Hesai Group (HSAI) Gross margin 2022–2025
Hesai Group (HSAI) gross margin by fiscal year — reported gross profit divided by reported revenue.
41.8%FY2025 · since FY2022: 39.2% → 41.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 41.8% | -0.8 pp |
| FY2024 | 42.6% | +7.4 pp |
| FY2023 | 35.2% | -4.0 pp |
| FY2022 | 39.2% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice
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