Hesai Group Reports Q3 Net Revenues of RMB795.4 Million and Net Income of RMB256.2 Million

Reuters

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Hesai Group Reports Q3 Net Revenues of RMB795.4 Million and Net Income of RMB256.2 Million

Hesai Group reported net revenues of RMB 2,027.1 million (US$284.7 million) for the nine months ended September 30, 2025, up from RMB 1,357.4 million in the same period of 2024. Gross profit increased to RMB 854.6 million (US$120.0 million) from RMB 603.6 million in 2024. Cost of revenues rose to RMB 1,172.5 million (US$164.7 million), compared to RMB 753.8 million in the prior year. Sales and marketing expenses were RMB 136.5 million (US$19.2 million), general and administrative expenses reached RMB 191.2 million (US$26.9 million), and research and development expenses were RMB 581.4 million (US$81.7 million) for the period. Other operating income, net, totaled RMB 121.2 million (US$17.0 million) for the nine months ended September 30, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hesai Group published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9573088-en) on November 11, 2025, and is solely responsible for the information contained therein.

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Gross profit increased to RMB 854.6 million (US$120.0 million) from RMB 603.6 million in 2024. Cost of revenues rose to RMB 1,172.5 million (US$164.7 million), compared to RMB 753.8 million in the prior year. Sales and marketing expenses were RMB 136.5 million (US$19.2 million), general and administrative expenses reached RMB 191.2 million (US$26.9 million), and research and development expenses were RMB 581.4 million (US$81.7 million) for the period. Other operating income, net, totaled RMB 121.2 million (US$17.0 million) for the nine months ended September 30, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hesai Group published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9573088-en) on November 11, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4124","symbol_name":"機動車零配件與設備","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251111:nNDL7jPYQg:1","article_id":"2582356777","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582356777","pubTimestamp":1762849827,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Hesai Group reported net revenues of RMB 2,027.1 million  for the nine months ended September 30, 2025, up from RMB 1,357.4 million in the same period of 2024. Gross profit increased to RMB 854.6 million  from RMB 603.6 million in 2024. Cost of revenues rose to RMB 1,172.5 million , compared to RMB 753.8 million in the prior year. Sales and marketing expenses were RMB 136.5 million , general and administrative expenses reached RMB 191.2 million , and research and development expenses were RMB 581.4 million  for the period. Other operating income, net, totaled RMB 121.2 million  for the nine months ended September 30, 2025.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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Gross profit increased to RMB 854.6 million (US$120.0 million) from RMB 603.6 million in 2024. Cost of revenues rose to RMB 1,172.5 million (US$164.7 million), compared to RMB 753.8 million in the prior year. Sales and marketing expenses were RMB 136.5 million (US$19.2 million), general and administrative expenses reached RMB 191.2 million (US$26.9 million), and research and development expenses were RMB 581.4 million (US$81.7 million) for the period. Other operating income, net, totaled RMB 121.2 million (US$17.0 million) for the nine months ended September 30, 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hesai Group published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9573088-en) on November 11, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}