Canaan (CAN) Gross Margin (2018 - 2026)

Canaan (CAN) has 9 years of Gross Margin data on file, last reported at 92.06% in Q2 2026.

• For the quarter ending Q2 2026, Gross Margin fell 10135.0% year-over-year to 92.06%; the trailing twelve-month figure through Jun 2026 stood at 4.77% (up 42.0% YoY), and the FY2025 full-year result was 9.95%, up 4772.0% from the prior year.
• Gross Margin was 92.06% for Q2 2026 at Canaan, down from 36.54% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 61.19% in Q1 2022 to a low of 207.36% in Q3 2023.
• A 5-year average of 41.0% and a median of 27.92% in 2024 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin plunged 22978 bps in 2023 and jumped 17814 bps in 2024, its largest moves.
• Canaan's Gross Margin 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 plunged by 1339 bps to 92.06% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 92.06% in Q2 2026, 36.54% in Q1 2026, and 7.43% in Q4 2025.