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Intchains Group Ltd. ADR (ICG)
NASDAQ:ICG
Earnings Data
Report Date
May 21, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0Last Year’s EPS
-0.04Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call highlighted meaningful strategic progress — multiple new mining product launches with strong adoption, a strategic move into staking via acquisition and launch of Goldshell Stake, and substantial ETH accumulation (56% year-over-year growth to 8,826 ETH and >9,070 ETH by Feb 2026). The company also maintains a strong cash position (USD 67.8M) and low liabilities. However, financial performance deteriorated materially in FY2025: revenue fell 21.6%, cost of revenue rose ~57% largely due to inventory impairments, leading to an operating loss of RMB 104.7M and a net loss of RMB 52.0M compared to net income in the prior year. Additional headwinds include ETH price volatility, reduced interest income and regulatory restrictions in Mainland China. Overall, the negatives around profitability, inventory impairments and regulatory risk outweigh the operational and strategic positives in the near term.Company Guidance
Successful Product Launches and Market Adoption
Launched multiple new mining products in 2025 (ALEO, Dogecoin, XTM) and the Goldshell BYTE dual miner; ALEO series drove strong customer adoption and substantially increased Q1 revenues; XTM miners accounted for a significant portion of Q4 net revenues; BYTE dual miner generated strong market interest by supporting mining across six cryptocurrencies.
Expansion into Staking and Web3 Infrastructure
Completed acquisition of a Proof-of-Stake platform and launched Goldshell Stake in December 2025, enabling provision of staking services to individual and institutional clients and expanding the company's Web3 infrastructure offerings beyond hardware.
Material Increase in ETH Treasury Holdings
ETH holdings grew from 5,702 to 8,826 ETH year-over-year (an increase of approximately 56% as of December 31, 2025); continued accumulation into 2026 with over 9,070 ETH held as of February 23, 2026.
Active Staking Deployment
As of February 23, 2026, 2,600 ETH (28.7% of the company's ETH treasury) were staked — 1,000 ETH (11%) on FalconX and 1,600 ETH (18%) on the company's Goldshell Stake platform; Goldshell also stakes 1,359 ETH owned by third-party investors, demonstrating traction for the new service.
Solid Liquidity and Low Leverage
Maintained a strong balance sheet with cash and equivalents, deposits and investments totaling USD 67.8 million as of December 31, 2025; current assets of USD 83.2 million, total assets of USD 145.2 million and total liabilities of only USD 6.2 million.
Cost Reduction in Operating Expenses
Total operating expenses declined by approximately 18.7% year-over-year to RMB 120.6 million (USD 17.3 million), attributed to lower sales-related and R&D preliminary expenses.
Diversified Revenue Engines
Company is transitioning toward a dual growth model combining altcoin mining hardware sales with ETH accumulation and staking services, aiming to create synergies across hardware, wallet and staking platforms.
ICG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ICG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $1.34 | $1.26 | -5.97% |
Nov 13, 2025 | $1.01 | $1.05 | +3.96% |
Aug 14, 2025 | $2.42 | $2.16 | -10.74% |
May 22, 2025 | $2.69 | $2.16 | -19.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Intchains Group Ltd. ADR (ICG) report earnings?
Intchains Group Ltd. ADR (ICG) is schdueled to report earning on May 21, 2026, After Close (Confirmed).
What is Intchains Group Ltd. ADR (ICG) earnings time?
Intchains Group Ltd. ADR (ICG) earnings time is at May 21, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ICG EPS forecast?
ICG EPS forecast for the fiscal quarter 2026 (Q1) is 0.