Canaan (CAN) EBT (2018 - 2026)
Canaan (CAN) posted quarterly EBT of -$88.8 million for Q1 2026, down 3.56% year-over-year from -$92.1 million in Q1 2025, and down 5.4% quarter-over-quarter from -$84.2 million in Q4 2025.
Canaan (CAN) EBT (2018 - 2026) Analysis & Trends
Canaan (CAN) has reported EBT for 9 consecutive years, with -$88.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT fell 3.56% year-over-year to -$88.8 million; the TTM figure through Mar 2026 stood at -$210.5 million (up 4.04% YoY), while the FY2025 annual figure was -$207.5 million, down 20.44% from the prior year.
- EBT declined to -$88.8 million in Q1 2026 per CAN's latest filing, from -$84.2 million in the prior quarter.
- Across five years, EBT topped out at $115.0 million in Q2 2022 and bottomed at -$162.1 million in Q4 2023.
- Historically, EBT has averaged -$49.7 million across 5 years, with a median of -$82.3 million in 2024.
- Annual changes were most pronounced in 2022 — EBT jumped 46409.73% — and 2023, when it tumbled 2018.82%.
- Canaan's EBT stood at -$118.0 million in 2022, then plunged by 37.4% to -$162.1 million in 2023, then jumped by 95.31% to -$7.6 million in 2024, then sank by 1008.14% to -$84.2 million in 2025, then declined by 5.4% to -$88.8 million in 2026.
- Business Quant data shows CAN's EBT at -$88.8 million in Q1 2026, -$84.2 million in Q4 2025, and -$27.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 280.00 Bn | 268.42 Bn | 7.78 Bn | 3.95 Bn |
| 2 | Arista Networks | 236.48 Bn | 223.14 Bn | 1.91 Bn | 1.50 Bn |
| 3 | Sandisk | 219.05 Bn | 214.29 Bn | 7.58 Bn | 7.85 Bn |
| 4 | Seagate Technology Holdings | 173.77 Bn | 172.06 Bn | 1.90 Bn | 1.51 Bn |
| 5 | Western Digital | 148.61 Bn | 145.37 Bn | 1.68 Bn | 3.36 Bn |
| 6 | Everpure | 33.29 Bn | 31.79 Bn | 723.33 Mn | 33.87 Mn |
| 7 | Hp | 26.26 Bn | 22.56 Bn | 3.02 Bn | 493.00 Mn |
| 8 | Super Micro Computer | 21.11 Bn | 19.82 Bn | 1.02 Bn | 610.97 Mn |
| 9 | Logitech International | 13.96 Bn | 12.21 Bn | 607.94 Mn | 275.58 Mn |
| 10 | Canaan | 245.80 Mn | 245.80 Mn | -22.91 Mn | -88.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -88.78 Mn |
| Dec 31, 2025 | -84.23 Mn |
| Sep 30, 2025 | -27.25 Mn |
| Jun 30, 2025 | -10.29 Mn |
| Mar 31, 2025 | -85.73 Mn |
| Dec 31, 2024 | -7.60 Mn |
| Sep 30, 2024 | -82.29 Mn |
| Jun 30, 2024 | -43.79 Mn |
| Mar 31, 2024 | -38.59 Mn |
| Dec 31, 2023 | -162.12 Mn |
| Sep 30, 2023 | -100.55 Mn |
| Jun 30, 2023 | -116.13 Mn |
| Mar 31, 2023 | -86.71 Mn |
| Dec 31, 2022 | -117.99 Mn |
| Sep 30, 2022 | 5.24 Mn |
| Jun 30, 2022 | 115.04 Mn |
| Mar 31, 2022 | 86.04 Mn |
| Dec 31, 2021 | 195.57 Mn |
| Sep 30, 2021 | 72.52 Mn |
| Jun 30, 2021 | 37.99 Mn |