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
DateValue
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