Canaan (CAN) EBIT Margin (2018 - 2026)

Canaan (CAN) posted quarterly EBIT Margin of 86.63% for Q1 2026, down 4118.0% year-over-year from 2.16% in Q1 2025, and down 619.91% quarter-over-quarter from 12.03% in Q4 2025.

Canaan (CAN) EBIT Margin (2018 - 2026) Analysis & Trends

Canaan (CAN) has reported EBIT Margin for 9 consecutive years, with 86.63% the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBIT Margin fell 4118.0% year-over-year to 86.63%; the TTM figure through Mar 2026 stood at 25.29% (up 3676.0% YoY), while the FY2025 annual figure was 21.19%, up 6315.0% from the prior year.
  • EBIT Margin slipped to 86.63% in Q1 2026 per CAN's latest filing, from 12.03% in the prior quarter.
  • Across five years, EBIT Margin topped out at 45.18% in Q1 2022 and bottomed at 338.68% in Q3 2023.
  • Historically, EBIT Margin has averaged 91.37% across 5 years, with a median of 64.85% in 2024.
  • Annual changes were most pronounced in 2023 — EBIT Margin slumped 33196 bps — and 2024, when it surged 26146 bps.
  • Canaan's EBIT Margin stood at 201.53% in 2022, then grew by 6 bps to 190.06% in 2023, then soared by 67 bps to 62.68% in 2024, then jumped by 81 bps to 12.03% in 2025, then sank by 620 bps to 86.63% in 2026.
  • Business Quant data shows CAN's EBIT Margin at 86.63% in Q1 2026, 12.03% in Q4 2025, and 15.89% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 8.34%
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 42.74%
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 69.09%
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 32.07%
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 35.66%
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 1.89%
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 4.25%
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn 6.11%
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 21.07%
10 Canaan 1.81 Bn 1.81 Bn -22.91 Mn -86.63%

Historic Data

Download Data
DateValue
Mar 31, 2026 -86.63%
Dec 31, 2025 -12.03%
Sep 30, 2025 -15.89%
Jun 30, 2025 -27.01%
Mar 31, 2025 -45.46%
Dec 31, 2024 -62.68%
Sep 30, 2024 -77.23%
Jun 30, 2024 -64.85%
Mar 31, 2024 -193.91%
Dec 31, 2023 -190.06%
Sep 30, 2023 -338.68%
Jun 30, 2023 -161.27%
Mar 31, 2023 -155.10%
Dec 31, 2022 -201.53%
Sep 30, 2022 -6.73%
Jun 30, 2022 40.66%
Mar 31, 2022 45.18%
Dec 31, 2021 55.54%
Sep 30, 2021 35.16%
Jun 30, 2021 15.30%