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Hesai Technology Q3 Revenue Rises 34.3% YoY to RMB 1.068 Billion, LiDAR Shipments Up 65.3%
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Author：小编
Hesai Technology reported unaudited third-quarter 2026 results: revenue reached RMB 1.068 billion, up 34.3% year over year; net profit was RMB 80.8 million, down 68.5% year over year; non-GAAP net profit was RMB 119 million, down 58.6% year over year; and gross margin stood at 41%. Total LiDAR shipments for the quarter were 729,700 units, up 65.3% year over year, including 638,100 ADAS LiDAR units, up 67.6% year over year; 91,600 robotics LiDAR units, up 51.1% year over year; and 23,400 robotics actuator modules, up 96.8% quarter over quarter. As of the end of the third quarter, the company held cash reserves of RMB 6.977 billion and expects fourth-quarter revenue of RMB 1.1 billion to RMB 1.15 billion.
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