Hesai’s (HSAI) Robotics Bet Just Started Paying Off In A Big Way
by Maham Fatima
August 27, 2026
Total 2Q net revenues climbed 22% year over year to RMB 861 million
Lidar shipments jumped 78.4% to 628,275 units.
Robotics lidar shipments nearly tripled, up 193.4% to 142,371 units, while the company's newer actuation and spatial intelligence businesses booked their first commercial revenue.
Hesai's core business remains the automotive market, where it held 44% of China's long-range ADAS lidar segment in June 2026 and has ranked first for 17 consecutive months.
The quarter marked Hesai's ninth straight period of year-over-year revenue growth and fifth straight quarter of GAAP profitability, with net income up 60% to RMB 71 million.
Source: Inside Monkey
https://finance.yahoo.com/technology/ar ... 37118.html
