Canaan (CAN) Cost of Revenue (2018 - 2026)

Canaan (CAN) posted quarterly Cost of Revenue of $89000.0 for Q1 2026, up 17.11% YoY from $76000.0 in Q1 2025, and down 3.26% sequentially from $92000.0 in Q4 2025.

Canaan (CAN) Cost of Revenue (2018 - 2026) Analysis & Trends

Canaan has disclosed Cost of Revenue across 9 years of filings, most recently posting $89000.0 for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 17.11% year-over-year to $89000.0; the TTM figure through Mar 2026 stood at $352000.0 (up 6.34% YoY), while the FY2025 annual figure was $13.6 million, down 96.16% from the prior year.
  • Cost of Revenue declined to $89000.0 in Q1 2026, from $92000.0 in the prior quarter.
  • Over the last five years, Cost of Revenue for CAN reached as high as $67.0 billion in Q3 2023 and fell as low as $14000.0 in Q4 2023.
  • The 5-year median for Cost of Revenue is $92000.0 (2025), against an average of $11.4 billion.
  • Annual changes were most pronounced in 2023 — Cost of Revenue jumped 84180.42% — and 2024, when it sank 100.0%.
  • A 5-year view of Cost of Revenue shows it stood at $122.5 million in 2022, then tumbled by 99.99% to $14000.0 in 2023, then jumped by 921.43% to $143000.0 in 2024, then tumbled by 35.66% to $92000.0 in 2025, then fell by 3.26% to $89000.0 in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $89000.0, $92000.0, and $91000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 1.29 Bn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 36.06 Bn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 141.60 Mn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 1.66 Bn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 1.67 Bn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 347.86 Mn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 11.39 Bn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 9.22 Bn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 214.94 Mn
10 Canaan 3.01 Bn 3.01 Bn -22.91 Mn 89,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 89,000.00
Mar 31, 2026 89,000.00
Dec 31, 2025 92,000.00
Dec 31, 2025 92,000.00
Sep 30, 2025 91,000.00
Sep 30, 2025 91,000.00
Jun 30, 2025 80,000.00
Jun 30, 2025 80,000.00
Mar 31, 2025 76,000.00
Mar 31, 2025 76,000.00
Dec 31, 2024 143,000.00
Dec 31, 2024 143,000.00
Sep 30, 2024 53,000.00
Sep 30, 2024 53,000.00
Jun 30, 2024 59,000.00
Jun 30, 2024 59,000.00
Mar 31, 2024 57,000.00
Mar 31, 2024 57,000.00
Dec 31, 2023 14.00 Bn
Dec 31, 2023 14.00 Bn