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
DateValue
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