Canaan (CAN) Asset Writedowns and Impairment (2023 - 2026)
Canaan (CAN) posted Asset Writedowns and Impairment of -$9.2 million for Q2 2026, down 2.75% quarter-over-quarter from -$9.0 million in Q4 2025.
Analysis
Canaan (CAN) Asset Writedowns and Impairment (2023 - 2026) Analysis & Trends
Canaan (CAN) has 4 years of Asset Writedowns and Impairment data on file, last reported at -$9.2 million in Q2 2026.
- For the quarter ending Q2 2026, Asset Writedowns and Impairment changed N/A year-over-year to -$9.2 million; the trailing twelve-month figure through Jun 2026 stood at -$23.4 million (changed N/A YoY), and the FY2025 full-year result was $14.1 million, down 84.52% from the prior year.
- Asset Writedowns and Impairment was -$9.2 million for Q2 2026 at Canaan, down from -$9.0 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of -$1.2 million in Q3 2025 to a low of -$9.2 million in Q2 2026.
- A 4-year average of -$6.0 million and a median of -$6.3 million in 2023 frame the typical range for Asset Writedowns and Impairment.
- The largest YoY upside for Asset Writedowns and Impairment was 81.52% in 2025 against a maximum downside of 121.94% in 2025.
- Canaan's Asset Writedowns and Impairment stood at -$6.3 million in 2023, then jumped by 36.07% to -$4.0 million in 2024, then sank by 121.94% to -$9.0 million in 2025, then slipped by 2.75% to -$9.2 million in 2026.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were -$9.2 million in Q2 2026, -$9.0 million in Q4 2025, and -$1.2 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,133.09 Bn | 5,067.87 Bn | 72.14 Bn |
| 2 | Broadcom | 1,617.10 Bn | 1,593.13 Bn | 20.46 Bn |
| 3 | Advanced Micro Devices | 823.64 Bn | 810.53 Bn | 6.20 Bn |
| 4 | Arm Holdings | 255.67 Bn | 251.79 Bn | 1.25 Bn |
| 5 | Marvell Technology | 198.91 Bn | 194.98 Bn | 1.46 Bn |
| 6 | Qualcomm | 198.67 Bn | 190.37 Bn | 5.28 Bn |
| 7 | Monolithic Power Systems | 56.10 Bn | 54.68 Bn | 541.07 Mn |
| 8 | Astera Labs | 43.53 Bn | 42.28 Bn | 287.57 Mn |
| 9 | Credo Technology Group Holding | 28.01 Bn | 27.24 Bn | 309.08 Mn |
| 10 | Canaan | 143.86 Mn | 77.86 Mn | -29.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.22 Mn |
| Dec 31, 2025 | -8.97 Mn |
| Sep 30, 2025 | -1.19 Mn |
| Dec 31, 2024 | -4.04 Mn |
| Sep 30, 2024 | -6.46 Mn |
| Dec 31, 2023 | -6.32 Mn |
| Sep 30, 2023 | -5.69 Mn |