Nano Labs $NA

Information Technology

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Nano Labs (NA) is a Information Technology company. Latest news and coverage below.

IPO: July 12, 2022 · $11.50 offering · NASDAQ · View IPO details →

Nano Labs revenue & net income history (FY2020–FY2025)

RevenueNet income
CN¥983.2MCN¥365.2M−CN¥252.8MFY2020 revenue: CN¥2.13MFY2020 net income: −CN¥37.7M'20FY2021 revenue: CN¥39.4MFY2021 net income: −CN¥174.9M'21FY2022 revenue: CN¥983.2MFY2022 net income: CN¥31.1M'22FY2023 revenue: CN¥78.3MFY2023 net income: −CN¥252.8M'23FY2024 revenue: CN¥40.6MFY2024 net income: −CN¥113.2M'24FY2025 revenue: CN¥27.0MFY2025 net income: CN¥135.5M'25
Nano Labs annual financial statements
FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
RevenueCN¥2.13MCN¥39.4MCN¥983.2MCN¥78.3MCN¥40.6MCN¥27.0M
Growth (year over year)—+1754.6%+2392.8%−92.0%−48.2%−33.5%
Gross profitCN¥856.1K−CN¥4.09MCN¥230.2M−CN¥103.4MCN¥11.6M−CN¥39.8M
Gross margin40.3%−10.4%23.4%−132.1%28.6%−147.3%
Operating income−CN¥36.9M−CN¥178.8MCN¥20.7M−CN¥260.8M−CN¥114.3MCN¥71.4M
Operating margin−1735.9%−453.3%2.1%−332.9%−281.4%264.4%
Net income−CN¥37.7M−CN¥174.9MCN¥31.1M−CN¥252.8M−CN¥113.2MCN¥135.5M
Net margin−1772.9%−443.6%3.2%−322.7%−278.8%501.6%
EPS (diluted)−CN¥9.60−CN¥38.90CN¥5.84−CN¥42.94−CN¥14.06CN¥6.82
Balance sheet
Cash and equivalentsCN¥35.3MCN¥233.9MCN¥87.8MCN¥48.2MCN¥32.4MCN¥8.50M
Total assets—CN¥909.8MCN¥367.2MCN¥350.3MCN¥615.9MCN¥1.12B
Total liabilities—CN¥934.5MCN¥202.8MCN¥366.6MCN¥383.0MCN¥378.6M
Long-term debt——CN¥16.7MCN¥120.3MCN¥170.7MCN¥170.9M
Shareholders' equity−CN¥48.5M−CN¥24.7MCN¥164.4M−CN¥14.7MCN¥230.8MCN¥748.3M
Cash flow
Operating cash flow−CN¥3.03MCN¥71.7M−CN¥274.9M−CN¥133.5M−CN¥139.3M−CN¥108.3M
Capital expenditureCN¥936.8KCN¥8.69MCN¥17.5MCN¥105.5MCN¥36.4MCN¥46.3K
Free cash flow−CN¥3.96MCN¥63.0M−CN¥292.5M−CN¥239.0M−CN¥175.7M−CN¥108.3M
Share buybacks—————CN¥1.67M

From Nano Labs's 20-F and 6-K filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Amounts are in Chinese Yuan (CNY), as reported, not converted to dollars. Per-share figures are per ordinary share, which is not always the share traded in the US: an ADS can stand for several, or for part of one. Filings on SEC EDGAR →

About Nano Labs

Headquarters
Hangzhou, China From SEC filings, Oct 2026

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