Ebang International Holdings Inc. (EBON) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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EBON Revenue Growth
Revenue Breakdown (FY 2025)
EBON's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
EBON Revenue Analysis (2014–2025)
As of May 8, 2026, Ebang International Holdings Inc. (EBON) generated trailing twelve-month (TTM) revenue of $12.4 million, reflecting significant decline in growth of -21.3% year-over-year. The most recent quarter (Q4 2025) recorded $3.0 million in revenue, down 17.5% sequentially.
Looking at the longer-term picture, EBON's 5-year compound annual growth rate (CAGR) stands at -19.2%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $319.0 million in 2018.
Revenue diversification analysis shows EBON's business is primarily driven by Service (88%), and Product (12%). With over half of revenue concentrated in Service, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including MARA, RIOT, and CLSK (+68.0% YoY), EBON has underperformed the peer group in terms of revenue growth. Compare EBON vs MARA →
EBON Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EBONCurrent | $12M | -21.3% | -19.2% | -349.9% | |
 MARA | $907M | - | - | -90.6% | |
 RIOT | $647M | - | - | -61.8% | |
 CLSK | $766M | +68.0% | +138.0% | 41.6% | |
 BTBT | $164M | - | - | 16.8% | |
 HUT | $15M | - | - | -2104.6% |
EBON Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $6.5M | +11.4% | $395K | 6.0% | $-22,875,236 | -349.9% |
| 2024 | $5.9M | +20.9% | $1.2M | 20.3% | $-30,372,892 | -517.5% |
| 2023 | $4.9M | -85.0% | $-16,703,805 | -344.0% | $-53,639,195 | -1104.8% |
| 2022 | $32.3M | -37.2% | $15.4M | 47.7% | $-47,988,299 | -148.4% |
| 2021 | $51.5M | +170.7% | $29.2M | 56.8% | $2.0M | 3.9% |
| 2020 | $19.0M | -82.6% | $-2,899,343 | -15.3% | $-26,646,801 | -140.2% |
| 2019 | $109.1M | -65.8% | $-30,563,733 | -28.0% | $-50,638,683 | -46.4% |
| 2018 | $319.0M | +116.1% | $24.4M | 7.7% | $-3,692,877 | -1.2% |
| 2017 | $147.6M | +680.8% | $79.9M | 54.2% | $65.2M | 44.2% |
| 2016 | $18.9M | +25.7% | $9.0M | 47.4% | $1.6M | 8.3% |
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Start ComparisonEBON — Frequently Asked Questions
Quick answers to the most common questions about buying EBON stock.
Is EBON's revenue growth accelerating or slowing?
EBON revenue declined -21.3% year-over-year, contrasting with the 5-year CAGR of -19.2%. TTM revenue fell to $12M. This reverses the prior growth trend.
What is EBON's long-term revenue growth rate?
Ebang International Holdings Inc.'s 5-year revenue CAGR of -19.2% reflects the variable expansion pattern. Current YoY growth of -21.3% is below this long-term average.
How is EBON's revenue distributed by segment?
EBON reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.