Hesai Group
Income Statement
| Line Item | FY2025 | FY2024 |
|---|---|---|
| Revenue | $432.9M | $284.6M |
| Cost of Revenue | $252.0M | $163.4M |
| Gross Profit | $180.9M | $121.2M |
| Gross Margin | 41.8% | 42.6% |
| Operating Expenses | ||
| Research & Development | $114.0M | $117.2M |
| SG&A Expense | $41.3M | $43.4M |
| Operating Income | $24.1M | $-28.1M |
| Operating Margin | 5.6% | -9.9% |
| Interest Expense | — | — |
| Pretax Income | — | — |
| Income Tax Expense | $4.4M | $155.0K |
| Net Income | $62.3M | $-14.0M |
| Net Margin | 14.4% | -4.9% |
| EPS (Basic) | $0.45 | $-0.11 |
| EPS (Diluted) | $0.43 | $-0.11 |
| Shares Outstanding (Basic) | 139.1M | 129.2M |
| Shares Outstanding (Diluted) | 146.4M | 129.2M |
| Dividends Per Share | — | — |