Canaan (CAN) Gross Profit (2018 - 2026)
Canaan (CAN) reported Gross Profit of -$22.9 million for Q1 2026, down 3645.82% year-over-year from $646000.0 in Q1 2025, and down 257.07% quarter-over-quarter from $14.6 million in Q4 2025.
Canaan (CAN) Gross Profit (2018 - 2026) Analysis & Trends
Canaan (CAN) has 9 years of Gross Profit data on file, last reported at -$22.9 million in Q1 2026.
- Gross Profit for Q1 2026 came in at -$22.9 million, down 3645.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $17.6 million (up 137.99% YoY), and the FY2025 annual result was $41.2 million, up 148.81% from the prior year.
- Gross Profit declined to -$22.9 million in Q1 2026 per CAN's latest filing, from $14.6 million in the prior quarter.
- Over five years, Gross Profit peaked at $138.3 million in Q2 2022 and troughed at -$70.1 million in Q2 2023.
- A 5-year average of -$4.5 million and a median of -$19.1 million in 2024 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2025 and 2026: Gross Profit surged 329.58% in 2025, then slumped 3645.82% in 2026.
- A 5-year view of Gross Profit shows it 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 257.07% to -$22.9 million in 2026.
- Business Quant data shows CAN's Gross Profit at -$22.9 million in Q1 2026, $14.6 million in Q4 2025, and $16.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn |
| 10 | Canaan | 2.72 Bn | 2.64 Bn | -22.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -22.91 Mn |
| Mar 31, 2026 | -22.91 Mn |
| Dec 31, 2025 | 14.58 Mn |
| Dec 31, 2025 | 14.58 Mn |
| Sep 30, 2025 | 16.62 Mn |
| Sep 30, 2025 | 16.62 Mn |
| Jun 30, 2025 | 9.31 Mn |
| Jun 30, 2025 | 9.31 Mn |
| Mar 31, 2025 | 646,000.00 |
| Mar 31, 2025 | 646,000.00 |
| Dec 31, 2024 | -6.35 Mn |
| Dec 31, 2024 | -6.35 Mn |
| Sep 30, 2024 | -21.51 Mn |
| Sep 30, 2024 | -21.51 Mn |
| Jun 30, 2024 | -19.13 Mn |
| Jun 30, 2024 | -19.13 Mn |
| Mar 31, 2024 | -37.33 Mn |
| Mar 31, 2024 | -37.33 Mn |
| Dec 31, 2023 | -54.07 Mn |
| Dec 31, 2023 | -54.07 Mn |