Stock Track | Hesai Group Soars 6.75% in Pre-market on Strong Q1 Results, Return to Profitability, and Mercedes-Benz Partnership

Stock Track

May 19

Hesai Group's stock surged 6.75% in pre-market trading following the release of its first quarter 2026 financial results that showed a significant return to profitability and strong revenue growth.

The lidar technology company reported Q1 2026 net revenue of RMB 680.6 million, representing a 29.6% increase from the same period last year. More importantly, the company swung to a net income of RMB 18.3 million from a loss a year earlier, marking a return to profitability. Total lidar shipments more than doubled to 471,723 units, with ADAS shipments exceeding 353,441 units.

Additionally, Hesai Group announced it has been named a strategic lidar partner and confirmed supplier for Mercedes-Benz models enabling L3 autonomy. The company also provided positive guidance for the second quarter, expecting net revenue between RMB 850 million and RMB 900 million, representing growth of 20-27%.

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More importantly, the company swung to a net income of RMB 18.3 million from a loss a year earlier, marking a return to profitability. Total lidar shipments more than doubled to 471,723 units, with ADAS shipments exceeding 353,441 units.</p><p>Additionally, Hesai Group announced it has been named a strategic lidar partner and confirmed supplier for Mercedes-Benz models enabling L3 autonomy. The company also provided positive guidance for the second quarter, expecting net revenue between RMB 850 million and RMB 900 million, representing growth of 20-27%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSAI","symbol_name":"禾赛","start_time":0,"source_url":"","article_id":"1152512239","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1152512239","pubTimestamp":1779179764,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Hesai Group's stock surged 6.75% in pre-market trading following the release of its first quarter 2026 financial results that showed a significant return to profitability and strong revenue...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HSAI":"禾赛"},"translate_title":"个股赛道|禾赛集团盘前大涨6.75%Q1业绩强劲、恢复盈利、与奔驰合作","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HSAI":1},"content_text":"Hesai Group's stock surged 6.75% in pre-market trading following the release of its first quarter 2026 financial results that showed a significant return to profitability and strong revenue growth.The lidar technology company reported Q1 2026 net revenue of RMB 680.6 million, representing a 29.6% increase from the same period last year. 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