Intchains Group Ltd
ICG Nasdaq· Semiconductors & Related Devices
KIRA · Stoqly’s AI analyst, in plain words
- Intchains Group Ltd had $30.7M of revenue in fiscal 2025, down 21.5% on the year before. Over five years, revenue changed +31.2% a year on average.
- Its operating margin was −47.4%, down 48.4 pts: of every 100 in sales, about −47 is left after running the business.
- Intchains Group Ltd lost $6.6M in fiscal 2025.
- Free cash flow was −$13.6M in fiscal 2025, −44.2% of revenue.
Market cap
—
P/E
—
Revenue
$30.7M
Net income
−$6.6M
Free cash flow
−$13.6M
Operating margin
−47.4%
Intchains Group Ltd in 30 seconds · fiscal 2025
Are sales growing?
−21.5%
No. Sales fell 21.5% last year.
Does it make a profit?
−21.5%
No. It lost money last year.
Does profit turn into cash?
−44.2%
No. It spent more cash than it brought in.
How healthy are the accounts?
1 / 8
Weak. It passes 1 of 8 health tests.
What Intchains Group Ltd does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 13, 2026
- Legal name
- Intchains Group Ltd
- CIK
- 0001895597
Intchains Group Ltd · ICG
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $98.0M | $70.4M | $11.6M | $39.2M | $30.7M |
| Revenue growth | 1,138.3% | −28.2% | −83.5% | 237.3% | −21.5% |
| Gross margin | 82.0% | 81.6% | 11.0% | 53.7% | 7.2% |
| Operating margin | 70.8% | 68.1% | −79.0% | 1.0% | −47.4% |
| Net income | $69.8M | $52.8M | −$3.8M | $7.2M | −$6.6M |
| Net margin | 71.2% | 75.0% | −32.6% | 18.3% | −21.5% |
| Diluted EPS | $1.38 | $0.90 | −$0.06 | $0.12 | −$0.11 |
| Cash | |||||
| Cash from operations | $61.3M | $48.5M | −$0.7M | −$19.2M | −$12.9M |
| Capital expenditure | $0.3M | $0.6M | $6.6M | $1.4M | $0.7M |
| Free cash flow | $61.0M | $47.9M | −$7.3M | −$20.6M | −$13.6M |
| FCF margin | 62.3% | 68.1% | −62.8% | −52.6% | −44.2% |
| Share count change | 0.9% | 16.6% | 1.5% | 0.5% | 0.7% |
| Debt and strength | |||||
| Cash and short-term investments | $79.1M | $103M | $96.9M | $71.4M | $69.9M |
| Shareholders' equity | $91.1M | $135M | $134M | $139M | $139M |
| Current ratio | 19.2x | 43.3x | 27.6x | 9.4x | 14.1x |
| Interest coverage | 2,273.9x | 4,437.9x | — | — | — |
| Returns and quality | |||||
| Return on equity | 145.0% | 46.6% | −2.8% | 5.3% | −4.8% |
| Return on tangible equity | 76.7% | 39.0% | −2.8% | 5.2% | −4.8% |
| Piotroski F-score | — | 3 | 1 | 4 | 1 |
| Altman Z'' | 31.6 | 60.6 | 41.4 | 20.1 | 28.9 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Intchains Group Ltd · ICG
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Source: SEC EDGAR XBRL filings (CIK 0001895597). Data updated October 24, 2026. Filed in CNY under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.