HSAI Reports 7.1 Billion Yuan in Revenue for Q2, Turning Profit | Earnings Flash
August 15, HSAI (NASDAQ: HSAI) announced its unaudited financial report for the second quarter of 2025.
The data shows that the company's revenue reached 7.1 billion yuan in the quarter, with a year-over-year growth exceeding 50%, and achieved a net profit of 44.1 million yuan, surpassing the GAAP target for profitability.
In terms of deliveries, HSAI's Q2 laser radar delivery volume reached 352,000 units, with a year-over-year growth of 306.9%. Among them, ADAS product deliveries totaled 303,000 units, with a year-over-year growth of 275.8%; robot-related product deliveries reached 48,000 units, with a year-over-year growth of 743.6%. As of the first half of 2025, the company's total laser radar delivery volume has reached 547,000 units, with a year-over-year growth of 276.2%, exceeding the full-year delivery volume in 2024.
In addition, the company also won orders from 9 top-tier automakers for 20 vehicle models in this quarter and recently, including Geely, Great Wall, Chang'an Automobile (000625) and other core customers. These orders are expected to be delivered gradually from 2025 to 2026.