Stocks Comparison
ESAB vs Hesai: revenue, profit, margins and growth compared
ESAB brought in $2.8B of revenue in fiscal 2025, Hesai $432.9M in fiscal 2025. Revenue changed by +3.7% at ESAB and +52.1% at Hesai on the year before, so Hesai grew faster. ESAB kept 8.0% of its revenue as net profit, Hesai 14.4%. Free cash flow was $213.3M at ESAB and -$27.5M at Hesai.
Side by side, latest fiscal year
| ESAB | HSAI | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $2.8B | $432.9M |
| Revenue growth | +3.7% | +52.1% |
| Net income | $226.8M | $62.3M |
| Net margin | 8.0% | 14.4% |
| Free cash flow | $213.3M | -$27.5M |
| Free cash flow margin | 7.5% | -6.4% |
| Earnings per share (diluted) | $3.67 | $0.43 |
| Cash | $185.9M | $237.9M |
| Debt | $1.2B | $39.9M |
| Price to earnings | 18.3 | n/a |
| Market value | $4.2B | $306.2M |
| Dividend yield | 0.57% | n/a |
| Rank by revenue in sector | #195 of 587 · Industrials | #351 of 587 · Industrials |
Over the years
Questions about ESAB and Hesai
Which is bigger by revenue, ESAB or Hesai?
ESAB is bigger by revenue: $2.8B in fiscal 2025, against $432.9M for Hesai in fiscal 2025.
Which keeps more of its revenue as profit, ESAB or Hesai?
ESAB had a net margin of 8.0% in fiscal 2025; Hesai had 14.4% in fiscal 2025.
Which grew revenue faster, ESAB or Hesai?
In their latest fiscal years revenue changed by +3.7% at ESAB and +52.1% at Hesai.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.