Changes in US stocks | HSAI.US (HSAI.US) rose more than 7%, Q2 net profit increased 60% year on year

The Zhitong Finance App learned that on Thursday, HSAI.US (HSAI.US) rose more than 7% to $19.15. According to the news, recently, Hesai Technology released unaudited financial data for the second quarter of 2026. In the second quarter, Hesai's revenue was 860 million yuan, and GAAP net profit reached 70.55 million yuan, an increase of 60.0% over the previous year; so far, Hesai has achieved GAAP profit for five consecutive quarters. The strategic growth business (i.e. Strategic Growth Growth, SGI business) contributed revenue for the first time this quarter, mainly due to early commercialization breakthroughs in the power module business.

Hesai Power Modules began contributing revenue this quarter. By the end of the second quarter, more than 10,000 sets had been delivered, and the products are expanding from dexterous hand modules to full-body joint modules. The spatial intelligence platform Kosmo has delivered the first batch of prototypes and received orders from leading humanoid robot companies, including Galaxy GM, and is expected to start contributing revenue in the third quarter. Based on the commercialization progress of SGI's business exceeding expectations and market demand, Hesai raised the SGI revenue guide for the full year 2026 to RMB 2-3 billion; SGI's revenue is expected to reach approximately RMB 700 million in 2027 and achieve break-even.