Canaan (CAN) EBITDA (2018 - 2026)
Canaan (CAN) posted quarterly EBITDA of -$83.6 million for Q1 2026, up 4.48% YoY from -$80.0 million in Q1 2025, and little changed sequentially from -$83.9 million in Q4 2025.
Canaan (CAN) EBITDA (2018 - 2026) Analysis & Trends
Canaan has disclosed EBITDA across 9 years of filings, most recently posting -$83.6 million for Q1 2026.
- In Q1 2026, EBITDA rose 4.48% year-over-year to -$83.6 million; the TTM figure through Mar 2026 stood at -$205.5 million (up 32.93% YoY), while the FY2025 annual figure was -$209.5 million, up 20.46% from the prior year.
- EBITDA held at -$83.6 million in Q1 2026, from -$83.9 million in the prior quarter.
- Over the last five years, EBITDA for CAN reached as high as $71.7 million in Q1 2022 and fell as low as -$139.3 million in Q4 2023.
- The 5-year median for EBITDA is -$72.4 million (2023), against an average of -$55.5 million.
- Annual changes were most pronounced in 2022 — EBITDA soared 13074.63% — and 2023, when it plunged 308.1%.
- A 5-year view of EBITDA shows it stood at -$83.0 million in 2022, then sank by 67.9% to -$139.3 million in 2023, then gained by 26.32% to -$102.6 million in 2024, then grew by 18.24% to -$83.9 million in 2025, then rose by 0.4% to -$83.6 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$83.6 million, -$83.9 million, and -$28.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 4.11 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 3.66 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 1.16 Bn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 1.19 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 998.00 Mn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 19.94 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 612.00 Mn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 625.87 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 135.80 Mn |
| 10 | Canaan | 3.01 Bn | 3.01 Bn | -22.91 Mn | -83.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -83.57 Mn |
| Dec 31, 2025 | -83.90 Mn |
| Sep 30, 2025 | -28.39 Mn |
| Jun 30, 2025 | -9.68 Mn |
| Mar 31, 2025 | -87.49 Mn |
| Dec 31, 2024 | -102.62 Mn |
| Sep 30, 2024 | -70.45 Mn |
| Jun 30, 2024 | -45.88 Mn |
| Mar 31, 2024 | -44.38 Mn |
| Dec 31, 2023 | -139.28 Mn |
| Sep 30, 2023 | -72.44 Mn |
| Jun 30, 2023 | -134.19 Mn |
| Mar 31, 2023 | -75.21 Mn |
| Dec 31, 2022 | -82.96 Mn |
| Sep 30, 2022 | -19.58 Mn |
| Jun 30, 2022 | 64.48 Mn |
| Mar 31, 2022 | 71.67 Mn |
| Dec 31, 2021 | 184.64 Mn |
| Sep 30, 2021 | 73.31 Mn |
| Jun 30, 2021 | 36.35 Mn |