Hesai Reports Q3 Financial Results: Revenue of RMB 1.07B and Sixth Consecutive Profitable Quarter
11/11/2026 — 11/11, 12:17·1 sources (all)·1 reports (all)
Key takeaways
- Hesai has released its Q3 financial results, reporting revenue of RMB 1.07 billion and a GAAP net profit of RMB 80.79 million, marking its s…
Background & analysis
On November 11, 2026, Hesai announced its third-quarter results in a filing to the Hong Kong Stock Exchange. The company reported quarterly revenue of 10.7 billion yuan and a GAAP net profit of 80.79 million yuan, marking its sixth consecutive quarter of GAAP profitability. Within that, revenue from strategic growth businesses reached 90.51 million yuan, up 101.4% quarter on quarter. Deliveries of robot power modules totaled 23,405 units in the quarter, a 96.8% increase from the prior quarter, while monthly production capacity climbed to 10,000 units. Hesai noted that its full-body joint modules have also entered mass production. By the end of September 2026, cumulative shipments of robot power modules stood at 35,295 units, and the company projects full-year 2027 shipments will reach six figures.
AI-generated from 1 reports · updated 2 days ago
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Hesai announced its third-quarter financial results, reporting 1.07 billion CNY in revenue and 80.79 million CNY in GAAP net profit, marking its sixth consecutive quarter of profitability. The company also saw significant growth in robot actuator module shipments.
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