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 | 279.74 Bn | 268.16 Bn | 7.78 Bn | 391.00 Mn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 19.50 Mn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 308.00 Mn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 70.00 Mn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 165.00 Mn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 271.45 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 650.00 Mn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 88.26 Mn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 34.96 Mn |
| 10 | Canaan | 1.81 Bn | 1.81 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, 2022 | 1.68 Mn |
| Dec 31, 2022 | 1.68 Mn |
| Dec 31, 2021 | 38,476.76 |
| Dec 31, 2021 | 38,476.76 |