Intchains Group Limited(ICG)Earnings, Financials & Key Ratios
ICG•NASDAQ
Price updated Jun 19, 2026
AboutIntchains Group Limited designs and sells application-specific integrated circuit chips and ancillary software and hardware for blockchain applications in the People's Republic of China. It serves distributors, companies, and individuals. Intchains Group Limited was founded in 2017 and is based in Pudong, China.Show more
- Revenue$215M-23.8%
- EBITDA-$95M-1266.5%
- Net Income-$51M-198.3%
- EPS (Diluted)-1.68-197.7%
- Gross Margin7.23%-86.5%
- EBITDA Margin-44.19%-1629.8%
- Operating Margin-47.36%-4328.3%
- Net Margin-23.56%-228.9%
- ROE-5.1%-197.2%
ICG Key Insights
Intchains Group Limited (ICG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 31.5%
- ✓Healthy 5Y average net margin of 21.7%
- ✓Trading at only 0.2x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 1/9
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 6 (bottom 6%)
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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ICG Price & Volume
Intchains Group Limited (ICG) stock price & volume — 10-year historical chart
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ICG Growth Metrics
Intchains Group Limited (ICG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years31.52%
3 Years-23.17%
TTM-21.79%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-197.55%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-252.9%
Return on Capital
10 Years26.93%
5 Years34.31%
3 Years-5.61%
Last Year-10.25%
ICG Recent Earnings
Intchains Group Limited (ICG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (33%)●Beat Revenue 2/12 qtrs (22%)
Q3 2026Latest
Jun 11, 2026Metric
Actual
Est
EPS
$0.03-22.8%
$0.02
Rev
$5M+24.6%
$4M
Q3 2026
Jun 4, 2026Metric
Actual
Est
EPS
$0.02+0.0%
$0.02
Rev
$4M+0.0%
$4M
Q1 2026
Feb 26, 2026Metric
Actual
Est
EPS
$0.30-5900.0%
$0.01
Rev
$5M-17.0%
$6M
Q4 2025
Nov 13, 2025Metric
Actual
Est
EPS
$0.18+3700.0%
$0.01
Rev
$1M-97.0%
$43M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jun 11, 2026 | $0.03vs $0.02-22.8% | $5Mvs $4M+24.6% |
| Q3 2026 | Jun 4, 2026 | $0.02vs $0.02+0.0% | $4Mvs $4M+0.0% |
| Q1 2026 | Feb 26, 2026 | $0.30vs $0.01-5900.0% | $5Mvs $6M-17.0% |
| Q4 2025 | Nov 13, 2025 | $0.18vs $0.01+3700.0% | $1Mvs $43M-97.0% |
Based on last 12 quarters of dataView full earnings history →
ICG Peer Comparison
Intchains Group Limited (ICG) competitors in Compute Processors and AI Accelerators — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 BTBT | 706.64M | 2.17 | -7 | -30.65% | -146.01% | -0.11% | 0.16 | |
 CANF | 21.61M | 2.98 | -2.76 | -9.29% | -15.71% | -210.28% | 0.02 | |
 IREN | 21.4B | 59.96 | 153.74 | 167.65% | 31.71% | 9.12% | 0.53 | |
 MARA | 5.42B | 14.22 | -3.85 | 38.2% | -234.83% | -51.65% | 1.05 | |
 RIOT | 10.65B | 28.10 | -14.41 | 71.89% | -132.76% | -28.78% | 0.10 | |
 HUT | 14.01B | 124.44 | -58.15 | -90.71% | -17.66% | 0.25 | ||
 CLSK | 4.42B | 17.24 | 15.39 | 102.21% | -67.66% | -29.93% | 0.38 | |
 CIFR | 11.84B | 29.18 | -13.57 | 48.04% | -5.13% | -115.53% | 3.31 |
Compare ICG vs Peers
Intchains Group Limited (ICG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ICG Income Statement
Intchains Group Limited (ICG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
Sales/Revenue | 35.82M | 54.6M | 631.84M | 473.74M | 82.22M | 281.77M | 214.85M |
Revenue Growth % | - | 52.45% | 1057.15% | -25.02% | -82.64% | 242.68% | -23.75% |
Cost of Goods Sold | 29.58M | 23.33M | 113.95M | 87.02M | 73.15M | 130.45M | 199.32M |
COGS % of Revenue | 82.59% | 42.73% | 18.04% | 18.37% | 88.96% | 46.3% | 92.77% |
Gross Profit | 6.24M▲ 0% | 31.27M▲ 401.6% | 517.88M▲ 1556.1% | 386.72M▼ 25.3% | 9.08M▼ 97.7% | 151.31M▲ 1566.8% | 15.53M▼ 89.7% |
Gross Margin % | 17.41% | 57.27% | 81.96% | 81.63% | 11.04% | 53.7% | 7.23% |
Gross Profit Growth % | - | 401.56% | 1556.06% | -25.33% | -97.65% | 1566.83% | -89.74% |
Operating Expenses | 8.78M | 23.24M | 70.56M | 64.01M | 74.05M | 148.37M | 117.28M |
OpEx % of Revenue | 24.5% | 42.57% | 11.17% | 13.51% | 90.05% | 52.66% | 54.59% |
Selling, General & Admin | 5.04M | 3.26M | 17.41M | 15.63M | 31.74M | 38.72M | 42.09M |
SG&A % of Revenue | 14.06% | 5.96% | 2.76% | 3.3% | 38.6% | 13.74% | 19.59% |
Research & Development | 9.06M | 22.48M | 53.15M | 48.39M | 42.3M | 109.44M | 75.19M |
R&D % of Revenue | 25.3% | 41.17% | 8.41% | 10.21% | 51.45% | 38.84% | 35% |
Other Operating Expenses | -5.32M | -2.5M | 0 | 0 | 0 | 210K | 7 |
Operating Income | -2.54M▲ 0% | 8.03M▲ 416.0% | 447.32M▲ 5470.6% | 322.7M▼ 27.9% | -64.97M▼ 120.1% | 3.16M▲ 104.9% | -101.75M▼ 3324.1% |
Operating Margin % | -7.09% | 14.71% | 70.8% | 68.12% | -79.01% | 1.12% | -47.36% |
Operating Income Growth % | - | 416.02% | 5470.62% | -27.86% | -120.13% | 104.86% | -3324.12% |
EBITDA | -2.1M | 8.72M | 447.87M | 324.51M | -61.14M | 8.14M | -94.94M |
EBITDA Margin % | -5.87% | 15.96% | 70.88% | 68.5% | -74.35% | 2.89% | -44.19% |
EBITDA Growth % | - | 514.9% | 5037.94% | -27.54% | -118.84% | 113.31% | -1266.46% |
D&A (Non-Cash Add-back) | 440K | 687K | 553K | 1.81M | 3.83M | 4.98M | 6.82M |
EBIT | -2.58M | 8.41M | 450.34M | 367.13M | -35.49M | 50.23M | -81.57M |
Net Interest Income | -116K | -131K | 2.32M | 11.06M | 16.69M | 16.18M | 10.71M |
Interest Income | 16K | 37K | 2.52M | 11.13M | 16.75M | 16.23M | 10.71M |
Interest Expense | 132K | 168K | 197K | 73K | 62K | 56K | 0 |
Other Income/Expense | -171K | 217K | 2.82M | 44.35M | 29.42M | 47.02M | 20.18M |
Pretax Income | -2.71M▲ 0% | 8.25M▲ 404.1% | 450.14M▲ 5358.3% | 367.06M▼ 18.5% | -35.55M▼ 109.7% | 50.18M▲ 241.1% | -81.57M▼ 262.6% |
Pretax Margin % | -7.57% | 15.1% | 71.24% | 77.48% | -43.24% | 17.81% | -37.97% |
Income Tax | 238K | 0 | 0 | 11.86M | -8.76M | -1.32M | -30.95M |
Effective Tax Rate % | -8.78% | 0% | 0% | 3.23% | 24.63% | -2.63% | 37.94% |
Net Income | -2.95M▲ 0% | 8.25M▲ 379.6% | 450.14M▲ 5358.3% | 355.2M▼ 21.1% | -26.8M▼ 107.5% | 51.5M▲ 292.2% | -50.62M▼ 198.3% |
Net Margin % | -8.24% | 15.1% | 71.24% | 74.98% | -32.59% | 18.28% | -23.56% |
Net Income Growth % | - | 379.56% | 5358.28% | -21.09% | -107.54% | 292.19% | -198.3% |
Net Income (Continuing) | -2.95M | 8.25M | 450.14M | 355.2M | -26.8M | 51.5M | -50.62M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -0.05▲ 0% | 0.14▲ 383.4% | 17.84▲ 12642.9% | 5.70▼ 68.0% | -0.44▼ 107.7% | 1.72▲ 490.9% | -1.68▼ 197.7% |
EPS Growth % | - | 383.4% | 12642.86% | -68.05% | -107.72% | 490.91% | -197.67% |
EPS (Basic) | -0.05 | 0.14 | 17.84 | 5.70 | -0.44 | 1.72 | -1.68 |
Diluted Shares Outstanding | 59.82M | 59.82M | 59.82M | 62.4M | 59.69M | 30M | 30.23M |
Basic Shares Outstanding | 59.82M | 58.82M | 59.82M | 59.82M | 59.69M | 29.98M | 30.23M |
Dividend Payout Ratio | - | - | 2.34% | - | - | - | - |
ICG Balance Sheet
Intchains Group Limited (ICG) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
Total Current Assets | 38.13M | 43.25M | 607.36M | 831.98M | 777.52M | 720.9M | 582.38M |
Cash & Short-Term Investments | 4.04M | 19.63M | 502.42M | 712.23M | 688.35M | 520.81M | 475.09M |
Cash Only | 4.04M | 19.63M | 502.42M | 712.23M | 585.17M | 322.25M | 226.81M |
Short-Term Investments | 0 | 0 | 0 | 0 | 103.17M | 198.56M | 248.29M |
Accounts Receivable | 6M | 8.32M | 0 | 3.46M | 13.83M | 28.36M | 0 |
Days Sales Outstanding | 61.09 | 55.63 | - | 2.67 | 61.41 | 36.73 | - |
Inventory | 22.42M | 9.48M | 66.82M | 77.78M | 41.77M | 98.61M | 52.18M |
Days Inventory Outstanding | 276.67 | 148.32 | 214.02 | 326.25 | 208.42 | 275.92 | 95.56 |
Other Current Assets | 5.67M | 32K | 38.12M | 38.51M | 214K | 32.01M | 55.1M |
Total Non-Current Assets | 1.08M | 645K | 3.9M | 121.15M | 201.73M | 368.61M | 433.66M |
Property, Plant & Equipment | 1.08M | 645K | 3.9M | 8.29M | 163.78M | 157.34M | 142.77M |
Fixed Asset Turnover | 33.13x | 84.66x | 162.09x | 57.12x | 0.50x | 1.79x | 1.50x |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 11.98M |
Intangible Assets | 0 | 0 | 0 | 0 | 4.07M | 3.55M | 0 |
Long-Term Investments | 0 | 0 | 0 | 0 | 20M | 20.57M | 209.23M |
Other Non-Current Assets | 0 | 0 | 0 | 112.86M | 990K | 187.15M | 8.35M |
Total Assets | 39.21M▲ 0% | 43.9M▲ 12.0% | 611.26M▲ 1292.4% | 953.13M▲ 55.9% | 979.25M▲ 2.7% | 1.09B▲ 11.3% | 1.02B▼ 6.7% |
Asset Turnover | 0.91x | 1.24x | 1.03x | 0.50x | 0.08x | 0.26x | 0.21x |
Asset Growth % | - | 11.96% | 1292.42% | 55.93% | 2.74% | 11.26% | -6.74% |
Total Current Liabilities | 18.4M | 9.66M | 31.6M | 19.2M | 28.16M | 76.44M | 42.82M |
Accounts Payable | 180K | 621K | 6.58M | 2.9M | 195K | 14.85M | 3.03M |
Days Payables Outstanding | 2.22 | 9.72 | 21.09 | 12.18 | 0.97 | 41.54 | 5.54 |
Short-Term Debt | 10.98M | 0 | 0 | 0 | 0 | 0 | 542.34K |
Deferred Revenue (Current) | 0 | 0 | 3M | 6K | 9.83M | 37.45M | 16.47M |
Other Current Liabilities | 6.22M | 2.63M | 3.52M | 11.35M | 3.27M | 4.41M | 22.73M |
Current Ratio | 2.07x | 4.48x | 19.22x | 43.34x | 27.61x | 9.43x | 13.60x |
Quick Ratio | 0.85x | 3.50x | 17.11x | 39.29x | 26.12x | 8.14x | 12.38x |
Cash Conversion Cycle | 335.54 | 194.24 | - | 316.74 | 268.85 | 271.11 | - |
Total Non-Current Liabilities | 466K | 46K | 1.27M | 336K | 761K | 0 | 558.35K |
Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 558.35K |
Capital Lease Obligations | 239K | 0 | 1.27M | 294K | 761K | 0 | 558.35K |
Deferred Tax Liabilities | 0 | 0 | 0 | 42K | 0 | 0 | 0 |
Other Non-Current Liabilities | 227K | 46K | 0 | 42K | 0 | 0 | -558.35K |
Total Liabilities | 18.86M | 9.71M | 32.86M | 19.53M | 28.93M | 76.44M | 43.37M |
Total Debt | 11.55M | 239K | 2.2M | 1.27M | 1.86M | 272K | 1.66M |
Net Debt | 7.51M | -19.39M | -500.22M | -710.97M | -583.31M | -321.98M | -225.15M |
Debt / Equity | 0.57x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
Debt / EBITDA | - | 0.03x | 0.00x | 0.00x | - | 0.03x | - |
Net Debt / EBITDA | - | -2.22x | -1.12x | -2.19x | - | -39.56x | - |
Interest Coverage | -19.55x | 50.09x | 2285.99x | 5029.18x | -572.40x | 897.02x | - |
Total Equity | 20.35M▲ 0% | 34.19M▲ 68.1% | 578.4M▲ 1591.6% | 933.6M▲ 61.4% | 950.33M▲ 1.8% | 1.01B▲ 6.6% | 972.66M▼ 4.0% |
Equity Growth % | - | 68.06% | 1591.56% | 61.41% | 1.79% | 6.6% | -3.99% |
Book Value per Share | 0.34 | 0.57 | 9.67 | 14.96 | 15.92 | 33.77 | 32.18 |
Total Shareholders' Equity | 20.35M | 34.19M | 578.4M | 933.6M | 950.33M | 1.01B | 972.66M |
Common Stock | 1K | 1K | 1K | 1K | 1K | 1K | 1K |
Retained Earnings | -24.57M | -16.32M | 390.14M | 741.54M | 713.96M | 814.05M | 710.5M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -1K | 0 | 43.67M | 47.48M | 50.1M | 3.78M | 50.75M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ICG Cash Flow Statement
Intchains Group Limited (ICG) cash flow — operating, investing & free cash flow history
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
Cash from Operations | -5.99M | 15.59M | 395.42M | 326.69M | -4.71M | -138.25M | -92.93M |
Operating CF Margin % | -16.72% | 28.54% | 62.58% | 68.96% | -5.73% | -49.07% | -43.25% |
Operating CF Growth % | - | 360.33% | 2437.02% | -17.38% | -101.44% | -2836.55% | 32.78% |
Net Income | -2.95M | 8.25M | 450.14M | 355.2M | -26.8M | 51.5M | -47.53M |
Depreciation & Amortization | 440K | 687K | 1.35M | 2.75M | 3.83M | 4.98M | 6.82M |
Stock-Based Compensation | 923K | 0 | 0 | 0 | 3.47M | 8.97M | 8.65M |
Deferred Taxes | 238K | 0 | 0 | 42K | -12.94M | -16.04M | -36.85M |
Other Non-Cash Items | 132K | 168K | 113K | 1.38M | 25.41M | -102.22M | 41.67M |
Working Capital Changes | -4.77M | 6.48M | -56.19M | -32.69M | 2.31M | -85.44M | -65.68M |
Change in Receivables | -5M | -1.53M | 6.53M | -13.43M | 0 | 0 | 0 |
Change in Inventory | 15.69M | 12.94M | -57.34M | -12.34M | 11.44M | -97.51M | -50.13M |
Change in Payables | -452K | 441K | 5.96M | -3.68M | -2.71M | 14.65M | -11.82M |
