Operations
Q1 2026
Q1 Revenue
↑ 29.6% YoY
¥680.6M
Segments
LiDAR Business
100.0%
Strategic Growth Initiatives
0.0%
Key Earnings Driver
ADAS and Robotics LiDAR Business revenue increased 29.6% year over year to RMB680.6M, with total LiDAR shipments increasing 140.9% to 471,723 units, including 353,441 ADAS shipments and 118,282 Robotics shipments. Management attributed the revenue growth to strong, broad based demand across both ADAS and Robotics. ADAS and Robotics shipments increased similar amounts, 141.9% and 137.8% respectively.
Key Operating Metrics¹
METRIC
STATUS
LiDAR Business↑ 29.6%
ADAS
🟢 Scaling
Robotics
🟢 Scaling
Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from Hesai Group website and/or SEC filings for Q1, with status based on reported data.