Canaan (CAN) Free Cash Flow (2021 - 2024)
Canaan (CAN) posted Free Cash Flow of -$34.2 million for Q4 2024, up 40.77% quarter-over-quarter from -$57.7 million in Q3 2024, and up 19.85% YoY from -$28.5 million in Q1 2024.
Analysis
Canaan (CAN) Free Cash Flow (2021 - 2024) Analysis & Trends
Canaan (CAN) has 4 years of Free Cash Flow data on file, last reported at -$34.2 million in Q4 2024.
- For the quarter ending Q4 2024, Free Cash Flow rose 19.85% year-over-year to -$34.2 million; the trailing twelve-month figure through Dec 2024 stood at -$171.3 million (down 129.54% YoY), and the FY2025 full-year result was -$271.2 million, down 36.11% from the prior year.
- Free Cash Flow was -$34.2 million for Q4 2024 at Canaan, up from -$57.7 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $168.7 million in Q4 2021 to a low of -$164.0 million in Q4 2022.
- A 4-year average of -$27.8 million and a median of -$39.7 million in 2023 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow sank 197.19% in 2022 and soared 73.99% in 2023, its largest moves.
- Canaan's Free Cash Flow stood at $168.7 million in 2021, then sank by 197.19% to -$164.0 million in 2022, then surged by 73.99% to -$42.7 million in 2023, then advanced by 19.85% to -$34.2 million in 2024.
- Per Business Quant data, the three most recent Free Cash Flow figures were -$34.2 million in Q4 2024, -$57.7 million in Q3 2024, and -$42.7 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,133.09 Bn | 5,067.87 Bn | 72.14 Bn | 21.40 Bn |
| 2 | Broadcom | 1,617.10 Bn | 1,593.13 Bn | 20.46 Bn | 13.67 Bn |
| 3 | Advanced Micro Devices | 823.64 Bn | 810.53 Bn | 6.20 Bn | 1.56 Bn |
| 4 | Arm Holdings | 255.67 Bn | 251.79 Bn | 1.25 Bn | 1.10 Bn |
| 5 | Marvell Technology | 198.91 Bn | 194.98 Bn | 1.46 Bn | 478.80 Mn |
| 6 | Qualcomm | 198.67 Bn | 190.37 Bn | 5.28 Bn | 495.00 Mn |
| 7 | Monolithic Power Systems | 56.10 Bn | 54.68 Bn | 541.07 Mn | 145.48 Mn |
| 8 | Astera Labs | 43.53 Bn | 42.28 Bn | 287.57 Mn | 67.21 Mn |
| 9 | Credo Technology Group Holding | 28.01 Bn | 27.24 Bn | 309.08 Mn | 80.12 Mn |
| 10 | Canaan | 143.86 Mn | 77.86 Mn | -29.33 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -34.19 Mn |
| Sep 30, 2024 | -57.73 Mn |
| Dec 31, 2023 | -42.66 Mn |
| Sep 30, 2023 | -36.70 Mn |
| Dec 31, 2022 | -164.00 Mn |
| Dec 31, 2021 | 168.74 Mn |