Canaan (CAN) Net Margin (2018 - 2026)
Canaan (CAN) posted quarterly Net Margin of 141.31% for Q1 2026, down 3859.0% year-over-year from 3.76% in Q1 2025, and down 232.45% quarter-over-quarter from 42.5% in Q4 2025.
Canaan (CAN) Net Margin (2018 - 2026) Analysis & Trends
Canaan (CAN) has reported Net Margin for 9 consecutive years, with 141.31% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 3859.0% year-over-year to 141.31%; the TTM figure through Mar 2026 stood at 40.87% (up 121.0% YoY), while the FY2025 annual figure was 39.38%, up 2879.0% from the prior year.
- Net Margin eased to 141.31% in Q1 2026 per CAN's latest filing, from 42.5% in the prior quarter.
- Across five years, Net Margin topped out at 87.53% in Q4 2024 and bottomed at 330.35% in Q4 2023.
- Historically, Net Margin has averaged 86.91% across 5 years, with a median of 102.71% in 2025.
- Annual changes were most pronounced in 2022 — Net Margin sank 24694 bps — and 2024, when it jumped 41789 bps.
- Canaan's Net Margin stood at 189.88% in 2022, then sank by 74 bps to 330.35% in 2023, then soared by 126 bps to 87.53% in 2024, then sank by 149 bps to 42.5% in 2025, then tumbled by 232 bps to 141.31% in 2026.
- Business Quant data shows CAN's Net Margin at 141.31% in Q1 2026, 42.5% in Q4 2025, and 17.78% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn | 7.84% |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 37.76% |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 60.76% |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 24.04% |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | - |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 2.29% |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 3.12% |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 4.73% |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 19.20% |
| 10 | Canaan | 1.81 Bn | 1.81 Bn | -22.91 Mn | -141.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -141.31% |
| Dec 31, 2025 | -42.50% |
| Sep 30, 2025 | -17.78% |
| Jun 30, 2025 | -9.49% |
| Mar 31, 2025 | -102.71% |
| Dec 31, 2024 | 87.53% |
| Sep 30, 2024 | -111.79% |
| Jun 30, 2024 | -60.94% |
| Mar 31, 2024 | -107.69% |
| Dec 31, 2023 | -330.35% |
| Sep 30, 2023 | -240.41% |
| Jun 30, 2023 | -157.24% |
| Mar 31, 2023 | -161.23% |
| Dec 31, 2022 | -189.88% |
| Sep 30, 2022 | 3.91% |
| Jun 30, 2022 | 47.89% |
| Mar 31, 2022 | 56.47% |
| Dec 31, 2021 | 57.06% |
| Sep 30, 2021 | 35.46% |
| Jun 30, 2021 | 22.71% |