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
DateValue
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