Canaan (CAN) Profit After Tax (2018 - 2026)

Canaan (CAN) posted quarterly Profit After Tax of -$88.7 million for Q1 2026, down 2.68% year-over-year from -$91.2 million in Q1 2025, and down 4.37% quarter-over-quarter from -$85.0 million in Q4 2025.

Canaan (CAN) Profit After Tax (2018 - 2026) Analysis & Trends

Canaan (CAN) has reported Profit After Tax for 9 consecutive years, with -$88.7 million the latest figure, recorded in 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 -$209.5 million, up 20.46% from the prior year.
  • Profit After Tax eased to -$88.7 million in Q1 2026 per CAN's latest filing, from -$85.0 million in the prior quarter.
  • Across five years, Profit After Tax topped out at $90.1 million in Q2 2022 and bottomed at -$139.0 million in Q4 2023.
  • Historically, Profit After Tax has averaged -$52.5 million across 5 years, with a median of -$80.1 million in 2023.
  • Annual changes were most pronounced in 2022 — Profit After Tax surged 35277.17% — and 2023, when it plunged 1370.07%.
  • Canaan's Profit After Tax stood at -$91.6 million in 2022, then sank by 51.75% to -$139.0 million in 2023, then soared by 33.17% to -$92.9 million in 2024, then rose by 8.47% to -$85.0 million in 2025, then retreated by 4.37% to -$88.7 million in 2026.
  • Business Quant data shows CAN's Profit After Tax at -$88.7 million in Q1 2026, -$85.0 million in Q4 2025, and -$27.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 3.44 Bn
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 1.02 Bn
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 3.62 Bn
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 748.00 Mn
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 3.21 Bn
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 24.08 Mn
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 450.00 Mn
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn 483.39 Mn
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 235.70 Mn
10 Canaan 1.81 Bn 1.81 Bn -22.91 Mn -88.75 Mn

Historic Data

Download Data
DateValue
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