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Hesai Q3 2026 net income drops 69% year over year to RMB 80.8 million

PUBT·11/10/2026 08:31:08
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Hesai Q3 2026 net income drops 69% year over year to RMB 80.8 million
  • Hesai's third-quarter 2026 net income fell 69% year-over-year to RMB 80.8 million, reflecting prior-year one-time equity-disposal and intellectual-property transfer income.
  • Net revenues rose 34% year-over-year to RMB 1.07 billion, while lidar shipments climbed 65% year-over-year to 729,673 units.
  • Robotic actuation module shipments jumped 97% from the second quarter of 2026 to 23,405 units.
  • ET-series lidar design wins with five global automakers represented a combined order book exceeding 1 million units.
  • Fourth-quarter 2026 net revenues are expected between RMB 1.1 billion and RMB 1.15 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hesai Group published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611100330PRIMZONEFULLFEED9874132) on November 10, 2026, and is solely responsible for the information contained therein.