Growth Metrics

Canaan (CAN) Gross Margin (2018 - 2025)

Canaan has reported Gross Margin over the past 8 years, most recently at 7.43% for Q4 2025.

  • Quarterly Gross Margin rose 1459.0% to 7.43% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 7.77% through Dec 2025, up 3908.0% year-over-year, with the annual reading at 7.77% for FY2025, 3908.0% up from the prior year.
  • Gross Margin was 7.43% for Q4 2025 at Canaan, down from 11.05% in the prior quarter.
  • Over five years, Gross Margin peaked at 68.07% in Q4 2021 and troughed at 207.36% in Q3 2023.
  • The 5-year median for Gross Margin is 4.11% (2025), against an average of 19.87%.
  • Year-over-year, Gross Margin crashed -22978bps in 2023 and then skyrocketed 17814bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 68.07% in 2021, then plummeted by -262bps to 109.99% in 2022, then dropped by 0bps to 110.18% in 2023, then skyrocketed by 94bps to 7.16% in 2024, then skyrocketed by 204bps to 7.43% in 2025.
  • Per Business Quant, the three most recent readings for CAN's Gross Margin are 7.43% (Q4 2025), 11.05% (Q3 2025), and 9.29% (Q2 2025).