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Hesai Group Turns Profitable as Lidar Shipments and Market Share Surge in 2025

Story Highlights
  • Hesai Group’s lidar shipments and revenue jumped in 2025, with total units tripling and margins holding steady.
  • The company achieved full-year profitability, secured major market share gains, and is scaling capacity for rising lidar demand.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hesai Group Turns Profitable as Lidar Shipments and Market Share Surge in 2025

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Hesai Group Class B ( (HK:2525) ) has issued an update.

Hesai Group reported a surge in lidar shipments for 2025, with ADAS lidar units more than tripling and robotics lidar volumes increasing over fourfold, lifting total shipments to more than 1.6 million units. Net revenues rose 45.8% to RMB3,027.6 million, while gross margin held broadly steady at 41.8% despite aggressive volume growth.

The company turned profitable on a GAAP basis, posting RMB435.9 million in net income versus a loss a year earlier, and non-GAAP net income jumped sharply as well. Management highlighted that Hesai now holds over 40% of the long-range automotive lidar market, has design wins with all top ten Chinese automakers, is expanding into mass-market and higher-level ADAS applications, and plans to scale annual production capacity above 4 million units in 2026 to meet rising demand across automotive and robotics segments.

The most recent analyst rating on (HK:2525) stock is a Buy with a HK$265.00 price target. To see the full list of analyst forecasts on Hesai Group Class B stock, see the HK:2525 Stock Forecast page.

More about Hesai Group Class B

Hesai Group is a Cayman Islands–incorporated technology company focused on lidar solutions for advanced driver-assistance systems (ADAS) and robotics. It supplies long-range automotive lidar to major Chinese original equipment manufacturers and provides sensors for robotics applications, including humanoid and quadruped robots, robotaxis, robovans, and robotic lawn mowers, with a growing global market presence.

Average Trading Volume: 936,742

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$27.12B

For detailed information about 2525 stock, go to TipRanks’ Stock Analysis page.

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