Canaan (CAN) Operating Margin (2018 - 2026)
Canaan (CAN) reported Operating Margin of 33.87% for the quarter ended Jun 30, 2026, down 11.72 percentage points from 45.59% a year earlier but up 20.31 percentage points from the prior quarter.
Canaan (CAN) Operating Margin (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Canaan's Operating Margin came in at 29.28%, down 11.65 percentage points year-over-year; for the year ended Dec 31, 2025, it was -27.12%, up 74.62 percentage points from the prior year.
- Operating Margin has a five-year change of +29.58 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Operating Margin came in at -101.75% in the year ended Dec 31, 2024 (+130.52 pp), -232.27% in the year ended Dec 31, 2023 (-239.21 pp), 6.94% in the year ended Dec 31, 2022 (-29.90 pp) and 36.84% in the year ended Dec 31, 2021 (+93.54 pp).
- Five-year quarterly Operating Margin spans a low of -214.29% in the quarter ended Dec 31, 2022 and a high of 55.54% in the quarter ended Dec 31, 2021.
- Year over year, Operating Margin has now declined in each of the last three quarters, with an average year-over-year change of +28.23 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was the quarter ended Dec 31, 2021 (a gain of 238.30 percentage points); the low point was the quarter ended Dec 31, 2022 (a drop of 269.82 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 13.56% (quarter ended Mar 31, 2026), 26.89% (quarter ended Dec 31, 2025) and 37.98% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,201.10 Bn | 1,827.28 Bn | 27.22 Bn | 60.34% |
| 2 | Advanced Micro Devices | 867.05 Bn | 823.80 Bn | 6.20 Bn | 17.25% |
| 3 | Asml Holding | 613.16 Bn | 568.85 Bn | 5.90 Bn | - |
| 4 | Applied Materials | 307.59 Bn | 273.03 Bn | 4.59 Bn | 33.74% |
| 5 | Lam Research | 296.67 Bn | 272.72 Bn | 4.30 Bn | 39.95% |
| 6 | Arm Holdings | 236.97 Bn | 222.69 Bn | 1.25 Bn | 7.06% |
| 7 | Kla | 195.01 Bn | 187.18 Bn | 2.24 Bn | 42.49% |
| 8 | ASE Technology Holding | 88.76 Bn | 77.71 Bn | 1.27 Bn | 11.06% |
| 9 | Synopsys | 87.05 Bn | 83.44 Bn | 1.80 Bn | 14.43% |
| 10 | Canaan | 140.21 Mn | -169.23 Mn | -29.33 Mn | -217.99% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -217.99% |
| Mar 31, 2026 | -86.63% |
| Dec 31, 2025 | -12.03% |
| Sep 30, 2025 | -15.89% |
| Jun 30, 2025 | -27.01% |
| Mar 31, 2025 | -45.46% |
| Dec 31, 2024 | -62.68% |
| Sep 30, 2024 | -77.23% |
| Jun 30, 2024 | -64.85% |
| Mar 31, 2024 | -193.91% |
| Dec 31, 2023 | -190.06% |
| Sep 30, 2023 | -338.68% |
| Jun 30, 2023 | -161.27% |
| Mar 31, 2023 | -155.10% |
| Dec 31, 2022 | -214.29% |
| Sep 30, 2022 | -7.22% |
| Jun 30, 2022 | 37.81% |
| Mar 31, 2022 | 42.34% |
| Dec 31, 2021 | 55.54% |
| Sep 30, 2021 | 35.16% |
Canaan Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();