Canaan (CAN) EBIT (2018 - 2026)

Canaan (CAN) has reported EBIT for 9 consecutive years, with -$54.3 million the latest figure, recorded in Q1 2026.

• In Q1 2026, EBIT fell 44.34% year-over-year to -$54.3 million; the TTM figure through Mar 2026 stood at -$128.9 million (up 34.47% YoY), while the FY2025 annual figure was -$112.2 million, up 50.59% from the prior year.
• EBIT declined to -$54.3 million in Q1 2026 per CAN's latest filing, from -$23.6 million in the prior quarter.
• Across five years, EBIT topped out at $100.0 million in Q2 2022 and bottomed at -$119.1 million in Q2 2023.
• Historically, EBIT has averaged -$43.6 million across 5 years, with a median of -$54.3 million in 2026.
• Annual changes were most pronounced in 2022 — EBIT surged 4470.56% — and 2023, when it slumped 1052.42%.
• Canaan's EBIT stood at -$117.5 million in 2022, then advanced by 20.64% to -$93.3 million in 2023, then soared by 40.34% to -$55.6 million in 2024, then soared by 57.55% to -$23.6 million in 2025, then tumbled 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.