Canaan CAN
NASDAQ CAN
$0.36 +0.00 (+0.73%)
As of: Aug 24, 2026 · 3:59 PM EDT

Canaan (CAN) Exchange Rate Effect (2021 - 2024)

Canaan (CAN) posted quarterly Exchange Rate Effect of $7.2 million for Q4 2024, up 237.53% year-over-year from $2.1 million in Q1 2024, and up 68.48% quarter-over-quarter from $4.2 million in Q3 2024.

Canaan (CAN) Exchange Rate Effect (2021 - 2024) Analysis & Trends

Canaan (CAN) has reported Exchange Rate Effect for 4 consecutive years, with $7.2 million the latest figure, recorded in Q4 2024.

  • In Q4 2024, Exchange Rate Effect rose 237.53% year-over-year to $7.2 million; the TTM figure through Dec 2024 stood at $12.4 million (up 156.91% YoY), while the FY2025 annual figure was $897000.0, up 179.8% from the prior year.
  • Exchange Rate Effect improved to $7.2 million in Q4 2024 per CAN's latest filing, from $4.2 million in the prior quarter.
  • Across five years, Exchange Rate Effect topped out at $7.2 million in Q4 2024 and bottomed at -$19.8 million in Q4 2022.
  • Historically, Exchange Rate Effect has averaged -$1.7 million across 4 years, with a median of $663994.7 in 2021.
  • Annual changes were most pronounced in 2022 — Exchange Rate Effect sank 578.33% — and 2024, when it jumped 237.53%.
  • Canaan's Exchange Rate Effect stood at -$2.9 million in 2021, then tumbled by 578.33% to -$19.8 million in 2022, then surged by 73.73% to -$5.2 million in 2023, then surged by 237.53% to $7.2 million in 2024.
  • Business Quant data shows CAN's Exchange Rate Effect at $7.2 million in Q4 2024, $4.2 million in Q3 2024, and -$5.2 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Exchange Rate Effect (Qtr)
1 Dell Technologies 280.00 Bn 268.42 Bn 7.78 Bn -13.00 Mn
2 Arista Networks 236.48 Bn 223.14 Bn 1.91 Bn -1.00 Mn
3 Sandisk 219.05 Bn 214.29 Bn 7.58 Bn -
4 Seagate Technology Holdings 173.77 Bn 172.06 Bn 1.90 Bn -
5 Western Digital 148.61 Bn 145.37 Bn 1.68 Bn -1.00 Mn
6 Everpure 33.29 Bn 31.79 Bn 723.33 Mn -
7 Hp 26.26 Bn 22.56 Bn 3.02 Bn -
8 Super Micro Computer 21.11 Bn 19.82 Bn 1.02 Bn -393,000.00
9 Logitech International 13.96 Bn 12.21 Bn 607.94 Mn -775,000.00
10 Canaan 245.80 Mn 245.80 Mn -22.91 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2024 7.16 Mn
Dec 31, 2024 7.16 Mn
Sep 30, 2024 4.25 Mn
Sep 30, 2024 4.25 Mn
Dec 31, 2023 -5.20 Mn
Dec 31, 2023 -5.20 Mn
Sep 30, 2023 6.18 Mn
Sep 30, 2023 6.18 Mn
Dec 31, 2022 -19.81 Mn
Dec 31, 2022 -19.81 Mn
Dec 31, 2021 -2.92 Mn
Dec 31, 2021 -2.92 Mn