Hesai Group (HSAI) — Cost of Revenue

Annual figures by fiscal year, from SEC filings.

2020: 176.60M CNY2021: 338.97M CNY2022: 730.68M CNY2023: 1.22B CNY2024: 1.19B CNY2025: 1.76B CNY1.76B CNY
2020Cost of Revenue (CNY)2025
Fiscal YearCost of RevenueChange YoY
20251.76B CNY+47.8%
20241.19B CNY-1.9%
20231.22B CNY+66.4%
2022730.68M CNY+115.6%
2021338.97M CNY+91.9%
2020176.60M CNY