Nano Labs Ltd NA
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $3.84M, -32.0% YoY · Filed Apr 13, 2026
Nano Labs Ltd (NA) files with the SEC under industry code 3674, Semiconductors & Related Devices. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $3.8 million and net income of $19.3 million. Free cash flow was -$15.4 million. As of Dec 31, 2025 it held $5.2 million in cash and investments and $31.8 million in total debt.
Revenue
$3.84M
-32.0% vs prior year
Net income
$19.27M
+222.4% vs prior year
Operating cash flow
$-15.40M
+20.5% vs prior year
Free cash flow
$-15.41M
+37.0% vs prior year
EPS
$0.97
+149.5% vs prior year
Dividend per share
None
Shares outstanding
111.50M
Net cash
$-26.59M
FY 2025
Operating margin
264.4%
FY 2025
Company profile
- Industry
- Semiconductors & Related Devices (SIC 3674)
- Listed as
- NA (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Hangzhou, China
- SEC filer status
- Accelerated filer, Emerging growth company
- SEC CIK
- 1872302
Other Semiconductors & Related Devices companies
- Nvidia Corp NVDA
- Broadcom Inc. AVGO
- Micron Technology Inc MU
- Advanced Micro Devices Inc AMD
- Intel Corp INTC
- Applied Materials Inc /DE AMAT
- Texas Instruments Inc TXN
- Arm Holdings PLC /UK ARM
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | $3.8M | $5.6M | $11.1M | $141.2M |
| Operating income | $10.2M | -$13.7M | -$36.8M | $3.0M |
| Net income | $19.3M | -$15.7M | -$35.7M | $4.5M |
| Diluted EPS | $0.97 | -$1.96 | -$0.61 | $0.04 |
| Operating cash flow | -$15.4M | -$19.4M | -$18.8M | -$39.5M |
| Free cash flow | -$15.4M | -$24.4M | -$33.7M | -$42.0M |
| Total assets | $159.3M | $85.7M | $49.5M | $52.7M |
| Total liabilities | $53.9M | $53.3M | $51.8M | $29.1M |
| Stockholders' equity | $106.5M | $32.1M | -$2.1M | $23.6M |
| Cash and investments | $5.2M | $4.5M | $6.8M | $12.6M |
| Total debt | $31.8M | $27.7M | $21.3M | $1.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Oct 13, 2026 | Oct 13, 2026 |
| 6-K | Current report (foreign issuer) | Sep 15, 2026 | Jun 30, 2026 |
| 6-K | Current report (foreign issuer) | Aug 31, 2026 | Aug 31, 2026 |
| 6-K | Current report (foreign issuer) | Aug 28, 2026 | Aug 28, 2026 |
| 6-K | Current report (foreign issuer) | Aug 5, 2026 | Aug 5, 2026 |
| 6-K | Current report (foreign issuer) | Apr 24, 2026 | Apr 24, 2026 |
All 274 Nano Labs Ltd SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.