Nano Labs Ltd Financial Summary

Quick Answer

Nano Labs Ltd reported Total Revenue of $40.60 million for fiscal year 2024.

Nano Labs Ltd — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue $40.60M
-48.2%
$78.34M
-92.0%
$983.17M
+2392.8%
$39.44M
+1754.6%
$2.13M
Revenue (ASC 606) $983.17M
+2392.8%
$39.44M
+1754.6%
$2.13M
Net Income -$15.75M
+93.8%
-$252.82M
-912.4%
$31.12M
+117.8%
-$174.94M
-364.0%
-$37.70M
Diluted EPS -$14.06
+67.3%
-$42.94
-835.3%
$5.84
+250.1%
-$3.89
-710.4%
-$0.48
Total Assets $615.93M
+75.8%
$350.30M
-4.6%
$367.24M
-59.6%
$909.83M
Cash and Equivalents $4.51M
-90.6%
$48.16M
-45.1%
$87.81M
-62.5%
$233.85M
Long-Term Debt $170.68M
+41.9%
$120.26M
+621.3%
$16.67M
Stockholders Equity $230.79M
+1666.5%
-$14.73M
-109.0%
$164.41M
+766.7%
-$24.66M
+49.2%
-$48.52M
-339.8%
-$11.03M
R&D Expense $50.15M
-43.4%
$88.60M
-32.8%
$131.85M
-9.4%
$145.46M
+321.9%
$34.48M
Operating Income -$98.51M
+62.2%
-$260.79M
-1360.8%
$20.68M
+111.6%
-$178.79M
-384.3%
-$36.92M
Gross Profit $1.61M
+101.6%
-$103.45M
-144.9%
$230.16M
+5727.8%
-$4.09M
-577.7%
$856.1K
Shares Outstanding 111.50M
+7.4%
103.79M
  • Nano Labs Ltd reported Total Revenue of $40.60 million for fiscal year 2024.
  • Nano Labs Ltd showed a decrease of -48.2% in Total Revenue compared to the prior fiscal year.
  • Nano Labs Ltd reported Revenue (ASC 606) of $983.17 million for fiscal year 2022.
  • Nano Labs Ltd showed an increase of +2392.8% in Revenue (ASC 606) compared to the prior fiscal year.
  • Nano Labs Ltd reported Net Income of -$15.75 million for fiscal year 2024.
  • Nano Labs Ltd showed an increase of +93.8% in Net Income compared to the prior fiscal year.
  • Nano Labs Ltd reported Diluted EPS of $14.06 per share (loss) for fiscal year 2024.
  • Nano Labs Ltd showed an increase of +67.3% in Diluted EPS compared to the prior fiscal year.
  • Nano Labs Ltd reported Total Assets of $615.93 million for fiscal year 2024.
  • Nano Labs Ltd showed an increase of +75.8% in Total Assets compared to the prior fiscal year.
  • Nano Labs Ltd reported Cash and Equivalents of $4.51 million for fiscal year 2024.
  • Nano Labs Ltd showed a decrease of -90.6% in Cash and Equivalents compared to the prior fiscal year.
  • Nano Labs Ltd reported Long-Term Debt of $170.68 million for fiscal year 2024.
  • Nano Labs Ltd showed an increase of +41.9% in Long-Term Debt compared to the prior fiscal year.
  • Nano Labs Ltd reported Stockholders Equity of $230.79 million for fiscal year 2024.
  • Nano Labs Ltd showed an increase of +1666.5% in Stockholders Equity compared to the prior fiscal year.
  • Nano Labs Ltd reported R&D Expense of $50.15 million for fiscal year 2024.
  • Nano Labs Ltd showed a decrease of -43.4% in R&D Expense compared to the prior fiscal year.
  • Nano Labs Ltd reported Operating Income of -$98.51 million for fiscal year 2024.
  • Nano Labs Ltd showed an increase of +62.2% in Operating Income compared to the prior fiscal year.
  • Nano Labs Ltd reported Gross Profit of $1.61 million for fiscal year 2024.
  • Nano Labs Ltd showed an increase of +101.6% in Gross Profit compared to the prior fiscal year.
  • Nano Labs Ltd reported Shares Outstanding of 111.50 million shares for fiscal year 2022.
  • Nano Labs Ltd showed an increase of +7.4% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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