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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 280.00 Bn | 268.42 Bn | 7.78 Bn | 36.06 Bn |
| 2 | Arista Networks | 236.48 Bn | 223.14 Bn | 1.91 Bn | 1.13 Bn |
| 3 | Sandisk | 219.05 Bn | 214.29 Bn | 7.58 Bn | 1.38 Bn |
| 4 | Seagate Technology Holdings | 173.77 Bn | 172.06 Bn | 1.90 Bn | 1.73 Bn |
| 5 | Western Digital | 148.61 Bn | 145.37 Bn | 1.68 Bn | 1.66 Bn |
| 6 | Everpure | 33.29 Bn | 31.79 Bn | 723.33 Mn | 329.56 Mn |
| 7 | Hp | 26.26 Bn | 22.56 Bn | 3.02 Bn | 11.39 Bn |
| 8 | Super Micro Computer | 21.11 Bn | 19.82 Bn | 1.02 Bn | 9.22 Bn |
| 9 | Logitech International | 13.96 Bn | 12.21 Bn | 607.94 Mn | 619.29 Mn |
| 10 | Canaan | 245.80 Mn | 245.80 Mn | -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 |