Hesai Technology Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Public

  • Employees
  • 733

Employees

  • Stock Symbol
  • 02525

Stock Symbol

  • Investments
  • 5

  • Share Price
  • $1.84
  • (As of Thursday Closing)

Hesai Technology General Information

Description

Founded in 2014, Hesai Group develops, manufactures, and sells three-dimensional light detection and ranging, or lidar, solutions. Its products serve a wide range of applications, especially in the advanced driver assistance systems and robotics markets. Most of Hesai's revenue comes from product sales (98% in 2025), primarily lidar solutions for ADAS and robotics applications. Service revenue (2%) is generated from engineering design, development, validation, and extended warranty services related to its lidar products. Mainland China is the company's largest market, accounting for 78% of total revenue, followed by North America (15%), Europe (5%), and other regions.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • Building A, No.658 Zhaohua Rd.
  • Changning District
  • Shanghai
  • China
+86 400
Primary Industry
Electronic Equipment and Instruments
Other Industries
Other Hardware
Stock Exchange
HKG
Corporate Office
  • Building A, No.658 Zhaohua Rd.
  • Changning District
  • Shanghai
  • China
+86 400

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Hesai Technology Stock Performance

As of 12-Nov-2026, Hesai Technology’s stock price is $1.84. Its current market cap is $2.31B with 1.26B shares.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.84 $1.97 $1.80 - $3.70 $2.31B 1.26B 9M $0.04

Hesai Technology Financials Summary

As of 30-Sep-2026, Hesai Technology has a trailing 12-month revenue of $524M.

In Thousands,
USD
TTM 30-Sep-2026 FY 2025 31-Dec-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023
EV 1,758,970 2,678,905 1,496,487 727,416
Revenue 523,767 421,004 289,481 265,303
EBITDA 66,645 (8,501) (68,657)
Net Income 46,836 60,612 (14,268) (67,276)
Total Assets 1,752,841 1,609,513 820,483 798,824
Total Debt 186,666 142,850 101,267 78,893
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Hesai Technology Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Hesai Technology Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Founded in 2014, Hesai Group develops, manufactures, and sells three-dimensional light detection and ranging, or lidar,
Electronic Equipment and Instruments
Shanghai, China
733 As of 2025

San Jose, CA
 

Shenzhen, China
 
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Hesai Technology Competitors (4)

One of Hesai Technology’s 4 competitors is Quanergy Solutions, a Venture Capital-Backed company based in San Jose, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Quanergy Solutions Venture Capital-Backed San Jose, CA
Robosense Formerly VC-backed Shenzhen, China
Benewake Venture Capital-Backed Beijing, China
Seyond Formerly VC-backed Sunnyvale, CA
To view Hesai Technology’s complete competitors history, request access »

Hesai Technology Patents

Hesai Technology Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2026223820-A1 Lidar and device Pending 25-Apr-2025
WO-2026195067-A1 Lidar Pending 21-Mar-2025
WO-2026171161-A1 Receiving assembly for lidar, lidar, and terminal device Pending 11-Feb-2025
WO-2026145693-A1 Frequency-modulated light source, method for modulating optical signal, and lidar Pending 31-Dec-2024
WO-2026138942-A1 Optical transceiver assembly for lidar, lidar, and terminal device Pending 26-Dec-2024
To view Hesai Technology’s complete patent history, request access »

Hesai Technology Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Hesai Technology Investments & Acquisitions (5)

Hesai Technology’s most recent deal was a Seed Round with Feimo Technology for . The deal was made on 17-Jul-2026.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Feimo Technology 17-Jul-2026 Seed Round Computers, Parts and Peripherals
Manycore Tech 15-Apr-2026 IPO Multimedia and Design Software
Fastree3D 01-Jan-2023 Merger/Acquisition Electronic Equipment and Instruments
Vertilite 02-Aug-2022 Later Stage VC Electronic Equipment and Instruments
Oxigraf 01-Mar-2019 Merger/Acquisition Electrical Equipment
To view Hesai Technology’s complete investments and acquisitions history, request access »

Hesai Technology ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Technology Hardware

Industry

Rank

Percentile

Electronic Components

Subindustry

Rank

Percentile

To view Hesai Technology’s complete esg history, request access »

Hesai Technology Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Fastree3D Ecublens, Switzerland 2013
Oxigraf Sunnyvale, CA 1996

Hesai Technology FAQs

  • When was Hesai Technology founded?

    Hesai Technology was founded in 2014.

  • Where is Hesai Technology headquartered?

    Hesai Technology is headquartered in Shanghai, China.

  • What is the size of Hesai Technology?

    Hesai Technology has 733 total employees.

  • What industry is Hesai Technology in?

    Hesai Technology’s primary industry is Electronic Equipment and Instruments.

  • Is Hesai Technology a private or public company?

    Hesai Technology is a Public company.

  • What is Hesai Technology’s stock symbol?

    The ticker symbol for Hesai Technology is 02525.

  • What is the current stock price of Hesai Technology?

    As of 12-Nov-2026 the stock price of Hesai Technology is $1.84.

  • What is the current market cap of Hesai Technology?

    The current market capitalization of Hesai Technology is $2.31B.

  • What is Hesai Technology’s current revenue?

    The trailing twelve month revenue for Hesai Technology is $524M.

  • Who are Hesai Technology’s competitors?

    Quanergy Solutions, Robosense, Benewake, and Seyond are competitors of Hesai Technology.

  • What is Hesai Technology’s annual earnings per share (EPS)?

    Hesai Technology’s EPS for 12 months was $0.04.

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