Canaan (CAN) EBITDA (2018 - 2026)
Canaan (CAN) reported EBITDA of -$83.6 million for Q1 2026, up 4.48% year-over-year from -$80.0 million in Q1 2025, and little changed quarter-over-quarter from -$83.9 million in Q4 2025.
Canaan (CAN) EBITDA (2018 - 2026) Analysis & Trends
Canaan (CAN) has 9 years of EBITDA data on file, last reported at -$83.6 million in Q1 2026.
- EBITDA for Q1 2026 came in at -$83.6 million, up 4.48% year-over-year; the trailing twelve-month figure through Mar 2026 was -$205.5 million (up 32.93% YoY), and the FY2025 annual result was -$209.5 million, up 20.46% from the prior year.
- EBITDA steadied at -$83.6 million in Q1 2026 per CAN's latest filing, from -$83.9 million in the prior quarter.
- Over five years, EBITDA peaked at $71.7 million in Q1 2022 and troughed at -$139.3 million in Q4 2023.
- A 5-year average of -$55.5 million and a median of -$72.4 million in 2023 frame the typical range for EBITDA.
- The sharpest annual moves came in 2022 and 2023: EBITDA soared 13074.63% in 2022, then slumped 308.1% in 2023.
- A 5-year view of EBITDA shows it stood at -$83.0 million in 2022, then tumbled 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.
- Business Quant data shows CAN's EBITDA at -$83.6 million in Q1 2026, -$83.9 million in Q4 2025, and -$28.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (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 | -260.21 Mn |
| 10 | Canaan | 2.72 Bn | 2.64 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 |