Canaan (CAN) Operating Income (2018 - 2026)

Canaan (CAN) has reported Operating Income for 9 consecutive years, with -$54.3 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Income fell 44.34% year-over-year to -$54.3 million; the TTM figure through Mar 2026 stood at -$128.9 million (up 34.47% YoY), while the FY2025 annual figure was -$112.2 million, up 50.59% from the prior year.
• Operating Income declined to -$54.3 million in Q1 2026 per CAN's latest filing, from -$23.6 million in the prior quarter.
• Across five years, Operating Income topped out at $93.0 million in Q2 2022 and bottomed at -$125.0 million in Q4 2022.
• Historically, Operating Income has averaged -$44.8 million across 5 years, with a median of -$54.3 million in 2026.
• Annual changes were most pronounced in 2022 — Operating Income jumped 4195.3% — and 2023, when it tumbled 973.6%.
• Canaan's Operating Income stood at -$125.0 million in 2022, then climbed by 25.36% to -$93.3 million in 2023, then soared by 40.34% to -$55.6 million in 2024, then soared by 57.55% to -$23.6 million in 2025, then tumbled 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.