Canaan CAN
NASDAQ CAN
$0.31 -0.04 (-11.38%)
As of: Sep 15, 2026 · 3:59 PM EDT

Canaan (CAN) Gross Profit (2018 - 2026)

Canaan (CAN) posted Gross Profit of -$29.3 million for Q2 2026, down 28.06% quarter-over-quarter from -$22.9 million in Q1 2026, and down 415.21% YoY from $9.3 million in Q2 2025.

Analysis

Canaan (CAN) Gross Profit (2018 - 2026) Analysis & Trends

Canaan (CAN) has 9 years of Gross Profit data on file, last reported at -$29.3 million in Q2 2026.

  • For the quarter ending Q2 2026, Gross Profit fell 415.21% year-over-year to -$29.3 million; the trailing twelve-month figure through Jun 2026 stood at -$21.0 million (down 17.43% YoY), and the FY2025 full-year result was $41.2 million, up 148.81% from the prior year.
  • Gross Profit was -$29.3 million for Q2 2026 at Canaan, down from -$22.9 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $138.3 million in Q2 2022 to a low of -$70.1 million in Q2 2023.
  • A 5-year average of -$5.9 million and a median of -$20.3 million in 2024 frame the typical range for Gross Profit.
  • Across the five-year window, Gross Profit surged 329.58% in 2025 and sank 3645.82% in 2026, its largest moves.
  • Canaan's Gross Profit stood at -$64.1 million in 2022, then gained by 15.7% to -$54.1 million in 2023, then jumped by 88.25% to -$6.4 million in 2024, then surged by 329.58% to $14.6 million in 2025, then slumped by 301.15% to -$29.3 million in 2026.
  • Per Business Quant data, the three most recent Gross Profit figures were -$29.3 million in Q2 2026, -$22.9 million in Q1 2026, and $14.6 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Nvidia 5,133.09 Bn 5,067.87 Bn 72.14 Bn
2 Broadcom 1,617.10 Bn 1,593.13 Bn 20.46 Bn
3 Advanced Micro Devices 823.64 Bn 810.53 Bn 6.20 Bn
4 Arm Holdings 255.67 Bn 251.79 Bn 1.25 Bn
5 Marvell Technology 198.91 Bn 194.98 Bn 1.46 Bn
6 Qualcomm 198.67 Bn 190.37 Bn 5.28 Bn
7 Monolithic Power Systems 56.10 Bn 54.68 Bn 541.07 Mn
8 Astera Labs 43.53 Bn 42.28 Bn 287.57 Mn
9 Credo Technology Group Holding 28.01 Bn 27.24 Bn 309.08 Mn
10 Canaan 143.86 Mn 77.86 Mn -29.33 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -29.33 Mn
Mar 31, 2026 -22.91 Mn
Dec 31, 2025 14.58 Mn
Sep 30, 2025 16.62 Mn
Jun 30, 2025 9.31 Mn
Mar 31, 2025 646,000.00
Dec 31, 2024 -6.35 Mn
Sep 30, 2024 -21.51 Mn
Jun 30, 2024 -19.13 Mn
Mar 31, 2024 -37.33 Mn
Dec 31, 2023 -54.07 Mn
Sep 30, 2023 -69.09 Mn
Jun 30, 2023 -70.08 Mn
Mar 31, 2023 -47.55 Mn
Dec 31, 2022 -64.14 Mn
Sep 30, 2022 32.63 Mn
Jun 30, 2022 138.33 Mn
Mar 31, 2022 123.46 Mn
Dec 31, 2021 233.33 Mn
Sep 30, 2021 115.11 Mn