Growth Metrics

Canaan (CAN) Operating Margin (2018 - 2025)

Canaan has reported Operating Margin over the past 8 years, most recently at 12.03% for Q4 2025.

  • Quarterly Operating Margin rose 5065.0% to 12.03% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 21.19% through Dec 2025, up 6315.0% year-over-year, with the annual reading at 21.19% for FY2025, 6315.0% up from the prior year.
  • Operating Margin was 12.03% for Q4 2025 at Canaan, up from 15.89% in the prior quarter.
  • Over five years, Operating Margin peaked at 55.54% in Q4 2021 and troughed at 338.68% in Q3 2023.
  • The 5-year median for Operating Margin is 36.24% (2025), against an average of 69.15%.
  • Year-over-year, Operating Margin tumbled -33146bps in 2023 and then surged 26146bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 55.54% in 2021, then plummeted by -486bps to 214.29% in 2022, then increased by 11bps to 190.06% in 2023, then surged by 67bps to 62.68% in 2024, then soared by 81bps to 12.03% in 2025.
  • Per Business Quant, the three most recent readings for CAN's Operating Margin are 12.03% (Q4 2025), 15.89% (Q3 2025), and 27.01% (Q2 2025).