Hesai Q3 2026 net income drops 69% year over year to RMB 80.8 million
Bitget2026/11/10 08:31- Hesai's third-quarter 2026 net income fell 69% year-over-year to RMB 80.8 million, reflecting prior-year one-time equity-disposal and intellectual-property transfer income.
- Net revenues rose 34% year-over-year to RMB 1.07 billion, while lidar shipments climbed 65% year-over-year to 729,673 units.
- Robotic actuation module shipments jumped 97% from the second quarter of 2026 to 23,405 units.
- ET-series lidar design wins with five global automakers represented a combined order book exceeding 1 million units.
- Fourth-quarter 2026 net revenues are expected between RMB 1.1 billion and RMB 1.15 billion.
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
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