NASDAQ$HSAI
Hesai Group · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Hesai reported revenue growth and returned to profitability in Q4 2024.
Hesai Group's Q4 2024 revenue increased by 28.3% to $98.6 million. The company achieved a net income of $20.1 million, reversing the loss from the prior year. Operating income improved significantly to $14.6 million. Cash and cash equivalents increased to $439.1 million.
- Revenue increased 28.3% year-over-year to $98.6 million.
- Net income reached $20.1 million, reversing a net loss from the previous year.
- Operating income rose to $14.6 million due to higher lidar shipments and increased demand.
- Cash and cash equivalents grew to $439.1 million, reflecting improved financial stability.
Headline financials
Revenue & EPS history
Hesai · Revenue · Quarterly
$98.6M
Forward guidance
Hesai expects significant revenue growth in 2025, driven by increased lidar adoption and expansion into new markets.
Tailwinds
- Forecasted revenue growth of 44% to 69% in FY25.
- Expected GAAP profitability between $27M and $48M in FY25.
- Expansion of lidar adoption across automotive and robotics industries.
- New production lines expected to increase capacity to 2 million units annually.
- Exclusive lidar design win with a major European OEM, extending into the next decade.
Headwinds
- Potential margin pressure due to increased production costs.
- Competitive pricing in the lidar market could impact profitability.
- Macroeconomic uncertainties affecting automotive sector growth.
- Risks associated with supply chain disruptions and component shortages.
- Dependence on continued ADAS adoption for sustained revenue growth.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 12 quarterly earnings reports · overlaid with Q4 2024
+2.4%
Avg return
Earnings day
-4.5%
Avg return
5 days after
+2.8%
Avg return
30 days after
31%
4 / 13 earnings
Positive
+50.4%
Q4 2024
Best reaction
-21.3%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -1.8% | +8.3% | -3.8% | |
| Q1 2025 | -0.9% | -12.1% | +7.7% | |
| Q4 2024 | +50.4% | +23.7% | -21.4% | |
| Q3 2024 | +44.7% | +72.6% | +171.3% | |
| Q2 2024 | -4.6% | -2.4% | -9.2% | |
| Q1 2024 | -12.0% | -9.9% | -8.7% | |
| Q4 2023 | -10.4% | -19.4% | -12.2% | |
| Q3 2023 | +11.4% | -1.6% | -2.3% | |
| Q2 2023 | +9.3% | -8.9% | -9.3% | |
| Q1 2023 | -15.9% | -16.9% | +10.0% | |
| Q4 2020 | -8.7% | -29.3% | -27.3% | |
| Q4 2021 | -8.7% | -29.3% | -27.3% | |
| Q4 2022 | -21.3% | -33.0% | -31.4% | |
| Q3 2022 | — | — | — | |
| Q2 2022 | — | — | — | |
| Q1 2022 | — | — | — | |
| Q3 2021 | — | — | — | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro