Intchains Group Limited (ICG) Revenue History
Annual and quarterly revenue from 2019 to 2024
Compound Annual Growth Rate (CAGR)
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ICG Revenue Growth
Revenue Breakdown (FY 2024)
ICG's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
ICG Revenue Analysis (2019–2024)
As of May 6, 2026, Intchains Group Limited (ICG) generated trailing twelve-month (TTM) revenue of $310.1 million, reflecting significant decline in growth of -64.9% year-over-year. The most recent quarter (Q2 2025) recorded $43.2 million in revenue, down 67.4% sequentially.
Looking at the longer-term picture, ICG's 5-year compound annual growth rate (CAGR) stands at +51.1%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $631.8 million in 2021.
Revenue diversification analysis shows ICG's business is primarily driven by Product (100%), and Other Revenue (0%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including BTBT, CANF (-16.0% YoY), and IREN, ICG has underperformed the peer group in terms of revenue growth. Compare ICG vs BTBT →
ICG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ICGCurrent | $310M | -64.9% | +51.1% | 1.1% | |
 BTBT | $164M | - | - | 16.8% | |
 CANF | $674,000 | -16.0% | -19.8% | -1206.2% | |
 IREN | $501M | - | - | 3.5% | |
 MARA | $907M | - | - | -90.6% | |
 RIOT | $647M | - | - | -61.8% |
ICG Historical Revenue Data (2019–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $281.8M | +242.7% | $151.3M | 53.7% | $3.2M | 1.1% |
| 2023 | $82.2M | -82.6% | $9.1M | 11.0% | $-64,968,000 | -79.0% |
| 2022 | $473.7M | -25.0% | $386.7M | 81.6% | $322.7M | 68.1% |
| 2021 | $631.8M | +1057.1% | $517.9M | 82.0% | $447.3M | 70.8% |
| 2020 | $54.6M | +52.5% | $31.3M | 57.3% | $8.0M | 14.7% |
| 2019 | $35.8M | - | $6.2M | 17.4% | $-2,541,000 | -7.1% |
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Start ComparisonICG — Frequently Asked Questions
Quick answers to the most common questions about buying ICG stock.
Is ICG's revenue growth accelerating or slowing?
ICG revenue declined -64.9% year-over-year, contrasting with the 5-year CAGR of +51.1%. TTM revenue fell to $310M. This reverses the prior growth trend.
What is ICG's long-term revenue growth rate?
Intchains Group Limited's 5-year revenue CAGR of +51.1% reflects the variable expansion pattern. Current YoY growth of -64.9% is below this long-term average.
How is ICG's revenue distributed by segment?
ICG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2024 are available for download. Segment mix reveals concentration and diversification trends.