Intchains Group (ICG) Financial Statements & Analysis

Intchains Group (ICG) Income Statement

Intchains Group reported revenue of CNY 214.85M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 23.8% from CNY 281.77M a year earlier. Intchains Group posted a net loss of CNY 50.62M, compared with net income of CNY 51.50M a year earlier. Gross margin was 7.2% and operating margin -47.4%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was CNY 11.13M, down 74.2% from the same quarter a year earlier.

Intchains Group Income Statement Analysis

Values in millions CNY

Income Statement Balance Sheet Cash Flow Ratios

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Intchains Group Limited income statement - Annual data in millions CNY
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Mar 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	214.85	281.77	82.23	473.74	473.74	631.84	54.60	35.82
Cost of Revenue	199.32	130.45	73.15	87.02	87.02	113.96	23.33	29.58
Gross Profit	15.53	151.32	9.08	386.72	386.72	517.88	31.27	6.24
Operating Expenses
Research & Development	75.19	109.44	42.30	48.39	48.39	53.15	22.48	9.06
Selling, General & Administrative	42.09	38.72	31.74	15.63	15.63	17.41	3.26	5.04
Operating Expenses	117.28	148.37	60.85	64.01	64.01	69.90	23.24	8.78
Operating Income	-101.75	2.95	-51.77	322.71	322.71	447.98	8.03	-2.54
Other Income/Expense
Interest Income	10.71	16.24	16.75	11.13	11.13	2.52	0.04	0.02
Interest Expense	0.00	-0.06	0.06	0.07	-0.07	0.20	-0.17	0.13
Other Income/Expense	20.18	47.23	-0.47	44.35	44.35	-0.16	0.22	-0.17
Income
Income Before Tax	-81.57	50.18	-35.55	367.06	367.06	450.14	8.25	-2.71
Income Tax Expense	-30.95	-1.32	-8.76	11.86	11.86	0.00	0.00	0.24
Net Income	-50.62	51.50	-26.80	355.20	355.20	450.14	8.25	-2.95
Net Income - Continuous Operations	-50.62	51.50	-26.80	355.20	355.20	450.14	8.25	-2.95
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	-74.76	8.14	-31.66	368.94	324.51	450.89	8.39	-2.14
EBIT	-104.60	3.16	-35.49	-	322.71	450.34	8.03	-
Depreciation & Amortization	6.82	4.98	3.83	1.81	1.81	0.55	0.36	0.44
Earnings Per Share
Basic EPS	-2.00	1.00	-	6.00	6.00	9.00	-	-
Diluted EPS	-2.00	1.00	-	6.00	6.00	9.00	-	-
Basic Shares Outstanding	30.23	59.97	59.69	59.82	58.82	50.44	50.00	59.82
Diluted Shares Outstanding	30.23	60.01	59.69	62.40	58.82	50.44	50.00	59.82

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Intchains Group Financial Statements

What was Intchains Group's revenue in fiscal 2025?

Intchains Group reported revenue of CNY 214.85M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 23.8% from CNY 281.77M a year earlier.

Is Intchains Group profitable?

No. Intchains Group reported a net loss of CNY 50.62M in fiscal 2025. In fiscal 2024 it earned CNY 51.50M.

What is Intchains Group's operating margin?

Intchains Group's operating income was −CNY 101.75M on revenue of CNY 214.85M in fiscal 2025, an operating margin of -47.4%, compared with 1.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition