Canaan CAN
NASDAQ CAN
$0.31 -0.04 (-11.38%)
As of: Sep 15, 2026 · 3:59 PM EDT

Canaan (CAN) Operating Expenses (2018 - 2026)

Canaan (CAN) posted Operating Expenses of -$40.1 million for Q2 2026, down 27.75% quarter-over-quarter from -$31.4 million in Q1 2026, and down 10.3% YoY from -$44.7 million in Q2 2025.

Analysis

Canaan (CAN) Operating Expenses (2018 - 2026) Analysis & Trends

Canaan (CAN) has 9 years of Operating Expenses data on file, last reported at -$40.1 million in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 10.3% year-over-year to -$40.1 million; the trailing twelve-month figure through Jun 2026 stood at -$150.3 million (up 5.65% YoY), and the FY2025 full-year result was -$153.4 million, down 7.41% from the prior year.
  • Operating Expenses was -$40.1 million for Q2 2026 at Canaan, down from -$31.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$27.5 million in Q2 2024 to a low of -$60.8 million in Q4 2022.
  • A 5-year average of -$40.3 million and a median of -$38.7 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses slumped 41.6% in 2022 and jumped 43.97% in 2024, its largest moves.
  • Canaan's Operating Expenses 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 slipped by 5.03% to -$40.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$40.1 million in Q2 2026, -$31.4 million in Q1 2026, and -$38.2 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nvidia 5,133.09 Bn 5,067.87 Bn 72.14 Bn 8.41 Bn
2 Broadcom 1,617.10 Bn 1,593.13 Bn 20.46 Bn 4.50 Bn
3 Advanced Micro Devices 823.64 Bn 810.53 Bn 6.20 Bn 4.21 Bn
4 Arm Holdings 255.67 Bn 251.79 Bn 1.25 Bn -1.16 Bn
5 Marvell Technology 198.91 Bn 194.98 Bn 1.46 Bn 995.90 Mn
6 Qualcomm 198.67 Bn 190.37 Bn 5.28 Bn 8.32 Bn
7 Monolithic Power Systems 56.10 Bn 54.68 Bn 541.07 Mn 237.18 Mn
8 Astera Labs 43.53 Bn 42.28 Bn 287.57 Mn 198.32 Mn
9 Credo Technology Group Holding 28.01 Bn 27.24 Bn 309.08 Mn 188.38 Mn
10 Canaan 143.86 Mn 77.86 Mn -29.33 Mn -40.12 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -40.12 Mn
Mar 31, 2026 -31.41 Mn
Dec 31, 2025 -38.20 Mn
Sep 30, 2025 -40.53 Mn
Jun 30, 2025 -36.38 Mn
Mar 31, 2025 -38.28 Mn
Dec 31, 2024 -49.29 Mn
Sep 30, 2024 -35.33 Mn
Jun 30, 2024 -27.47 Mn
Mar 31, 2024 -30.72 Mn
Dec 31, 2023 -39.20 Mn
Sep 30, 2023 -43.76 Mn
Jun 30, 2023 -49.03 Mn
Mar 31, 2023 -38.12 Mn
Dec 31, 2022 -60.82 Mn
Sep 30, 2022 -43.15 Mn
Jun 30, 2022 -45.35 Mn
Mar 31, 2022 -38.03 Mn
Dec 31, 2021 -42.95 Mn
Sep 30, 2021 -43.21 Mn