Canaan (CAN) Accumulated Expenses (2018 - 2026)
Canaan (CAN) recorded Accumulated Expenses of $51.99 million in the quarter ended Jun 30, 2026, up 8.9% from $47.74 million a year earlier and up 17.8% from the prior quarter.
Canaan (CAN) Accumulated Expenses (2018 - 2026) Analysis & Trends
As of Dec 31, 2025, Canaan reported Accumulated Expenses of $54.55 million, up 25.7% from the prior year.
- Annual Accumulated Expenses has a five-year compound annual growth rate of 41.2% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Accumulated Expenses came in at $43.41 million in the year ended Dec 31, 2024 (-32.4%), $64.24 million in the year ended Dec 31, 2023 (+32.9%), $48.35 million in the year ended Dec 31, 2022 (-29.6%) and $68.64 million in the year ended Dec 31, 2021 (+607.0%).
- Quarterly Accumulated Expenses has ranged from $24.15 million in the quarter ended Jun 30, 2022 to $69.01 million in the quarter ended Jun 30, 2023 over the past five years.
- On a year-over-year basis, Accumulated Expenses has increased for five consecutive quarters, with growth averaging 10.2% over the last eight quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 615.8% in the quarter ended Dec 31, 2021, against a decline of 65.9% in the quarter ended Mar 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $44.13 million (quarter ended Mar 31, 2026), $54.55 million (quarter ended Dec 31, 2025) and $55.49 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 4,897.27 Bn | 4,671.43 Bn | 72.14 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,075.59 Bn | 1,700.45 Bn | 27.22 Bn |
| 3 | Broadcom | 1,543.52 Bn | 1,469.56 Bn | 20.46 Bn |
| 4 | Micron Technology | 938.84 Bn | 844.47 Bn | 47.05 Bn |
| 5 | Advanced Micro Devices | 765.98 Bn | 722.73 Bn | 6.20 Bn |
| 6 | Asml Holding | 593.64 Bn | 549.33 Bn | 5.90 Bn |
| 7 | Intel | 306.44 Bn | 306.44 Bn | 7.10 Bn |
| 8 | Applied Materials | 298.51 Bn | 263.95 Bn | 4.59 Bn |
| 9 | Lam Research | 284.63 Bn | 260.68 Bn | 4.30 Bn |
| 10 | Canaan | 93.90 Mn | -215.54 Mn | -29.33 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.99 Mn |
| Mar 31, 2026 | 44.13 Mn |
| Dec 31, 2025 | 54.55 Mn |
| Sep 30, 2025 | 55.49 Mn |
| Jun 30, 2025 | 47.74 Mn |
| Mar 31, 2025 | 36.70 Mn |
| Dec 31, 2024 | 43.41 Mn |
| Sep 30, 2024 | 36.18 Mn |
| Jun 30, 2024 | 29.74 Mn |
| Mar 31, 2024 | 42.72 Mn |
| Dec 31, 2023 | 64.24 Mn |
| Sep 30, 2023 | 60.96 Mn |
| Jun 30, 2023 | 69.01 Mn |
| Mar 31, 2023 | 38.11 Mn |
| Dec 31, 2022 | 48.36 Mn |
| Sep 30, 2022 | 26.06 Mn |
| Jun 30, 2022 | 24.15 Mn |
| Mar 31, 2022 | 24.83 Mn |
| Dec 31, 2021 | 68.64 Mn |
| Sep 30, 2021 | 44.41 Mn |
Canaan Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "CAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();