Canaan (CAN) Cost of Revenue (2018 - 2026)
Canaan (CAN) posted quarterly Cost of Revenue of $89000.0 for Q1 2026, up 17.11% year-over-year from $76000.0 in Q1 2025, and down 3.26% quarter-over-quarter from $92000.0 in Q4 2025.
Canaan (CAN) Cost of Revenue (2018 - 2026) Analysis & Trends
Canaan (CAN) has reported Cost of Revenue for 9 consecutive years, with $89000.0 the latest figure, recorded in 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 $2.3 million, down 99.35% from the prior year.
- Cost of Revenue fell to $89000.0 in Q1 2026 per CAN's latest filing, from $92000.0 in the prior quarter.
- Across five years, Cost of Revenue topped out at $67.0 billion in Q3 2023 and bottomed at $14000.0 in Q4 2023.
- Historically, Cost of Revenue has averaged $11.4 billion across 5 years, with a median of $92000.0 in 2025.
- Annual changes were most pronounced in 2023 — Cost of Revenue jumped 84180.42% — and 2024, when it tumbled 100.0%.
- Canaan's Cost of Revenue stood at $122.5 million in 2022, then slumped by 99.99% to $14000.0 in 2023, then surged by 921.43% to $143000.0 in 2024, then slumped by 35.66% to $92000.0 in 2025, then retreated by 3.26% to $89000.0 in 2026.
- Business Quant data shows CAN's Cost of Revenue at $89000.0 in Q1 2026, $92000.0 in Q4 2025, and $91000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn | 36.06 Bn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 1.03 Bn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 1.29 Bn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 1.67 Bn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 1.66 Bn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 329.56 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 11.39 Bn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 9.22 Bn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 619.29 Mn |
| 10 | Canaan | 1.81 Bn | 1.81 Bn | -22.91 Mn | 89,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 14,000.00 |
| Dec 31, 2023 | 14,000.00 |