Canaan (CAN) Gross Margin (2018 - 2026)
Canaan (CAN) posted Gross Margin of -92.06% for the quarter ended Jun 30, 2026, down 101.35 percentage points from 9.29% a year earlier and down 55.53 percentage points from the prior quarter.
Canaan (CAN) Gross Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Canaan was -4.77%, up 0.42 percentage points year-over-year; for the year ended Dec 31, 2025, it was 9.95%, up 47.72 percentage points from the prior year.
- Annual Gross Margin shows a five-year change of +1.51 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Canaan's Gross Margin was -37.77% in the year ended Dec 31, 2024 (+98.34 pp), -136.11% in the year ended Dec 31, 2023 (-173.32 pp), 37.21% in the year ended Dec 31, 2022 (-20.30 pp) and 57.51% in the year ended Dec 31, 2021 (+49.07 pp).
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly Gross Margin since the quarter ended Mar 31, 2024.
- On a year-over-year basis, Gross Margin increased in six of the last eight quarters, with an average year-over-year change of +42.55 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was the quarter ended Sep 30, 2024, with a gain of 178.14 percentage points; the weakest was the quarter ended Sep 30, 2023, with a drop of 229.78 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was -36.54% (quarter ended Mar 31, 2026), 7.43% (quarter ended Dec 31, 2025) and 11.05% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,276.08 Bn | 5,050.24 Bn | 72.14 Bn | 74.98% |
| 2 | Taiwan Semiconductor Manufacturing | 2,267.33 Bn | 1,892.19 Bn | 27.22 Bn | 67.72% |
| 3 | Broadcom | 1,632.21 Bn | 1,558.26 Bn | 20.46 Bn | 69.13% |
| 4 | Micron Technology | 1,047.49 Bn | 953.13 Bn | 47.05 Bn | 86.76% |
| 5 | Advanced Micro Devices | 914.36 Bn | 871.11 Bn | 6.20 Bn | 53.77% |
| 6 | Asml Holding | 635.50 Bn | 591.18 Bn | 5.90 Bn | 51.98% |
| 7 | Intel | 478.83 Bn | 347.96 Bn | 6.51 Bn | 40.36% |
| 8 | Applied Materials | 314.54 Bn | 279.99 Bn | 4.59 Bn | 50.31% |
| 9 | Lam Research | 301.55 Bn | 277.60 Bn | 4.30 Bn | 52.30% |
| 10 | Canaan | 106.53 Mn | -202.91 Mn | -29.33 Mn | -92.06% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -92.06% |
| Mar 31, 2026 | -36.54% |
| Dec 31, 2025 | 7.43% |
| Sep 30, 2025 | 11.05% |
| Jun 30, 2025 | 9.29% |
| Mar 31, 2025 | 0.78% |
| Dec 31, 2024 | -7.16% |
| Sep 30, 2024 | -29.22% |
| Jun 30, 2024 | -26.62% |
| Mar 31, 2024 | -106.37% |
| Dec 31, 2023 | -110.18% |
| Sep 30, 2023 | -207.36% |
| Jun 30, 2023 | -94.88% |
| Mar 31, 2023 | -86.08% |
| Dec 31, 2022 | -109.99% |
| Sep 30, 2022 | 22.42% |
| Jun 30, 2022 | 56.26% |
| Mar 31, 2022 | 61.19% |
| Dec 31, 2021 | 68.07% |
| Sep 30, 2021 | 56.29% |
Canaan Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();