Canaan (CAN) Consolidated Net Income (2018 - 2026)

Canaan (CAN) posted quarterly Consolidated Net Income of -$88.6 million for Q1 2026, down 4.2% YoY from -$92.5 million in Q1 2025, and down 6.19% sequentially from -$83.4 million in Q4 2025.

Canaan (CAN) Consolidated Net Income (2018 - 2026) Analysis & Trends

Canaan has disclosed Consolidated Net Income across 9 years of filings, most recently posting -$88.6 million for Q1 2026.

  • In Q1 2026, Consolidated Net Income fell 4.2% year-over-year to -$88.6 million; the TTM figure through Mar 2026 stood at -$208.3 million (down 46.66% YoY), while the FY2025 annual figure was -$210.3 million, up 15.81% from the prior year.
  • Consolidated Net Income retreated to -$88.6 million in Q1 2026, from -$83.4 million in the prior quarter.
  • Over the last five years, Consolidated Net Income for CAN reached as high as $143.2 million in Q2 2022 and fell as low as -$185.2 million in Q4 2023.
  • The 5-year median for Consolidated Net Income is -$83.4 million (2025), against an average of -$45.8 million.
  • Annual changes were most pronounced in 2022 — Consolidated Net Income jumped 60343.69% — and 2023, when it sank 2709.43%.
  • A 5-year view of Consolidated Net Income shows it stood at -$135.7 million in 2022, then tumbled by 36.53% to -$185.2 million in 2023, then surged by 141.95% to $77.7 million in 2024, then tumbled by 207.37% to -$83.4 million in 2025, then declined by 6.19% to -$88.6 million in 2026.
  • According to Business Quant data, Consolidated Net Income over the past three periods registered -$88.6 million, -$83.4 million, and -$26.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 3.62 Bn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 3.44 Bn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 1.02 Bn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn -
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 748.00 Mn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 24.08 Mn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 450.00 Mn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 484.07 Mn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 143.46 Mn
10 Canaan 3.01 Bn 3.01 Bn -22.91 Mn -88.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -88.59 Mn
Dec 31, 2025 -83.43 Mn
Sep 30, 2025 -26.75 Mn
Jun 30, 2025 -9.51 Mn
Mar 31, 2025 -85.02 Mn
Dec 31, 2024 77.70 Mn
Sep 30, 2024 -89.00 Mn
Jun 30, 2024 -45.70 Mn
Mar 31, 2024 -37.79 Mn
Dec 31, 2023 -185.22 Mn
Sep 30, 2023 -120.99 Mn
Jun 30, 2023 -121.58 Mn
Mar 31, 2023 -89.05 Mn
Dec 31, 2022 -135.66 Mn
Sep 30, 2022 4.64 Mn
Jun 30, 2022 143.20 Mn
Mar 31, 2022 113.95 Mn
Dec 31, 2021 203.38 Mn
Sep 30, 2021 72.52 Mn
Jun 30, 2021 38.01 Mn