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 | 279.74 Bn | 268.16 Bn | 7.78 Bn | 3.95 Bn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 1.27 Bn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 4.11 Bn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 864.00 Mn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 3.36 Bn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 33.87 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 493.00 Mn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 610.97 Mn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 275.58 Mn |
| 10 | Canaan | 1.81 Bn | 1.81 Bn | -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 |