Canaan (CAN) Operating Income (2018 - 2026)

Canaan has disclosed Operating Income across 9 years of filings, most recently posting -$54.3 million for 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 eased to -$54.3 million in Q1 2026, from -$23.6 million in the prior quarter.
• Over the last five years, Operating Income for CAN reached as high as $93.0 million in Q2 2022 and fell as low as -$125.0 million in Q4 2022.
• The 5-year median for Operating Income is -$54.3 million (2026), against an average of -$44.8 million.
• Annual changes were most pronounced in 2022 — Operating Income jumped 4195.3% — and 2023, when it sank 973.6%.
• 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 plunged by 129.95% to -$54.3 million in 2026.
• According to Business Quant data, Operating Income over the past three periods registered -$54.3 million, -$23.6 million, and -$23.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.