Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.3162
-0.0070 (-2.17%)
At close: Sep 9, 2026, 4:00 PM EDT
0.3158
-0.0004 (-0.13%)
After-hours: Sep 9, 2026, 7:58 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 | Jun '26 Jun 30, 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 |
Operating Revenue | 340.03 | 413.78 | 223.23 | 176.9 | 618.89 | 768.14 |
Other Revenue | 101.27 | 115.95 | 46.09 | 34.58 | 32.64 | 4.62 |
| 441.31 | 529.74 | 269.32 | 211.48 | 651.53 | 772.76 | |
Revenue Growth | 27.78% | 96.69% | 27.35% | -67.54% | -15.69% | 1026.92% |
Cost of Revenue | 462.34 | 488.58 | 353.64 | 452.26 | 421.24 | 331.01 |
Gross Profit | -21.03 | 41.16 | -84.32 | -240.78 | 230.29 | 441.76 |
Selling, General & Admin | 74.18 | 81.65 | 77.4 | 79.42 | 97.72 | 106.61 |
Research & Development | 58.05 | 63.15 | 61.32 | 64.85 | 81.76 | 52.17 |
Other Operating Expenses | - | - | - | 4.71 | 7.88 | - |
Operating Expenses | 132.23 | 144.8 | 138.72 | 148.98 | 187.35 | 158.78 |
Operating Income | -153.26 | -103.64 | -223.04 | -389.76 | 42.94 | 282.97 |
Interest Expense | -2.65 | -1.97 | -0.52 | - | - | - |
Interest & Investment Income | 0.28 | 0.27 | 0.54 | 0.96 | 2.37 | 1.18 |
Currency Exchange Gain (Loss) | -11.74 | -3.53 | 14.14 | 12.31 | 35.94 | 2.24 |
Other Non Operating Income (Expenses) | -107.05 | -61.86 | 91.44 | -8.68 | 7.09 | 30.46 |
EBT Excluding Unusual Items | -278.34 | -170.72 | -117.46 | -385.17 | 88.33 | 316.85 |
Gain (Loss) on Sale of Assets | 1.34 | 1.58 | 7.22 | - | - | - |
Asset Writedown | -19.39 | -10.17 | -11.3 | -21.13 | - | - |
Other Unusual Items | - | -28.18 | -50.73 | -59.2 | - | - |
Pretax Income | -296.38 | -207.49 | -172.27 | -465.49 | 88.33 | 316.85 |
Income Tax Expense | 2.75 | 2.78 | 77.48 | -51.34 | 18.45 | 7.77 |
Net Income | -299.13 | -210.27 | -249.75 | -414.15 | 69.88 | 309.09 |
Net Income to Common | -299.13 | -210.27 | -249.75 | -414.15 | 69.88 | 309.09 |
Net Income Growth | - | - | - | - | -77.39% | - |
Shares Outstanding (Basic) | 644 | 470 | 271 | 172 | 171 | 168 |
Shares Outstanding (Diluted) | 644 | 470 | 271 | 172 | 172 | 172 |
Shares Change | 100.88% | 72.94% | 57.89% | 0.05% | 0.07% | 9.82% |
EPS (Basic) | -0.46 | -0.45 | -0.92 | -2.41 | 0.41 | 1.84 |
EPS (Diluted) | -0.47 | -0.45 | -0.92 | -2.41 | 0.41 | 1.80 |
EPS Growth | - | - | - | - | -77.42% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | - | -295.83 | -218.57 | -126.93 | -200.35 | 196.64 |
Free Cash Flow Per Share | - | -0.63 | -0.81 | -0.74 | -1.17 | 1.15 |
Gross Margin | -4.77% | 7.77% | -31.31% | -113.86% | 35.35% | 57.17% |
Operating Margin | -34.73% | -19.56% | -82.82% | -184.30% | 6.59% | 36.62% |
Profit Margin | -67.78% | -39.69% | -92.73% | -195.84% | 10.73% | 40.00% |
Free Cash Flow Margin | - | -55.84% | -81.15% | -60.02% | -30.75% | 25.45% |
EBITDA | -100.98 | -56.08 | -194.63 | -330.11 | 76.63 | 285.16 |
EBITDA Margin | -22.88% | -10.59% | -72.27% | -156.10% | 11.76% | 36.90% |
D&A For EBITDA | 52.27 | 47.56 | 28.42 | 59.64 | 33.69 | 2.19 |
EBIT | -153.26 | -103.64 | -223.04 | -389.76 | 42.94 | 282.97 |
EBIT Margin | -34.73% | -19.56% | -82.82% | -184.30% | 6.59% | 36.62% |
Effective Tax Rate | - | - | - | - | 20.89% | 2.45% |
Revenue as Reported | 441.31 | 529.74 | 269.32 | 211.48 | 651.53 | 772.76 |
Advertising Expenses | - | 0.78 | 0.54 | 1.64 | 0.96 | 0.69 |