Canaan (CAN) Operating Expenses (2018 - 2026)

Canaan has disclosed Operating Expenses across 9 years of filings, most recently posting -$31.4 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 17.94% year-over-year to -$31.4 million; the TTM figure through Mar 2026 stood at -$146.5 million (up 2.56% YoY), while the FY2025 annual figure was $153.4 million, up 7.41% from the prior year.
• Operating Expenses grew to -$31.4 million in Q1 2026, from -$38.2 million in the prior quarter.
• Over the last five years, Operating Expenses for CAN reached as high as -$27.5 million in Q2 2024 and fell as low as -$60.8 million in Q4 2022.
• The 5-year median for Operating Expenses is -$38.3 million (2025), against an average of -$40.3 million.
• Annual changes were most pronounced in 2022 — Operating Expenses sank 41.6% — and 2024, when it jumped 43.97%.
• A 5-year view of Operating Expenses shows it stood at -$60.8 million in 2022, then soared by 35.55% to -$39.2 million in 2023, then retreated by 25.74% to -$49.3 million in 2024, then gained by 22.49% to -$38.2 million in 2025, then advanced by 17.79% to -$31.4 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered -$31.4 million, -$38.2 million, and -$40.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.