Hesai(US:HSAI) 智通财经网·2025-08-18 14:09Core Viewpoint - Hesai (HSAI.US) reported significant growth in Q2 2025, with revenue reaching 710 million RMB, a year-on-year increase of 53.9%, and net profit exceeding 40 million RMB, surpassing GAAP profitability targets [1] Financial Performance - In Q2 2025, Hesai achieved revenue of 710 million RMB, marking a 53.9% increase year-on-year [1] - The net profit for the quarter surpassed 40 million RMB, indicating a successful transition to profitability [1] Product Delivery and Growth - Total lidar deliveries reached 352,095 units in Q2, representing a year-on-year growth of 306.9% [1] - Deliveries of ADAS products amounted to 303,564 units, up 275.8% year-on-year [1] - In the robotics sector, product deliveries reached 48,531 units, showing a substantial increase of 743.6% [1] - For the first half of 2025, total lidar deliveries were 547,913 units, a 276.2% increase compared to the same period in 2024 [1] Market Position and Partnerships - Hesai's lidar has become a standard safety feature for advanced driver-assistance systems (ADAS), contributing to the launch of several popular vehicle models [1] - The company secured contracts with nine leading automakers for 20 vehicle models, scheduled for delivery between 2025 and 2026, including major clients like Geely, Great Wall Motors, and Changan Automobile [1] - In the robotics sector, the JT series achieved over 100,000 units delivered within five months, setting a global record for the fastest delivery [1]