Hesai Group (HSAI) Operating margin 2022–2025
Hesai Group (HSAI) operating margin by fiscal year — reported operating income divided by reported revenue.
5.6%FY2025 · since FY2022: -31.4% → 5.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 5.6% | +15.4 pp |
| FY2024 | -9.9% | +20.6 pp |
| FY2023 | -30.5% | +1.0 pp |
| FY2022 | -31.4% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice