The earnings call highlighted Hesai's impressive growth in shipments and revenue, major design wins with multiple OEMs, and a strong reduction in net loss. Despite potential challenges from tariffs and competitive pressures, the company maintains a positive profitability outlook and industry leadership position.

Company Guidance -

Q1 2025

During Hesai Group's First Quarter 2025 earnings call, the company provided robust guidance and highlighted significant growth metrics. Notably, shipments of LiDAR units surged over 200% year-over-year to nearly 200,000 units, contributing to a 46% increase in net revenue, which reached RMB 525.3 million ($752.4 million). Impressively, the company reduced its net loss by 84% year-over-year to RMB 70.5 million ($2.4 million). Hesai maintained a healthy gross margin of 42% while trimming operating expenses by 9%. For the second quarter, they forecast net revenues between RMB 680 million ($93.7 million) and RMB 720 million ($99.2 million), anticipating shipments of over 300,000 units, reflecting a year-over-year growth of nearly 250%. The company expects to achieve GAAP breakeven in Q2 and remains confident in its 2025 full-year revenue guidance of RMB 3 to 3.5 billion, with shipment targets of 1.2 to 1.5 million units and gross margin around 40%.

Record LiDAR Unit Shipments

Hesai Group shipped nearly 200,000 LiDAR units in Q1 2025, more than tripling the volume from the same period last year, demonstrating exceptional growth.

Significant Revenue Growth

Net revenue increased by 50% year over year, reaching RMB 525.3 million or $752.4 million, supported by strong operational execution and market demand.

Recognition as Industry Leader

Hesai was ranked as the number one global leader in automotive LiDAR market share by Yole Intelligence, with leading positions in the automotive, passenger car, and robo-taxi markets.

Major OEM Partnerships and Design Wins

Secured major design wins with multiple OEMs including Li Auto, Zeekr, and international partnerships, achieving widespread adoption of ATX LiDAR as a standard feature.

Substantial Reduction in Net Loss

Net loss was reduced by 84% year over year, demonstrating effective cost management and operational efficiency.

Positive Profitability Outlook

Guided for GAAP breakeven in Q2 2025, with strong revenue and shipment growth expected to continue.

Dismissal of Patent Infringement Case

Successfully dismissed Ouster's patent infringement case with no conditions, reaffirming the strength of Hesai's IP portfolio.

Hesai Group Sponsored ADR (HSAI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

HSAI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 18, 2025	2025 (Q2)	0.06 / -	-0.56	―	―	―
May 26, 2025	2025 (Q1)	-0.02 / -0.02	-0.117	84.52% (+0.10)	―
Mar 10, 2025	2024 (Q4)	0.20 / 0.15	-0.154	197.30% (+0.30)	―
Nov 25, 2024	2024 (Q3)	-0.02 / -0.08	-0.157	48.58% (+0.08)	―
Aug 19, 2024	2024 (Q2)	-0.06 / -0.08	-0.082	5.08% (<+0.01)	―
May 20, 2024	2024 (Q1)	-0.08 / -0.12	-0.136	14.29% (+0.02)	―
Mar 11, 2024	2023 (Q4)	0.23 / -0.15	-0.163	5.37% (<+0.01)	―
Nov 13, 2023	2023 (Q3)	-0.22 / -0.16	-0.011	-1278.05% (-0.15)	―
Aug 14, 2023	2023 (Q2)	-0.19 / -0.08	-0.012	-602.38% (-0.07)	―
May 23, 2023	2023 (Q1)	-0.09 / -0.14	-0.004	-2962.50% (-0.13)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HSAI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Mar 10, 2025	$16.01	$24.08	+50.41%
Nov 25, 2024	$4.75	$6.86	+44.42%
Aug 19, 2024	$4.53	$4.17	-7.95%
May 20, 2024	$5.26	$4.53	-13.88%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Hesai Group Sponsored ADR (HSAI) report earnings?

Hesai Group Sponsored ADR (HSAI) is schdueled to report earning on Aug 18, 2025, After Close (Confirmed).

What is Hesai Group Sponsored ADR (HSAI) earnings time?

Hesai Group Sponsored ADR (HSAI) earnings time is at Aug 18, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is HSAI EPS forecast?

HSAI EPS forecast for the fiscal quarter 2025 (Q2) is 0.06.

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