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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |