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Hesai Announces Q2 2025 Financial Highlights: Revenue Soars by Over 50% Year-on-Year, Wins New Contracts from Toyota Subsidiaries
2025-08-15 /
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Author：小编
Hesai Technology's latest financial report for the second quarter of 2025 has unveiled remarkable growth, with revenues reaching RMB 710 million, signifying a surge of over 50% compared to the same period last year. This robust performance has also translated into profitability, with a net profit of RMB 44.1 million, marking a successful turnaround from previous losses. Furthermore, the company witnessed a staggering 306.9% year-on-year increase in total LiDAR shipments, amounting to 352,095 units. In another significant development, Hesai has secured new orders from a joint venture brand under Toyota Motor Corporation, with mass production anticipated to commence in 2026.
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