Nano Labs Ltd revenue

Nano Labs Ltd's revenue was $3.8m in fiscal 2025, down 33.4% on the year before. Since fiscal 2020 ($308,247) it has grown at a compound 64.9% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Nano Labs Ltd: revenue history, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	0	6	146	11	6	4
Growth on the year before	—	+>999%	+>999%	−92.4%	−49.0%	−33.4%
Gross profit	0	−1	34	−15	2	−6
Gross margin	40.3%	−10.4%	23.4%	—	28.6%	—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Semiconductors: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Nano Labs Ltd	$3.8m	-33.4%	—
GCT Semiconductor Holding, Inc.	$4.1m	-32.8%	—
Aeluma, Inc.	$4.5m	-4.4%	—
Mobix Labs, Inc	$5.5m	-49.8%	—
Peraso Inc.	$8.4m	-38.5%	—
Arbe Robotics Ltd.	$1.0m	33.6%	—

Compare with peers

Head to head: GCTS vs NA ALMU vs NA MOBX vs NA

More: Semiconductors stocks compared, Technology sector, rankings of US companies

Figures from Nano Labs Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Nano Labs Ltd.