Growth Metrics

Nano Labs (NA) Cost of Revenue (2021 - 2025)

Nano Labs' Cost of Revenue history spans 5 years, with the latest figure at $6.8 million for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 1041.19% to $6.8 million in Q4 2025 year-over-year; TTM through Dec 2025 was $29.6 million, a 66.18% decrease, with the full-year FY2025 number at $9.5 million, up 647.73% from a year prior.
  • Cost of Revenue hit $6.8 million in Q4 2025 for Nano Labs, up from $595986.0 in the prior quarter.
  • Over the last five years, Cost of Revenue for NA hit a ceiling of $64.8 million in Q3 2022 and a floor of $595986.0 in Q4 2024.
  • Historically, Cost of Revenue has averaged $14.2 million across 5 years, with a median of $6.8 million in 2025.
  • Biggest five-year swings in Cost of Revenue: soared 8225.98% in 2022 and later crashed 93.66% in 2024.
  • Tracing NA's Cost of Revenue over 5 years: stood at $4.2 million in 2021, then surged by 204.47% to $12.8 million in 2022, then dropped by 26.64% to $9.4 million in 2023, then crashed by 93.66% to $595986.0 in 2024, then surged by 1041.19% to $6.8 million in 2025.
  • Business Quant data shows Cost of Revenue for NA at $6.8 million in Q4 2025, $595986.0 in Q4 2024, and $9.4 million in Q4 2023.