NANasdaqSemiconductors & Related DevicesFiscal year ends December 31
Nano Labs Ltd
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 13, 2026
$1.80−0.12 (-6.25%)
Close on Oct 19, 2026
Nano Labs Ltd revenue by segment
By business segment
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|
| Product sales revenue [Member] | CN¥26.63M | CN¥34.10M | CN¥71.32M | CN¥920.65M | CN¥39.44M | CN¥2.00M | 98.6% | -21.9% |
| Service revenue [Member] | CN¥373.72K | CN¥6.50M | CN¥7.01M | CN¥62.51M | CN¥0 | CN¥122.60K | 1.4% | -94.3% |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|
| PRC [Member] | CN¥23.68M | CN¥24.99M | CN¥57.49M | CN¥906.35M | – | – | 87.7% | -5.2% |
| The United States [Member] | CN¥1.56M | CN¥1.09M | CN¥7.12M | CN¥16.28M | – | – | 5.8% | +42.5% |
| Hong Kong SAR China | CN¥1.24M | CN¥9.47M | CN¥16.46K | CN¥33.56M | – | – | 4.6% | -86.9% |
| Other Cryptocurrency [Member] | CN¥529.23K | CN¥349.71K | CN¥12.60M | CN¥26.80M | CN¥1.64M | – | 2.0% | +51.3% |
| United States | – | – | CN¥7.12M | CN¥16.28M | CN¥368.53K | – | – | – |
| Oversea [Member] | – | – | CN¥57.49M | CN¥906.35M | CN¥37.43M | – | – | – |
| Singapore | – | CN¥4.70M | CN¥1.12M | CN¥184.74K | – | – | – | – |
From the segment and revenue-disaggregation notes of Nano Labs's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.