Nano Labs (NASDAQ:NA) Releases Quarterly Earnings Results

Nano Labs (NASDAQ:NA) posted its quarterly earnings results on Friday. The company reported ($2.01) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $0.20 million during the quarter.

Here are the key takeaways from Nano Labs’ conference call:

• Net loss surged to RMB 316.7 million ($46.5 million) in the first half of 2026, versus RMB 11.8 million a year earlier, driven primarily by a RMB 250.5 million cryptocurrency fair-value loss as BNB prices declined.
• Revenue fell to RMB 2.8 million from RMB 8.3 million, largely because of lower iPollo V Series sales, while the company reported a RMB 5.8 million gross loss and operating expenses increased to RMB 285.8 million.
• Nano Labs is repositioning around the convergence of AI and Web3, highlighted by the launch of the iPollo ClawPC A1 Mini and plans to expand the OpenClaw ecosystem across hardware, software, operating systems, and applications.
• The company held 30,000 BNB as long-term reserves and said it will manage digital-asset allocations prudently; however, the strategy exposes results and balance-sheet value to cryptocurrency price volatility.
• Management is continuing its share-repurchase program of up to $25 million, having repurchased $3.2 million of Class A shares by August 26, 2026, which it said reflects confidence in the company’s long-term prospects.

Nano Labs Trading Up 4.7%

Shares of NASDAQ NA traded up $0.10 during trading on Friday, reaching $2.22. 13,215,115 shares of the company traded hands, compared to its average volume of 167,044. Nano Labs has a 12-month low of $1.58 and a 12-month high of $6.10. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.03 and a current ratio of 2.09. The firm’s fifty day simple moving average is $1.86 and its 200 day simple moving average is $2.37.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on NA. Wall Street Zen raised Nano Labs to a “hold” rating in a research note on Saturday, May 16th. Weiss Ratings restated a “sell (d)” rating on shares of Nano Labs in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Institutional Investors Weigh In On Nano Labs

Several institutional investors and hedge funds have recently modified their holdings of the company. Jane Street Group LLC purchased a new stake in shares of Nano Labs in the fourth quarter valued at approximately $89,000. XTX Topco Ltd raised its stake in Nano Labs by 40.9% during the fourth quarter. XTX Topco Ltd now owns 36,641 shares of the company’s stock valued at $115,000 after buying an additional 10,638 shares in the last quarter. Finally, Vontobel Holding Ltd. boosted its stake in Nano Labs by 9.3% in the fourth quarter. Vontobel Holding Ltd. now owns 51,045 shares of the company’s stock valued at $161,000 after acquiring an additional 4,364 shares during the period. Hedge funds and other institutional investors own 50.68% of the company’s stock.

Nano Labs Company Profile

Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally. It develops high throughput computing and high-performance computing chips. The company also offers distributed computing and storage solutions, smart network interface cards, and vision computing chips, as well as distributed rendering technology. In addition, it engages in the research and development of software. Its customers include enterprises and individual buyers.