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Hesai Group is engaged in the development, manufacture, and sales of three-dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with advanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. Geographically, the company operates in North America, Mainland China, Europe, and Other regions.
2021
1.1K+
LTM Revenue $49.8M
LTM EBITDA $1.8M
$2.2B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Hesai Technology has a last 12-month revenue (LTM) of $49.8M and a last 12-month EBITDA of $1.8M.
In the most recent fiscal year, Hesai Technology achieved revenue of $2.1B and an EBITDA of $43.4M.
Hesai Technology expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Hesai Technology valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $49.8M | XXX | $2.1B | XXX | XXX | XXX |
| Gross Profit | $21.1M | XXX | $885M | XXX | XXX | XXX |
| Gross Margin | 42% | XXX | 43% | XXX | XXX | XXX |
| EBITDA | $1.8M | XXX | $43.4M | XXX | XXX | XXX |
| EBITDA Margin | 4% | XXX | 2% | XXX | XXX | XXX |
| EBIT | -$1.3M | XXX | -$205M | XXX | XXX | XXX |
| EBIT Margin | -3% | XXX | -10% | XXX | XXX | XXX |
| Net Profit | $1.2M | XXX | -$102M | XXX | XXX | XXX |
| Net Margin | 2% | XXX | -5% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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As of May 30, 2025, Hesai Technology's stock price is $19.
Hesai Technology has current market cap of $2.5B, and EV of $2.2B.
See Hesai Technology trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2.2B | $2.5B | XXX | XXX | XXX | XXX | $0.07 |
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Start Free TrialAs of May 30, 2025, Hesai Technology has market cap of $2.5B and EV of $2.2B.
Hesai Technology's trades at 1.1x EV/Revenue multiple, and 50.7x EV/EBITDA.
Equity research analysts estimate Hesai Technology's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Hesai Technology has a P/E ratio of 290.3x.
See valuation multiples for Hesai Technology and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2.5B | XXX | $2.5B | XXX | XXX | XXX |
| EV (current) | $2.2B | XXX | $2.2B | XXX | XXX | XXX |
| EV/Revenue | 6.1x | XXX | 1.1x | XXX | XXX | XXX |
| EV/EBITDA | 172.9x | XXX | 50.7x | XXX | XXX | XXX |
| EV/EBIT | -243.1x | XXX | -10.7x | XXX | XXX | XXX |
| EV/Gross Profit | 14.5x | XXX | n/a | XXX | XXX | XXX |
| P/E | 290.3x | XXX | -24.4x | XXX | XXX | XXX |
| EV/FCF | -63.4x | XXX | -10.6x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialHesai Technology's last 12 month revenue growth is 51%
Hesai Technology's revenue per employee in the last FY averaged $1.8M, while opex per employee averaged $1.0M for the same period.
Hesai Technology's rule of 40 is 30% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Hesai Technology's rule of X is 130% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Hesai Technology and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 51% | XXX | -44% | XXX | XXX | XXX |
| EBITDA Margin | 4% | XXX | 2% | XXX | XXX | XXX |
| EBITDA Growth | 466% | XXX | n/a | XXX | XXX | XXX |
| Rule of 40 | 30% | XXX | 53% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 130% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $1.8M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $1.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 9% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 41% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 52% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| XXX | XXX | XXX | XXX | XXX | XXX | |
| Kendrion | XXX | XXX | XXX | XXX | XXX | XXX |
| Cars Motorcycles | XXX | XXX | XXX | XXX | XXX | XXX |
| HGears | XXX | XXX | XXX | XXX | XXX | XXX |
| Thai Auto Tools and Die | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Hesai Technology acquired XXX companies to date.
Last acquisition by Hesai Technology was XXXXXXXX, XXXXX XXXXX XXXXXX . Hesai Technology acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was Hesai Technology founded? | Hesai Technology was founded in 2021. |
| Where is Hesai Technology headquartered? | Hesai Technology is headquartered in United States of America. |
| How many employees does Hesai Technology have? | As of today, Hesai Technology has 1.1K+ employees. |
| Who is the CEO of Hesai Technology? | Hesai Technology's CEO is Dr. Yifan Li. |
| Is Hesai Technology publicy listed? | Yes, Hesai Technology is a public company listed on NAS. |
| What is the stock symbol of Hesai Technology? | Hesai Technology trades under HSAI ticker. |
| When did Hesai Technology go public? | Hesai Technology went public in 2023. |
| Who are competitors of Hesai Technology? | Similar companies to Hesai Technology include e.g. , Kendrion, Cars Motorcycles, HGears. |
| What is the current market cap of Hesai Technology? | Hesai Technology's current market cap is $2.5B |
| What is the current revenue of Hesai Technology? | Hesai Technology's last 12 months revenue is $49.8M. |
| What is the current revenue growth of Hesai Technology? | Hesai Technology revenue growth (NTM/LTM) is 51%. |
| What is the current EV/Revenue multiple of Hesai Technology? | Current revenue multiple of Hesai Technology is 6.1x. |
| Is Hesai Technology profitable? | Yes, Hesai Technology is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Hesai Technology? | Hesai Technology's last 12 months EBITDA is $1.8M. |
| What is Hesai Technology's EBITDA margin? | Hesai Technology's last 12 months EBITDA margin is 4%. |
| What is the current EV/EBITDA multiple of Hesai Technology? | Current EBITDA multiple of Hesai Technology is 172.9x. |
| What is the current FCF of Hesai Technology? | Hesai Technology's last 12 months FCF is -$4.8M. |
| What is Hesai Technology's FCF margin? | Hesai Technology's last 12 months FCF margin is -10%. |
| What is the current EV/FCF multiple of Hesai Technology? | Current FCF multiple of Hesai Technology is -63.4x. |
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