Cash from Investing | -165K | -251K | -1.77M | -116.87M | -64.99M | -125.94M | -12.31M |
Capital Expenditures | -165K | -251K | -1.77M | -4.02M | -48.15M | -10.08M | -4.72M |
CapEx % of Revenue | 0.46% | 0.46% | 0.28% | 0.85% | 58.55% | 3.58% | 2.2% |
Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | - | - | - | - | - | - | - |
Other Investing | 0 | 0 | 0 | -112.86M | -3.42M | -22.35M | 36.69M |
Cash from Financing | 3.39M | 251K | 89.14M | 0 | 51.22M | 0 | 7.39M |
Debt Issued (Net) | 4M | -4M | 0 | 0 | 0 | 0 | 0 |
Equity Issued (Net) | 0 | 0 | 100.6M | 0 | 61.31M | 0 | 10.06M |
Dividends Paid | 0 | 0 | -10.54M | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Financing | -612K | 4.25M | -916K | 0 | -10.09M | 0 | -2.67M |
Net Change in Cash | -2.76M▲ 0% | 15.59M▲ 663.9% | 482.79M▲ 2997.6% | 209.81M▼ 56.5% | -17.48M▼ 108.3% | -262.92M▼ 1404.0% | -100.59M▲ 61.7% |
Free Cash Flow | -6.15M▲ 0% | 15.34M▲ 349.3% | 393.65M▲ 2467.0% | 322.67M▼ 18.0% | -56.28M▼ 117.4% | -148.33M▼ 163.6% | -97.64M▲ 34.2% |
FCF Margin % | -17.18% | 28.08% | 62.3% | 68.11% | -68.45% | -52.64% | -45.45% |
FCF Growth % | - | 349.27% | 2467% | -18.03% | -117.44% | -163.56% | 34.17% |
FCF per Share | -0.10 | 0.26 | 6.58 | 5.17 | -0.94 | -4.94 | -3.23 |
FCF Conversion (FCF/Net Income) | 2.03x | 1.89x | 0.88x | 0.92x | 0.18x | -2.68x | 1.84x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 9.57M | 4.79M | 15.42M | 1.71M |
ICG Key Ratios
Intchains Group Limited (ICG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | -14.5% | 30.24% | 146.96% | 46.98% | -2.84% | 5.25% | -5.1% |
Return on Invested Capital (ROIC) | -6.84% | 28.23% | 721.63% | 160.92% | -16.53% | 0.45% | -10.61% |
Gross Margin | 17.41% | 57.27% | 81.96% | 81.63% | 11.04% | 53.7% | 7.23% |
Net Margin | -8.24% | 15.1% | 71.24% | 74.98% | -32.59% | 18.28% | -23.56% |
Debt / Equity | 0.57x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
Interest Coverage | -19.55x | 50.09x | 2285.99x | 5029.18x | -572.40x | 897.02x | - |
FCF Conversion | 2.03x | 1.89x | 0.88x | 0.92x | 0.18x | -2.68x | 1.84x |
Revenue Growth | - | 52.45% | 1057.15% | -25.02% | -82.64% | 242.68% | -23.75% |
Related:ICG Dividend History·ICG Revenue History·ICG Price History·ICG P/E History·ICG Financial Ratios·ICG Institutional Holders
ICG Frequently Asked Questions
Intchains Group Limited (ICG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Intchains Group Limited (ICG) reported $220.4M in revenue for fiscal year 2025. This represents a 515% increase from $35.8M in 2019.
Intchains Group Limited (ICG) saw revenue decline by 23.8% over the past year.
Intchains Group Limited (ICG) reported a net loss of $50.2M for fiscal year 2025.
Dividend & Returns
Intchains Group Limited (ICG) has a return on equity (ROE) of -5.1%. Negative ROE indicates the company is unprofitable.
Intchains Group Limited (ICG) had negative free cash flow of $97.6M in fiscal year 2025, likely due to heavy capital investments.