Canaan (CAN) Free Cash Flow (2021 - 2024)
Canaan (CAN) posted quarterly Free Cash Flow of -$29.8 million for Q4 2024, up 22.85% year-over-year from -$24.2 million in Q1 2024, and up 49.77% quarter-over-quarter from -$59.2 million in Q3 2024.
Canaan (CAN) Free Cash Flow (2021 - 2024) Analysis & Trends
Canaan (CAN) has reported Free Cash Flow for 4 consecutive years, with -$29.8 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Free Cash Flow rose 22.85% year-over-year to -$29.8 million; the TTM figure through Sep 2025 stood at -$29.8 million (up 69.58% YoY), while the FY2025 annual figure was -$295.8 million, down 35.35% from the prior year.
- Free Cash Flow grew to -$29.8 million in Q4 2024 per CAN's latest filing, from -$59.2 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $162.8 million in Q4 2021 and bottomed at -$168.0 million in Q4 2022.
- Historically, Free Cash Flow has averaged -$28.3 million across 4 years, with a median of -$37.7 million in 2023.
- Annual changes were most pronounced in 2022 — Free Cash Flow sank 203.19% — and 2023, when it soared 77.03%.
- Canaan's Free Cash Flow stood at $162.8 million in 2021, then tumbled by 203.19% to -$168.0 million in 2022, then jumped by 77.03% to -$38.6 million in 2023, then grew by 22.85% to -$29.8 million in 2024.
- Business Quant data shows CAN's Free Cash Flow at -$29.8 million in Q4 2024, -$59.2 million in Q3 2024, and -$38.6 million in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 278.57 Bn | 266.99 Bn | 7.78 Bn | 3.12 Bn |
| 2 | Arista Networks | 232.75 Bn | 220.40 Bn | 1.68 Bn | 1.64 Bn |
| 3 | Sandisk | 190.63 Bn | 186.89 Bn | 4.66 Bn | 2.99 Bn |
| 4 | Seagate Technology Holdings | 186.50 Bn | 185.35 Bn | 1.45 Bn | 1.33 Bn |
| 5 | Western Digital | 184.00 Bn | 180.76 Bn | 1.68 Bn | 978.00 Mn |
| 6 | Everpure | 26.61 Bn | 25.11 Bn | 723.33 Mn | 157.09 Mn |
| 7 | Hp | 24.78 Bn | 21.08 Bn | 3.02 Bn | 756.00 Mn |
| 8 | Super Micro Computer | 17.22 Bn | 15.93 Bn | 1.02 Bn | -6.62 Bn |
| 9 | Logitech International | 16.90 Bn | 15.15 Bn | 607.94 Mn | 149.91 Mn |
| 10 | Canaan | 124.46 Mn | 124.46 Mn | -22.91 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -29.76 Mn |
| Dec 31, 2024 | -29.76 Mn |
| Sep 30, 2024 | -59.24 Mn |
| Sep 30, 2024 | -59.24 Mn |
| Dec 31, 2023 | -38.57 Mn |
| Dec 31, 2023 | -38.57 Mn |
| Sep 30, 2023 | -36.82 Mn |
| Sep 30, 2023 | -36.82 Mn |
| Dec 31, 2022 | -167.96 Mn |
| Dec 31, 2022 | -167.96 Mn |
| Dec 31, 2021 | 162.77 Mn |
| Dec 31, 2021 | 162.77 Mn |