Nano Labs (NASDAQ:NA) Issues Earnings Results

Nano Labs (NASDAQ:NA) released its quarterly earnings data 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 Stock Performance

NA opened at $2.22 on Friday. The business’s 50 day moving average is $1.87 and its 200-day moving average is $2.37. The company has a quick ratio of 2.03, a current ratio of 2.09 and a debt-to-equity ratio of 0.23. Nano Labs has a twelve month low of $1.58 and a twelve month high of $6.10.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Nano Labs in a research report on Tuesday, July 14th. Wall Street Zen raised shares of Nano Labs to a “hold” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Nano Labs

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NA. XTX Topco Ltd increased its position in Nano Labs by 40.9% in the 4th quarter. XTX Topco Ltd now owns 36,641 shares of the company’s stock valued at $115,000 after acquiring an additional 10,638 shares during the period. Vontobel Holding Ltd. raised its stake in Nano Labs by 9.3% during the 4th 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 in the last quarter. Finally, Jane Street Group LLC bought a new stake in Nano Labs during the 4th quarter valued at $89,000. 50.68% of the stock is owned by institutional investors.

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.