Nano Labs (NA) Gross Margin (2021 - 2025)

Nano Labs has disclosed Gross Margin across 5 years of filings, most recently posting 155.32% for Q4 2025.

• Gross Margin for Q4 2025 came in at 155.32%, down 22504.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 186.11% (down 18961.0% YoY), and the FY2025 annual result was 147.33%, down 17591.0% from the prior year.
• Gross Margin came in at 155.32% for Q4 2025 at Nano Labs, down from 69.72% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 69.72% in Q4 2024 to a low of 752.43% in Q4 2021.
• The 5-year median for Gross Margin is 155.32% (2025), against an average of 215.69%.
• Across the five-year window, Gross Margin soared 44533 bps in 2023 and plunged 22504 bps in 2025, its largest moves.
• Nano Labs' Gross Margin stood at 752.43% in 2021, then climbed by 20 bps to 600.9% in 2022, then soared by 74 bps to 155.57% in 2023, then jumped by 145 bps to 69.72% in 2024, then slumped by 323 bps to 155.32% in 2025.
• The last three Gross Margin figures came in at 155.32% (Q4 2025), 69.72% (Q4 2024), and 155.57% (Q4 2023), per Business Quant data.