Canaan (CAN) Gross Margin (2018 - 2026)

Canaan has disclosed Gross Margin across 9 years of filings, most recently posting 36.54% for Q1 2026.

• In Q1 2026, Gross Margin fell 3732.0% year-over-year to 36.54%; the TTM figure through Mar 2026 stood at 3.45% (up 1807.0% YoY), while the FY2025 annual figure was 7.77%, up 3908.0% from the prior year.
• Gross Margin fell to 36.54% in Q1 2026, from 7.43% in the prior quarter.
• Over the last five years, Gross Margin for CAN reached as high as 61.19% in Q1 2022 and fell as low as 207.36% in Q3 2023.
• The 5-year median for Gross Margin is 26.62% (2024), against an average of 38.0%.
• Annual changes were most pronounced in 2023 — Gross Margin tumbled 22978 bps — and 2024, when it jumped 17814 bps.
• A 5-year view of Gross Margin shows it stood at 109.99% in 2022, then dropped by 0 bps to 110.18% in 2023, then jumped by 94 bps to 7.16% in 2024, then jumped by 204 bps to 7.43% in 2025, then slumped by 592 bps to 36.54% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 36.54%, 7.43%, and 11.05% for Q1 2026, Q4 2025, and Q3 2025 respectively.