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

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

Historic Data

Download Data
DateValue
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