Canaan (CAN) Operating Income (2018 - 2026)
Canaan (CAN) posted Operating Income of -$69.5 million for Q2 2026, down 27.88% quarter-over-quarter from -$54.3 million in Q1 2026, and down 156.58% YoY from $122.8 million in Q2 2025.
Analysis
Canaan (CAN) Operating Income (2018 - 2026) Analysis & Trends
Canaan (CAN) has 9 years of Operating Income data on file, last reported at -$69.5 million in Q2 2026.
- For the quarter ending Q2 2026, Operating Income fell 156.58% year-over-year to -$69.5 million; the trailing twelve-month figure through Jun 2026 stood at -$171.3 million (up 3.32% YoY), and the FY2025 full-year result was -$112.2 million, up 50.59% from the prior year.
- Operating Income was -$69.5 million for Q2 2026 at Canaan, down from -$54.3 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $93.0 million in Q2 2022 to a low of -$125.0 million in Q4 2022.
- A 5-year average of -$46.2 million and a median of -$55.0 million in 2024 frame the typical range for Operating Income.
- Across the five-year window, Operating Income jumped 4195.3% in 2022 and slumped 973.6% in 2023, its largest moves.
- Canaan's Operating Income stood at -$125.0 million in 2022, then advanced by 25.36% to -$93.3 million in 2023, then surged by 40.34% to -$55.6 million in 2024, then surged by 57.55% to -$23.6 million in 2025, then slumped by 194.06% to -$69.5 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$69.5 million in Q2 2026, -$54.3 million in Q1 2026, and -$23.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,133.09 Bn | 5,067.87 Bn | 72.14 Bn | 63.73 Bn |
| 2 | Broadcom | 1,617.10 Bn | 1,593.13 Bn | 20.46 Bn | 15.96 Bn |
| 3 | Advanced Micro Devices | 823.64 Bn | 810.53 Bn | 6.20 Bn | 1.99 Bn |
| 4 | Arm Holdings | 255.67 Bn | 251.79 Bn | 1.25 Bn | 91.00 Mn |
| 5 | Marvell Technology | 198.91 Bn | 194.98 Bn | 1.46 Bn | 459.70 Mn |
| 6 | Qualcomm | 198.67 Bn | 190.37 Bn | 5.28 Bn | 1.63 Bn |
| 7 | Monolithic Power Systems | 56.10 Bn | 54.68 Bn | 541.07 Mn | 303.89 Mn |
| 8 | Astera Labs | 43.53 Bn | 42.28 Bn | 287.57 Mn | 89.25 Mn |
| 9 | Credo Technology Group Holding | 28.01 Bn | 27.24 Bn | 309.08 Mn | 120.70 Mn |
| 10 | Canaan | 143.86 Mn | 77.86 Mn | -29.33 Mn | -69.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -69.46 Mn |
| Mar 31, 2026 | -54.31 Mn |
| Dec 31, 2025 | -23.62 Mn |
| Sep 30, 2025 | -23.91 Mn |
| Jun 30, 2025 | -27.07 Mn |
| Mar 31, 2025 | -37.63 Mn |
| Dec 31, 2024 | -55.64 Mn |
| Sep 30, 2024 | -56.84 Mn |
| Jun 30, 2024 | -46.60 Mn |
| Mar 31, 2024 | -68.05 Mn |
| Dec 31, 2023 | -93.27 Mn |
| Sep 30, 2023 | -112.85 Mn |
| Jun 30, 2023 | -119.10 Mn |
| Mar 31, 2023 | -85.67 Mn |
| Dec 31, 2022 | -124.96 Mn |
| Sep 30, 2022 | -10.51 Mn |
| Jun 30, 2022 | 92.98 Mn |
| Mar 31, 2022 | 85.43 Mn |
| Dec 31, 2021 | 190.38 Mn |
| Sep 30, 2021 | 71.90 Mn |