Canaan (CAN) EBIT (2018 - 2026)
Canaan (CAN) reported EBIT of -$54.3 million for Q1 2026, down 44.34% year-over-year from -$97.6 million in Q1 2025, and down 129.95% quarter-over-quarter from -$23.6 million in Q4 2025.
Canaan (CAN) EBIT (2018 - 2026) Analysis & Trends
Canaan (CAN) has 9 years of EBIT data on file, last reported at -$54.3 million in Q1 2026.
- EBIT for Q1 2026 came in at -$54.3 million, down 44.34% year-over-year; the trailing twelve-month figure through Mar 2026 was -$128.9 million (up 34.47% YoY), and the FY2025 annual result was -$112.2 million, up 50.59% from the prior year.
- EBIT retreated to -$54.3 million in Q1 2026 per CAN's latest filing, from -$23.6 million in the prior quarter.
- Over five years, EBIT peaked at $100.0 million in Q2 2022 and troughed at -$125.0 million in Q4 2022.
- A 5-year average of -$44.0 million and a median of -$54.3 million in 2026 frame the typical range for EBIT.
- The sharpest annual moves came in 2022 and 2023: EBIT soared 4424.09% in 2022, then slumped 1052.42% in 2023.
- A 5-year view of EBIT shows it stood at -$125.0 million in 2022, then advanced by 25.36% to -$93.3 million in 2023, then surged by 40.34% to -$55.6 million in 2024, then surged by 57.55% to -$23.6 million in 2025, then slumped by 129.95% to -$54.3 million in 2026.
- Business Quant data shows CAN's EBIT at -$54.3 million in Q1 2026, -$23.6 million in Q4 2025, and -$23.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 3.09 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 4.11 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 1.16 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 998.00 Mn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 1.19 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 625.87 Mn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 87.20 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 612.00 Mn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -271.51 Mn |
| 10 | Canaan | 2.72 Bn | 2.64 Bn | -22.91 Mn | -54.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -54.31 Mn |
| Dec 31, 2025 | -23.62 Mn |
| Sep 30, 2025 | -23.91 Mn |
| Jun 30, 2025 | -27.07 Mn |
| Mar 31, 2025 | -37.63 Mn |
| Dec 31, 2024 | -55.64 Mn |
| Sep 30, 2024 | -56.84 Mn |
| Jun 30, 2024 | -46.60 Mn |
| Mar 31, 2024 | -68.05 Mn |
| Dec 31, 2023 | -93.27 Mn |
| Sep 30, 2023 | -112.85 Mn |
| Jun 30, 2023 | -119.10 Mn |
| Mar 31, 2023 | -85.67 Mn |
| Dec 31, 2022 | -124.96 Mn |
| Sep 30, 2022 | -9.79 Mn |
| Jun 30, 2022 | 99.97 Mn |
| Mar 31, 2022 | 91.17 Mn |
| Dec 31, 2021 | 190.38 Mn |
| Sep 30, 2021 | 71.90 Mn |
| Jun 30, 2021 | 25.61 Mn |