******************LiDAR Profit/Volume Surge: Hesai 436M FY25 GAAP/RoboSense Q1+120%/Wenjie M9 6 Units/Tudatong 1M Deliv******************
Key Questions
What was Hesai's FY25 financial performance?
Hesai reported 436M in GAAP profit for FY25, holding 51% market share. Chips are set for April 21 delivery.
How did RoboSense perform in Q1?
RoboSense achieved Q1 revenue of 3.8B, up 120%, with shipments over 17w, a 310% increase.
What LiDAR milestone did Wenjie M9 achieve?
Wenjie M9 became the first with 6 LiDAR units, targeting 28w penetration.
What is Tudatong's delivery achievement?
Tudatong reached 1M cumulative deliveries, ranking #3 in the market.
What is the projected LiDAR penetration rate for 2026?
LiDAR penetration is expected to rise from 20% to 40% in 2026, driven by car and robot growth.
Hesai FY25 436M profit/51% mkt/Apr21 chips/Prudent; RoboSense Q1 3.8B+120%/17w+310%; Wenjie M9 first 6 LiDAR/28w; Tudatong 1M cum #3; penet 20→40%'26 car/robot growth.
Sources (3)
Updated Apr 15, 2026