Canaan (CAN) Asset Writedowns and Impairment (2023 - 2025)
Canaan (CAN) reported Asset Writedowns and Impairment of -$9.0 million for Q4 2025, down 121.94% year-over-year from $40.9 million in Q4 2024, and down 651.51% quarter-over-quarter from -$1.2 million in Q3 2025.
Canaan (CAN) Asset Writedowns and Impairment (2023 - 2025) Analysis & Trends
Canaan (CAN) has 3 years of Asset Writedowns and Impairment data on file, last reported at -$9.0 million in Q4 2025.
- Asset Writedowns and Impairment for Q4 2025 came in at -$9.0 million, down 121.94% year-over-year; the trailing twelve-month figure through Dec 2025 was -$20.7 million (down 109.4% YoY), and the FY2025 annual result was $14.1 million, up 24.35% from the prior year.
- Asset Writedowns and Impairment declined to -$9.0 million in Q4 2025 per CAN's latest filing, from -$1.2 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $6.3 million in Q4 2023 and troughed at -$9.0 million in Q4 2025.
- A 3-year average of -$3.3 million and a median of -$4.9 million in 2023 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2024 and 2025: Asset Writedowns and Impairment slumped 163.93% in 2024, then soared 81.52% in 2025.
- A 3-year view of Asset Writedowns and Impairment shows it stood at $6.3 million in 2023, then slumped by 163.93% to -$4.0 million in 2024, then tumbled by 121.94% to -$9.0 million in 2025.
- Business Quant data shows CAN's Asset Writedowns and Impairment at -$9.0 million in Q4 2025, -$1.2 million in Q3 2025, and -$4.0 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn |
| 10 | Canaan | 2.72 Bn | 2.64 Bn | -22.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -8.97 Mn |
| Dec 31, 2025 | -8.97 Mn |
| Sep 30, 2025 | -1.19 Mn |
| Sep 30, 2025 | -1.19 Mn |
| Dec 31, 2024 | -4.04 Mn |
| Dec 31, 2024 | -4.04 Mn |
| Sep 30, 2024 | -6.46 Mn |
| Sep 30, 2024 | -6.46 Mn |
| Dec 31, 2023 | 6.32 Mn |
| Dec 31, 2023 | 6.32 Mn |
| Sep 30, 2023 | -5.69 Mn |
| Sep 30, 2023 | -5.69 Mn |