in various autonomous vehicles, including passenger cars, trucks, and robotaxis. The company's LiDAR technology has also been used for smart city projects, environmental monitoring, and virtual reality applications.

Overall, Hesai Group is a dynamic and innovative technology company at the forefront of LiDAR development. With its state-of-the-art sensors, relentless commitment to quality, and dedication to advancing autonomous driving technology, Hesai Group continues to shape the future of transportation and robotics.
Hesai Group is a leading provider of lidar technology and solutions that cater to a variety of sectors, principally in the automotive, robotics, and smart infrastructure domains. The company has established itself as a globally recognized brand in lidar systems, known for its innovation, reliability, and broad application.

Segments

1. Automotive Sector:
- Hesais primary focus is on the development of advanced driver-assistance systems (ADAS) and autonomous driving solutions. Their automotive lidar products serve to enhance vehicle safety, navigation, and overall driving experience, contributing significantly to the evolution of autonomous vehicles.
- The automotive segment is further divided into different classes of vehicles, including passenger cars, commercial vehicles, and specialized vehicles (such as buses and trucks).

2. Robotics and Drones:
- Hesai provides solutions for various robotic applications, including industrial robots and service robots. Their lidar systems support functionalities like obstacle detection, navigation, and environment mapping.
- In the drone sector, Hesais products enable aerial surveying, agriculture monitoring, and search and rescue operations, ensuring accurate 3D mapping and obstacle avoidance.

3. Smart Infrastructure:
- The company also extends its reach into smart city initiatives and infrastructure management. Lidar technology is employed in applications such as traffic management, urban planning, and environmental monitoring, aiding in the enhancement of public safety and efficiency in urban areas.

4. Mapping and Surveying:
- Hesai’s lidar systems are invaluable in geospatial applications, including topographical mapping and construction site monitoring. Professional surveys often leverage the high accuracy and detailed point cloud data provided by Hesais lidar sensors.

Products and Services

1. Lidar Sensors:
- Solid-State Lidar: These sensors are more robust and reliable, designed for long-term use in automotive applications. They provide high-resolution imaging with a long detection range, essential for safe autonomous navigation.
- Rotating Lidar: These are typically used for applications requiring wide-ranging field-of-view coverage. Hesais rotating lidars are commonly found in mapping and surveying fields.
- Compact Lidar: Designed for smaller platforms, compact lidars offer lightweight and efficient performance for drones and robotics.

2. Software Solutions:
- Hesai develops a range of software tools for data processing and analysis. These tools enable users to interpret the data collected by lidar sensors, facilitating applications from traffic analysis to 3D modeling.

3. Integration Solutions:
- The company provides integration services that allow manufacturers to seamlessly incorporate Hesai lidar technologies into their products. This includes support for hardware installation, system calibration, and interface configuration.

4. Technical Support and Consulting:
- Hesai offers technical expertise to clients, providing insights on lidar technology implementation, performance optimization, and troubleshooting, ensuring that customers make the most of their lidar systems in various applications.

International Operations

Hesai Group is not confined to the domestic market and has grown its presence internationally. The companys operations encompass several key global regions:

1. North America: Hesai has established partnerships with major automotive manufacturers and technology firms within the United States and Canada. This expansion aligns with the growing interest in autonomous vehicle technology and intelligent transportation systems in North America.

2. Europe: The European market is critical for Hesai, especially regarding stringent regulations around vehicle safety and emissions. Hesais technology supports compliance with these regulations while enabling innovations in vehicle automation.

3. Asia-Pacific: Apart from its stronghold in China, Hesai has been expanding its reach to other Asia-Pacific nations, particularly those investing heavily in smart city initiatives and autonomous technologies.

4. Research and Development Collaborations: Hesai actively engages in collaborations with universities and research institutions worldwide to further develop lidar technology and explore novel applications.

Updates and Future Directions

Hesai Group continues to innovate and adapt its product offerings in response to evolving technological landscapes and market demands. The company is increasingly focused on:

- Advancements in Sensor Technology: Developing next-generation sensors that offer greater range, improved resolution, and enhanced durability. This includes integration with artificial intelligence to enhance data processing and environmental understanding.
- Sustainability Initiatives: Hesai is committed to sustainable practices, working on reducing the environmental impact of their manufacturing processes and developing energy-efficient products that contribute to a greener future.
- Expanding Applications: Beyond the current verticals of automotive, robotics, and infrastructure, Hesai is exploring new markets such as agriculture, logistics, and disaster management, leveraging lidars capabilities to solve real-world problems.

Overall, Hesai Group remains committed to leading the lidar market through strategic international operations, robust product development, and a strong focus on customer-oriented solutions.
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