Growth Metrics

Canaan (CAN) Operating Expenses (2018 - 2025)

Canaan has reported Operating Expenses over the past 8 years, most recently at -$38.2 million for Q4 2025.

  • Quarterly Operating Expenses rose 22.49% to -$38.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was -$153.4 million through Dec 2025, down 7.41% year-over-year, with the annual reading at $153.4 million for FY2025, 7.41% up from the prior year.
  • Operating Expenses was -$38.2 million for Q4 2025 at Canaan, up from -$40.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$27.5 million in Q2 2024 and troughed at -$60.8 million in Q4 2022.
  • The 5-year median for Operating Expenses is -$39.9 million (2021), against an average of -$40.6 million.
  • Year-over-year, Operating Expenses crashed 360.44% in 2021 and then skyrocketed 43.97% in 2024.
  • A 5-year view of Operating Expenses shows it stood at -$43.0 million in 2021, then tumbled by 41.6% to -$60.8 million in 2022, then soared by 35.55% to -$39.2 million in 2023, then dropped by 25.74% to -$49.3 million in 2024, then grew by 22.49% to -$38.2 million in 2025.
  • Per Business Quant, the three most recent readings for CAN's Operating Expenses are -$38.2 million (Q4 2025), -$40.5 million (Q3 2025), and -$36.4 million (Q2 2025).