Canaan (CAN) Operating Margin (2018 - 2026)

Canaan has disclosed Operating Margin across 9 years of filings, most recently posting 86.63% for Q1 2026.

• In Q1 2026, Operating Margin fell 4118.0% year-over-year to 86.63%; the TTM figure through Mar 2026 stood at 25.29% (up 3676.0% YoY), while the FY2025 annual figure was 21.19%, up 6315.0% from the prior year.
• Operating Margin retreated to 86.63% in Q1 2026, from 12.03% in the prior quarter.
• Over the last five years, Operating Margin for CAN reached as high as 42.34% in Q1 2022 and fell as low as 338.68% in Q3 2023.
• The 5-year median for Operating Margin is 64.85% (2024), against an average of 92.48%.
• Annual changes were most pronounced in 2023 — Operating Margin sank 33146 bps — and 2024, when it surged 26146 bps.
• A 5-year view of Operating Margin shows it stood at 214.29% in 2022, then increased by 11 bps to 190.06% in 2023, then surged by 67 bps to 62.68% in 2024, then soared by 81 bps to 12.03% in 2025, then slumped by 620 bps to 86.63% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 86.63%, 12.03%, and 15.89% for Q1 2026, Q4 2025, and Q3 2025 respectively.