Canaan (CAN) Profit After Tax (2018 - 2026)
Canaan (CAN) reported 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 9 years of Profit After Tax data on file, last reported at -$88.7 million in Q1 2026.
- Profit After Tax for Q1 2026 came in at -$88.7 million, down 2.68% year-over-year; the trailing twelve-month figure through Mar 2026 was -$212.6 million (up 28.37% YoY), and the FY2025 annual result was -$210.3 million, up 15.81% from the prior year.
- Profit After Tax fell to -$88.7 million in Q1 2026 per CAN's latest filing, from -$85.0 million in the prior quarter.
- Over five years, Profit After Tax peaked at $90.1 million in Q2 2022 and troughed at -$139.0 million in Q4 2023.
- A 5-year average of -$51.4 million and a median of -$75.6 million in 2024 frame the typical range for Profit After Tax.
- The sharpest annual moves came in 2022 and 2024: Profit After Tax jumped 137.46% in 2022, then sank 46592.98% in 2024.
- A 5-year view of Profit After Tax shows it stood at -$91.6 million in 2022, then plunged 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.
- 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 | 266.21 Bn | 254.69 Bn | 6.73 Bn | 2.26 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 3.62 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 1.02 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 748.00 Mn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 3.21 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 483.39 Mn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 100.25 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 450.00 Mn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 804.61 Mn |
| 10 | Canaan | 2.72 Bn | 2.64 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 | -84,366.00 |
| Dec 31, 2022 | -91.61 Mn |
| Sep 30, 2022 | 6.31 Mn |
| Jun 30, 2022 | 90.09 Mn |
| Mar 31, 2022 | 65,094.00 |
| Dec 31, 2021 | 187.76 Mn |
| Sep 30, 2021 | 72.51 Mn |
| Jun 30, 2021 | 37.94 Mn |