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Hesai Group (NASDAQ: HSAI) shares fell 5.3% Tuesday after the company reported second-quarter revenue of RMB860.8 million, up 21.9%, and raised its full-year 2026 Strategic Growth Initiatives guidance to a range of RMB200 million to RMB300 million from an earlier target of RMB100 million.
The next confirmable milestone is third-quarter revenue, where management guided RMB1.10 billion to RMB1.15 billion. The shipment print tells a supply-chain story worth reading closely.
Total LiDAR units came in at 628,275, up 78.4%, with ADAS volumes reaching 485,904 units (up 60.1%) and robotics LiDAR units hitting 142,371 (up 193.4%).
That throughput drove net income 60% higher to RMB70.6 million, extending Hesai's run to five consecutive quarters of GAAP profitability.
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