Canaan (CAN) Asset Writedowns and Impairment (2023 - 2025)

Canaan (CAN) has reported Asset Writedowns and Impairment for 3 consecutive years, with -$9.0 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Asset Writedowns and Impairment fell 121.94% year-over-year to -$9.0 million; the TTM figure through Dec 2025 stood at -$20.7 million (up 8.21% YoY), while the FY2025 annual figure was $14.1 million, down 84.52% from the prior year.
• Asset Writedowns and Impairment slipped to -$9.0 million in Q4 2025 per CAN's latest filing, from -$1.2 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at -$1.2 million in Q3 2025 and bottomed at -$9.0 million in Q4 2025.
• Historically, Asset Writedowns and Impairment has averaged -$5.4 million across 3 years, with a median of -$6.0 million in 2023.
• On a YoY basis, Asset Writedowns and Impairment climbed as much as 81.52% in 2025 and fell as far as 121.94% in 2025.
• Canaan's Asset Writedowns and Impairment stood at -$6.3 million in 2023, then surged by 36.07% to -$4.0 million in 2024, then plunged 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.