Nano Labs Ltd (NA) Revenue History
Annual and quarterly revenue from 2019 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
NA's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
NA Revenue Analysis (2019–2024)
As of February 28, 2026, Nano Labs Ltd (NA) generated trailing twelve-month (TTM) revenue of $24.1 million, reflecting significant decline in growth of -66.5% year-over-year. The most recent quarter (Q2 2025) recorded $4.1 million in revenue, up 0.0% sequentially.
Looking at the longer-term picture, NA's historical revenue data shows a 3-year CAGR of +1.0%. The company achieved its highest annual revenue of $983.2 million in 2022.
Revenue diversification analysis shows NA's business is primarily driven by Product (84%), and Service (16%). 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 NVDA (+65.5% YoY), AMD (+34.3% YoY), and INTC (-1.1% YoY), NA has underperformed the peer group in terms of revenue growth. Compare NA vs NVDA →
Peer Comparison
Compare NA's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NACurrent | $24M | -66.5% | - | -242.7% | |
| NVDA | $215.9B | +65.5% | +66.9% | 60.4% | |
| AMD | $34.6B | +34.3% | +28.8% | 10.7% | |
| INTC | $52.9B | -1.1% | -5.9% | -4.0% | |
| AMBA | $285M | +48.1% | +4.5% | -44.4% | |
| AMBQ | $76M | - | - | -53.4% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $40.6M | -48.2% | $11.6M | 28.6% | $-98,511,716 | -242.7% |
| 2023 | $78.3M | -92.0% | $-103,449,200 | -132.1% | $-260,785,294 | -332.9% |
| 2022 | $983.2M | +2392.8% | $230.2M | 23.4% | $20.7M | 2.1% |
| 2021 | $39.4M | +1754.6% | $-4,089,811 | -10.4% | $-178,785,887 | -453.3% |
| 2020 | $2.1M | - | $856K | 40.3% | $-36,915,952 | -1735.9% |
| 2019 | $0 | - | $0 | - | $-10,973,296 | - |
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Start ComparisonFrequently Asked Questions
Is NA's revenue growth accelerating or slowing?
NA revenue declined -66.5% year-over-year, contrasting with the 5-year CAGR of N/A. TTM revenue fell to $24M. This reverses the prior growth trend.
What is NA's long-term revenue growth rate?
Nano Labs Ltd's 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -66.5% is below this long-term average.
How is NA's revenue distributed by segment?
NA 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.