Canaan (CAN) Free Cash Flow (2021 - 2024)
Canaan (CAN) reported 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 4 years of Free Cash Flow data on file, last reported at -$29.8 million in Q4 2024.
- Free Cash Flow for Q4 2024 came in at -$29.8 million, up 22.85% year-over-year; the trailing twelve-month figure through Sep 2025 was -$29.8 million (up 69.58% YoY), and the FY2025 annual result was -$295.8 million, down 35.35% from the prior year.
- Free Cash Flow climbed to -$29.8 million in Q4 2024 per CAN's latest filing, from -$59.2 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $162.8 million in Q4 2021 and troughed at -$179.4 million in Q4 2022.
- A 4-year average of -$30.2 million and a median of -$37.7 million in 2023 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow slumped 210.19% in 2022, then soared 78.49% in 2023.
- A 4-year view of Free Cash Flow shows it stood at $162.8 million in 2021, then tumbled by 210.19% to -$179.4 million in 2022, then soared by 78.49% to -$38.6 million in 2023, then climbed 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) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 3.95 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 2.99 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 1.64 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 1.33 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 978.00 Mn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | -6.62 Bn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 268.36 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 756.00 Mn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -159.39 Mn |
| 10 | Canaan | 2.72 Bn | 2.64 Bn | -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 | -179.36 Mn |
| Dec 31, 2022 | -179.36 Mn |
| Dec 31, 2021 | 162.77 Mn |
| Dec 31, 2021 | 162.77 Mn |