Nano Labs Ltd Q2 FY2026 Earnings Call

· Earnings call transcript and AI-powered summary

Nano Labs H1 2026 Earnings Summary

Period Covered: First Half of 2026 (compared to First Half of 2025 unless noted). The company reported results amid Web3 industry maturation and a strategic shift toward AI-Web3 integration.

Key Strategic Highlights

  • Launched next-generation product: iPollo ClawPC A1 Mini, supporting open cloud AI agent ecosystem across hardware, software, and applications.
  • Formally incorporated digital assets into capital allocation; holds 30,000 BNB as core strategic reserve as of report date.
  • Continued USD 25 million share repurchase program (announced Oct 2025); repurchased Class A shares for USD 3.2 million total consideration as of Aug 2026 (1,117,401 shares as of June 30, 2026).
  • Focus on long-term convergence of AI, Web3, and next-gen computing infrastructure.

Financial Performance

  • Net value (revenue): RMB 2.8 million (USD 0.4 million) vs. RMB 8.3 million — significant decrease primarily due to lower iPollo V-Series sales volume.
  • Gross loss: RMB 5.8 million (USD 0.9 million) vs. RMB 10.7 million — improved (smaller loss) due to lower cost of revenue.
  • Cost of revenue: RMB 8.6 million (USD 1.3 million) vs. RMB 19 million — decreased in line with lower sales volume.

Continue Reading

Unlock the full AI-powered summary with key highlights, financial performance, and analyst Q&A.

Upgrade to Professional
Operator: Ladies and gentlemen, thank you for standing by. Welcome to Nano Labs' First Half of 2026 Earnings Conference Call. [Operator Instructions] This conference is being recorded today, Friday, 28, 2026. Joining us today from Nano Labs are the company's Chairman and Chief Executive Officer, Mr. Jianping Kong and the company's Chief Financial Officer, Mr. Bing Chen. On our call today, Mr. Kong will give you an overview of the company's performance and Mr. Chen will share the details of the company's financial results. After that, we will conduct a question-and-answer session to take your questions. Before we continue, I would like to remind you that some information discussed on this call will contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 as amended and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the company's control, which may cause the company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the company's filings with the Securities and Exchange Commission. During

Continue Reading

Unlock the full earnings call transcript with speaker labels and formatted dialogue.

Upgrade to Professional