Canaan (CAN) Net Income (2018 - 2026)
Canaan (CAN) posted quarterly Net Income of -$88.6 million for Q1 2026, down 4.2% year-over-year from -$92.5 million in Q1 2025, and down 6.19% quarter-over-quarter from -$83.4 million in Q4 2025.
Canaan (CAN) Net Income (2018 - 2026) Analysis & Trends
Canaan (CAN) has reported Net Income for 9 consecutive years, with -$88.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 4.2% year-over-year to -$88.6 million; the TTM figure through Mar 2026 stood at -$208.3 million (down 56.13% YoY), while the FY2025 annual figure was -$210.3 million, down 14.52% from the prior year.
- Net Income slipped to -$88.6 million in Q1 2026 per CAN's latest filing, from -$83.4 million in the prior quarter.
- Across five years, Net Income topped out at $117.8 million in Q2 2022 and bottomed at -$162.1 million in Q4 2023.
- Historically, Net Income has averaged -$41.2 million across 5 years, with a median of -$80.1 million in 2023.
- On a YoY basis, Net Income climbed as much as 61347235.28% in 2022 and fell as far as 59072.64% in 2022.
- Canaan's Net Income stood at -$110.7 million in 2022, then slumped by 46.41% to -$162.1 million in 2023, then soared by 147.93% to $77.7 million in 2024, then slumped by 207.37% to -$83.4 million in 2025, then fell by 6.19% to -$88.6 million in 2026.
- Business Quant data shows CAN's Net Income at -$88.6 million in Q1 2026, -$83.4 million in Q4 2025, and -$26.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 278.57 Bn | 266.99 Bn | 7.78 Bn | 3.44 Bn |
| 2 | Arista Networks | 232.75 Bn | 220.40 Bn | 1.68 Bn | 1.02 Bn |
| 3 | Sandisk | 190.63 Bn | 186.89 Bn | 4.66 Bn | 3.62 Bn |
| 4 | Seagate Technology Holdings | 186.50 Bn | 185.35 Bn | 1.45 Bn | 748.00 Mn |
| 5 | Western Digital | 184.00 Bn | 180.76 Bn | 1.68 Bn | - |
| 6 | Everpure | 26.61 Bn | 25.11 Bn | 723.33 Mn | 24.08 Mn |
| 7 | Hp | 24.78 Bn | 21.08 Bn | 3.02 Bn | 450.00 Mn |
| 8 | Super Micro Computer | 17.22 Bn | 15.93 Bn | 1.02 Bn | 484.08 Mn |
| 9 | Logitech International | 16.90 Bn | 15.15 Bn | 607.94 Mn | 235.68 Mn |
| 10 | Canaan | 124.46 Mn | 124.46 Mn | -22.91 Mn | -88.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -88.59 Mn |
| Dec 31, 2025 | -83.43 Mn |
| Sep 30, 2025 | -26.75 Mn |
| Jun 30, 2025 | -9.51 Mn |
| Mar 31, 2025 | -85.02 Mn |
| Dec 31, 2024 | 77.70 Mn |
| Sep 30, 2024 | -82.29 Mn |
| Jun 30, 2024 | -43.79 Mn |
| Mar 31, 2024 | -37.79 Mn |
| Dec 31, 2023 | -162.12 Mn |
| Sep 30, 2023 | -80.10 Mn |
| Jun 30, 2023 | -116.13 Mn |
| Mar 31, 2023 | -89.05 Mn |
| Dec 31, 2022 | -110.73 Mn |
| Sep 30, 2022 | 5.69 Mn |
| Jun 30, 2022 | 117.77 Mn |
| Mar 31, 2022 | 113.95 Mn |
| Dec 31, 2021 | 187,763.00 |
| Sep 30, 2021 | 86,192.00 |
| Jun 30, 2021 | 37,940.00 |