Canaan (CAN) Operating Income (2018 - 2026)

Canaan (CAN) reported Operating Income of -$54.3 million for Q1 2026, down 44.34% year-over-year from -$97.6 million in Q1 2025, and down 129.95% quarter-over-quarter from -$23.6 million in Q4 2025.

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

Canaan (CAN) has 9 years of Operating Income data on file, last reported at -$54.3 million in Q1 2026.

  • Operating Income for Q1 2026 came in at -$54.3 million, down 44.34% year-over-year; the trailing twelve-month figure through Mar 2026 was -$128.9 million (up 34.47% YoY), and the FY2025 annual result was -$112.2 million, up 50.59% from the prior year.
  • Operating Income retreated to -$54.3 million in Q1 2026 per CAN's latest filing, from -$23.6 million in the prior quarter.
  • Over five years, Operating Income peaked at $93.0 million in Q2 2022 and troughed at -$125.0 million in Q4 2022.
  • A 5-year average of -$44.8 million and a median of -$54.3 million in 2026 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2022 and 2023: Operating Income jumped 4195.3% in 2022, then tumbled 973.6% in 2023.
  • A 5-year view of Operating Income shows it 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 129.95% to -$54.3 million in 2026.
  • Business Quant data shows CAN's Operating Income at -$54.3 million in Q1 2026, -$23.6 million in Q4 2025, and -$23.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 3.09 Bn
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 4.11 Bn
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 1.16 Bn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 998.00 Mn
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 1.19 Bn
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 625.87 Mn
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 87.20 Mn
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 612.00 Mn
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn -271.51 Mn
10 Canaan 2.72 Bn 2.64 Bn -22.91 Mn -54.31 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 25.63 Mn