Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.3581
-0.0309 (-7.94%)
At close: Jun 5, 2026, 4:00 PM EDT
0.3619
+0.0038 (1.06%)
After-hours: Jun 5, 2026, 7:59 PM EDT
Canaan Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 509.65 | 529.74 | 269.32 | 211.48 | 651.53 | 772.76 | |
Revenue Growth (YoY) | 60.77% | 96.69% | 27.35% | -67.54% | -15.69% | 1027.63% |
Cost of Revenue | 492.05 | 488.58 | 353.64 | 452.26 | 421.24 | 331.01 |
Gross Profit | 17.61 | 41.16 | -84.32 | -240.78 | 230.29 | 441.76 |
Selling, General & Admin | 78.02 | 81.65 | 77.4 | 79.42 | 97.72 | 106.61 |
Research & Development | 59.59 | 63.15 | 61.32 | 64.85 | 81.76 | 52.17 |
Other Operating Expenses | 8.91 | 8.59 | 4.09 | 25.83 | 7.88 | - |
Total Operating Expenses | 146.52 | 153.39 | 142.81 | 170.1 | 187.35 | 158.78 |
Operating Income | -128.91 | -112.23 | -227.13 | -410.88 | 42.94 | 282.97 |
Interest Income | 0.58 | 0.27 | 0.54 | 0.96 | 2.37 | 1.18 |
Interest Expense | -2.54 | -1.97 | -0.52 | - | - | - |
Other Non-Operating Income (Expense) | -79.44 | -93.56 | 54.85 | -55.57 | 43.03 | 32.7 |
Total Non-Operating Income (Expense) | -81.41 | -95.26 | 54.86 | -54.61 | 45.4 | 33.88 |
Pretax Income | -210.54 | -207.49 | -172.27 | -465.49 | 88.33 | 316.85 |
Provision for Income Taxes | 2.26 | 2.78 | 77.48 | -51.34 | 18.45 | 7.77 |
Net Income | -212.58 | -210.27 | -249.75 | -414.15 | 69.88 | 309.09 |
Net Income to Common | -212.58 | -210.27 | -249.75 | -414.15 | 69.88 | 309.09 |
Net Income Growth | - | - | - | - | -77.39% | - |
Shares Outstanding (Basic) | 561 | 470 | 271 | 172 | 171 | 168 |
Shares Outstanding (Diluted) | 561 | 470 | 271 | 172 | 172 | 172 |
Shares Change (YoY) | 93.69% | 72.94% | 57.89% | 0.05% | 0.07% | 9.83% |
EPS (Basic) | -0.34 | -0.45 | -0.92 | -2.41 | 0.41 | 1.84 |
EPS (Diluted) | -0.34 | -0.45 | -0.92 | -2.41 | 0.41 | 1.80 |
EPS Growth | - | - | - | - | -77.42% | - |
Shares Outstanding | 722.3 | 667.67 | 307.61 | 217.19 | 166.4 | 171.83 |
Free Cash Flow | - | -295.83 | -218.57 | -126.93 | -200.35 | 196.64 |
Free Cash Flow Growth | - | - | - | - | - | 3101.76% |
Free Cash Flow Per Share | - | -0.63 | -0.81 | -0.74 | -1.17 | 1.14 |
Gross Margin | 3.45% | 7.77% | -31.31% | -113.86% | 35.35% | 57.17% |
Operating Margin | -25.29% | -21.19% | -84.33% | -194.29% | 6.59% | 36.62% |
Profit Margin | -41.71% | -39.69% | -92.73% | -195.84% | 10.73% | 40.00% |
FCF Margin | - | -55.84% | -81.15% | -60.02% | -30.75% | 25.45% |
EBITDA | -128.91 | -64.67 | -198.71 | -351.24 | 76.63 | 284.68 |
EBITDA Margin | -25.29% | -12.21% | -73.78% | -166.09% | 11.76% | 36.84% |
EBIT | -128.91 | -112.23 | -227.13 | -410.88 | 42.94 | 282.97 |
EBIT Margin | -25.29% | -21.19% | -84.33% | -194.29% | 6.59% | 36.62% |
Effective Tax Rate | -1.07% | -1.34% | -44.98% | 11.03% | 20.89% | 2.45% |