Canaan (CAN) Profit After Tax (2018 - 2026)
Canaan (CAN) posted quarterly Profit After Tax of -$88.7 million for Q1 2026, down 2.68% YoY from -$91.2 million in Q1 2025, and down 4.37% sequentially from -$85.0 million in Q4 2025.
Canaan (CAN) Profit After Tax (2018 - 2026) Analysis & Trends
Canaan has disclosed Profit After Tax across 9 years of filings, most recently posting -$88.7 million for Q1 2026.
- In Q1 2026, Profit After Tax fell 2.68% year-over-year to -$88.7 million; the TTM figure through Mar 2026 stood at -$212.6 million (up 28.37% YoY), while the FY2025 annual figure was -$210.3 million, up 15.81% from the prior year.
- Profit After Tax slipped to -$88.7 million in Q1 2026, from -$85.0 million in the prior quarter.
- Over the last five years, Profit After Tax for CAN reached as high as $90.1 million in Q2 2022 and fell as low as -$139.0 million in Q4 2023.
- The 5-year median for Profit After Tax is -$80.1 million (2023), against an average of -$52.5 million.
- Annual changes were most pronounced in 2022 — Profit After Tax surged 35277.17% — and 2023, when it slumped 1370.07%.
- A 5-year view of Profit After Tax shows it stood at -$91.6 million in 2022, then slumped by 51.75% to -$139.0 million in 2023, then surged by 33.17% to -$92.9 million in 2024, then increased by 8.47% to -$85.0 million in 2025, then fell by 4.37% to -$88.7 million in 2026.
- According to Business Quant data, Profit After Tax over the past three periods registered -$88.7 million, -$85.0 million, and -$27.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 3.62 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 3.44 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 1.02 Bn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 3.21 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 748.00 Mn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 24.08 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 450.00 Mn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 483.39 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 143.46 Mn |
| 10 | Canaan | 3.01 Bn | 3.01 Bn | -22.91 Mn | -88.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -88.75 Mn |
| Dec 31, 2025 | -85.04 Mn |
| Sep 30, 2025 | -27.74 Mn |
| Jun 30, 2025 | -11.06 Mn |
| Mar 31, 2025 | -86.43 Mn |
| Dec 31, 2024 | -92.90 Mn |
| Sep 30, 2024 | -75.58 Mn |
| Jun 30, 2024 | -41.88 Mn |
| Mar 31, 2024 | -39.39 Mn |
| Dec 31, 2023 | -139.02 Mn |
| Sep 30, 2023 | -80.10 Mn |
| Jun 30, 2023 | -110.67 Mn |
| Mar 31, 2023 | -84.37 Mn |
| Dec 31, 2022 | -91.61 Mn |
| Sep 30, 2022 | 6.31 Mn |
| Jun 30, 2022 | 90.09 Mn |
| Mar 31, 2022 | 65.09 Mn |
| Dec 31, 2021 | 187.76 Mn |
| Sep 30, 2021 | 72.51 Mn |
| Jun 30, 2021 | 37.94 Mn |