Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
1.960
+0.160 (8.89%)
At close: Oct 15, 2025, 4:00 PM EDT
1.940
-0.020 (-1.02%)
After-hours: Oct 15, 2025, 7:59 PM EDT

Canaan Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 20202017 - 2019
Period Ending
Jun '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2017 - 2019
Operating Revenue
268.28223.23176.9618.89768.1468.44
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Other Revenue
77.0846.0934.5832.644.620.14
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345.36269.32211.48651.53772.7668.57
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Revenue Growth (YoY)
82.40%27.35%-67.54%-15.69%1026.92%-66.44%
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Cost of Revenue
363.27353.64452.26421.24331.0162.79
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Gross Profit
-17.91-84.32-240.78230.29441.765.78
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Selling, General & Admin
84.7277.479.4297.72106.6123.22
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Research & Development
66.6961.3264.8581.7652.1721.45
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Other Operating Expenses
--4.717.88--
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Operating Expenses
151.41138.72148.98187.35158.7844.67
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Operating Income
-169.32-223.04-389.7642.94282.97-38.89
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Interest Expense
-1.24-0.52----0.55
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Interest & Investment Income
0.40.540.962.371.181.38
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Currency Exchange Gain (Loss)
5.7914.1412.3135.942.240.37
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Other Non Operating Income (Expenses)
64.8791.44-8.687.0930.464.36
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EBT Excluding Unusual Items
-99.51-117.46-385.1788.33316.85-33.33
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Gain (Loss) on Sale of Investments
-----0.38
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Gain (Loss) on Sale of Assets
2.647.22----
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Asset Writedown
-10.51-11.3-21.13---
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Other Unusual Items
-78.53-50.73-59.2---
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Pretax Income
-185.9-172.27-465.4988.33316.85-32.95
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Income Tax Expense
80.0777.48-51.3418.457.77-
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Net Income
-265.97-249.75-414.1569.88309.09-32.95
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Net Income to Common
-265.97-249.75-414.1569.88309.09-32.95
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Net Income Growth
----77.39%--
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Shares Outstanding (Basic)
320271172171168156
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Shares Outstanding (Diluted)
320271172172172156
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Shares Change (YoY)
46.66%57.89%0.05%0.07%9.82%8.94%
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EPS (Basic)
-0.83-0.92-2.410.411.84-0.21
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EPS (Diluted)
-0.83-0.92-2.410.411.80-0.21
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EPS Growth
----77.42%--
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Free Cash Flow
-325.94-218.57-126.93-200.35196.646.15
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Free Cash Flow Per Share
-1.02-0.81-0.74-1.171.150.04
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Gross Margin
-5.19%-31.31%-113.86%35.35%57.17%8.43%
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Operating Margin
-49.03%-82.82%-184.30%6.59%36.62%-56.71%
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Profit Margin
-77.01%-92.73%-195.84%10.73%40.00%-48.05%
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Free Cash Flow Margin
-94.38%-81.15%-60.02%-30.75%25.45%8.96%
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EBITDA
-134.88-194.63-330.1176.63285.16-34.1
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EBITDA Margin
-39.05%-72.27%-156.10%11.76%36.90%-49.73%
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D&A For EBITDA
34.4528.4259.6433.692.194.79
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EBIT
-169.32-223.04-389.7642.94282.97-38.89
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EBIT Margin
-49.03%-82.82%-184.30%6.59%36.62%-56.71%
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Effective Tax Rate
---20.89%2.45%-
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Revenue as Reported
345.36269.32211.48651.53772.7668.57
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Advertising Expenses
-0.541.640.960.690.57
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Updated May 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q