Hesai Group annual gross margin
2020
2021
2022
2023
2024
2025
Hesai Group's gross margin was 41.79% for fiscal 2025.
View full Hesai Group company overview| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 41.79% | −0.80 pp |
| 2024 | 2024-12-31 | 42.59% | +7.35 pp |
| 2023 | 2023-12-31 | 35.24% | −4.01 pp |
| 2022 | 2022-12-31 | 39.24% | −13.73 pp |
| 2021 | 2021-12-31 | 52.97% | −4.53 pp |
| 2020 | 2020-12-31 | 57.50% | — |
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|
Over the last five reported fiscal years, Hesai Group's gross margin decreased from 57.50% to 41.79%, a change of −15.71 percentage points.
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hesai Group filings at SEC.gov ↗