Hesai Technology announces strong second quarter financial results

Hesai Technology's Q2 2025 financial report shows revenue reaching RMB 710 million, a year-on-year increase of over 50%. Net profit reached RMB 44.1 million, a significant turnaround from losses in the same period last year. In terms of deliveries, total lidar deliveries in Q2 2025 reached 352,095 units, a year-on-year increase of 306.9%.