Canaan (CAN) Interest Expenses (2018 - 2026)
Canaan (CAN) posted quarterly Interest Expenses of -$929000.0 for Q1 2026, down 164.67% year-over-year from $1.4 million in Q1 2025, and down 12.33% quarter-over-quarter from -$827000.0 in Q4 2025.
Canaan (CAN) Interest Expenses (2018 - 2026) Analysis & Trends
Canaan (CAN) has reported Interest Expenses for 8 consecutive years, with -$929000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses fell 164.67% year-over-year to -$929000.0; the TTM figure through Mar 2026 stood at -$2.5 million (down 191.74% YoY), while the FY2025 annual figure was $171.0 million, up 36.05% from the prior year.
- Interest Expenses eased to -$929000.0 in Q1 2026 per CAN's latest filing, from -$827000.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $1.7 million in Q4 2022 and bottomed at -$929000.0 in Q1 2026.
- Historically, Interest Expenses has averaged -$192817.7 across 4 years, with a median of -$351000.0 in 2025.
- Annual changes were most pronounced in 2022 — Interest Expenses soared 4267.94% — and 2025, when it tumbled 2650.0%.
- Canaan's Interest Expenses stood at $1.7 million in 2022, then plunged by 115.47% to -$260000.0 in 2024, then sank by 218.08% to -$827000.0 in 2025, then slipped by 12.33% to -$929000.0 in 2026.
- Business Quant data shows CAN's Interest Expenses at -$929000.0 in Q1 2026, -$827000.0 in Q4 2025, and -$403000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 280.00 Bn | 268.42 Bn | 7.78 Bn | - |
| 2 | Arista Networks | 236.48 Bn | 223.14 Bn | 1.91 Bn | - |
| 3 | Sandisk | 219.05 Bn | 214.29 Bn | 7.58 Bn | 2.00 Mn |
| 4 | Seagate Technology Holdings | 173.77 Bn | 172.06 Bn | 1.90 Bn | 64.00 Mn |
| 5 | Western Digital | 148.61 Bn | 145.37 Bn | 1.68 Bn | 38.00 Mn |
| 6 | Everpure | 33.29 Bn | 31.79 Bn | 723.33 Mn | - |
| 7 | Hp | 26.26 Bn | 22.56 Bn | 3.02 Bn | - |
| 8 | Super Micro Computer | 21.11 Bn | 19.82 Bn | 1.02 Bn | 64.48 Mn |
| 9 | Logitech International | 13.96 Bn | 12.21 Bn | 607.94 Mn | - |
| 10 | Canaan | 245.80 Mn | 245.80 Mn | -22.91 Mn | -929,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -929,000.00 |
| Mar 31, 2026 | -929,000.00 |
| Dec 31, 2025 | -827,000.00 |
| Dec 31, 2025 | -827,000.00 |
| Sep 30, 2025 | -403,000.00 |
| Sep 30, 2025 | -403,000.00 |
| Jun 30, 2025 | -385,000.00 |
| Jun 30, 2025 | -385,000.00 |
| Mar 31, 2025 | -351,000.00 |
| Mar 31, 2025 | -351,000.00 |
| Dec 31, 2024 | -260,000.00 |
| Dec 31, 2024 | -260,000.00 |
| Sep 30, 2024 | -247,000.00 |
| Sep 30, 2024 | -247,000.00 |
| Jun 30, 2024 | -14,000.00 |
| Jun 30, 2024 | -14,000.00 |
| Dec 31, 2022 | 1.68 Mn |
| Dec 31, 2022 | 1.68 Mn |
| Dec 31, 2021 | 38,476.76 |
| Dec 31, 2021 | 38,476.76 |