Canaan (CAN) Interest Expenses (2019 - 2026)
Canaan (CAN) posted quarterly Interest Expenses of -$929000.0 for Q1 2026, down 164.67% YoY from $1.4 million in Q1 2025, and down 12.33% sequentially from -$827000.0 in Q4 2025.
Canaan (CAN) Interest Expenses (2019 - 2026) Analysis & Trends
Canaan has disclosed Interest Expenses across 6 years of filings, most recently posting -$929000.0 for 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 $2.0 million, up 277.35% from the prior year.
- Interest Expenses slipped to -$929000.0 in Q1 2026, from -$827000.0 in the prior quarter.
- Over the last five years, Interest Expenses for CAN reached as high as -$14000.0 in Q2 2024 and fell as low as -$929000.0 in Q1 2026.
- The 3-year median for Interest Expenses is -$368000.0 (2025), against an average of -$427000.0.
- The widest YoY moves for Interest Expenses: up 63.16% in 2025, down 2650.0% in 2025.
- A 3-year view of Interest Expenses shows it stood at -$260000.0 in 2024, then slumped by 218.08% to -$827000.0 in 2025, then decreased by 12.33% to -$929000.0 in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered -$929000.0, -$827000.0, and -$403000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 6.00 Mn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | - |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | - |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 38.00 Mn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 68.00 Mn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | - |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | - |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 64.48 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | - |
| 10 | Canaan | 3.01 Bn | 3.01 Bn | -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, 2021 | 39,000.00 |
| Dec 31, 2021 | 39,000.00 |
| Jun 30, 2021 | -2,000.00 |
| Jun 30, 2021 | -2,000.00 |