Canaan (CAN) Gross Profit (2018 - 2026)

Canaan has disclosed Gross Profit across 9 years of filings, most recently posting -$22.9 million for Q1 2026.

• In Q1 2026, Gross Profit fell 3645.82% year-over-year to -$22.9 million; the TTM figure through Mar 2026 stood at $17.6 million (up 137.99% YoY), while the FY2025 annual figure was $41.2 million, up 148.81% from the prior year.
• Gross Profit retreated to -$22.9 million in Q1 2026, from $14.6 million in the prior quarter.
• Over the last five years, Gross Profit for CAN reached as high as $138.3 million in Q2 2022 and fell as low as -$70.1 million in Q2 2023.
• The 5-year median for Gross Profit is -$19.1 million (2024), against an average of -$4.5 million.
• Annual changes were most pronounced in 2025 — Gross Profit surged 329.58% — and 2026, when it plunged 3645.82%.
• 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 plunged by 257.07% to -$22.9 million in 2026.
• According to Business Quant data, Gross Profit over the past three periods registered -$22.9 million, $14.6 million, and $16.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.