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
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