Nano Labs (NASDAQ:NA) Releases Earnings Results

Nano Labs (NASDAQ:NA) issued its earnings results on Friday, August 28th. The company reported ($1.00) EPS for the quarter, reports. The company had revenue of $0.20 million for 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 Stock Down 4.8%

Shares of NA opened at $2.36 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.20 and a quick ratio of 1.17. Nano Labs has a 1-year low of $1.58 and a 1-year high of $6.10. The firm has a fifty day moving average price of $1.97 and a 200 day moving average price of $2.30.

Insider Activity at Nano Labs

In other news, Director Nan Hu sold 11,165 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $2.25, for a total value of $25,121.25. Following the completion of the sale, the director directly owned 27,651 shares of the company’s stock, valued at approximately $62,214.75. The trade was a 28.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Nano Labs in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

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.