Canaan CAN
NASDAQ CAN
$0.31 -0.04 (-11.38%)
As of: Sep 15, 2026 · 3:59 PM EDT

Canaan (CAN) Research & Development (2018 - 2026)

Canaan (CAN) posted Research & Development of -$14.9 million for Q2 2026, up 3.41% quarter-over-quarter from -$15.4 million in Q1 2026, and up 9.39% YoY from -$13.6 million in Q2 2025.

Analysis

Canaan (CAN) Research & Development (2018 - 2026) Analysis & Trends

Canaan (CAN) has 9 years of Research & Development data on file, last reported at -$14.9 million in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 9.39% year-over-year to -$14.9 million; the trailing twelve-month figure through Jun 2026 stood at -$58.0 million (up 12.95% YoY), and the FY2025 full-year result was -$63.1 million, down 2.97% from the prior year.
  • Research & Development was -$14.9 million for Q2 2026 at Canaan, up from -$15.4 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$10.8 million in Q4 2023 to a low of -$33.4 million in Q4 2022.
  • A 5-year average of -$16.7 million and a median of -$16.0 million in 2022 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development sank 89.81% in 2022 and jumped 67.7% in 2023, its largest moves.
  • Canaan's Research & Development stood at -$33.4 million in 2022, then jumped by 67.7% to -$10.8 million in 2023, then tumbled by 53.76% to -$16.6 million in 2024, then soared by 30.87% to -$11.5 million in 2025, then fell by 29.76% to -$14.9 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were -$14.9 million in Q2 2026, -$15.4 million in Q1 2026, and -$11.5 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Nvidia 5,133.09 Bn 5,067.87 Bn 72.14 Bn 7.05 Bn
2 Broadcom 1,617.10 Bn 1,593.13 Bn 20.46 Bn 2.90 Bn
3 Advanced Micro Devices 823.64 Bn 810.53 Bn 6.20 Bn 2.53 Bn
4 Arm Holdings 255.67 Bn 251.79 Bn 1.25 Bn -838.00 Mn
5 Marvell Technology 198.91 Bn 194.98 Bn 1.46 Bn 741.10 Mn
6 Qualcomm 198.67 Bn 190.37 Bn 5.28 Bn 2.61 Bn
7 Monolithic Power Systems 56.10 Bn 54.68 Bn 541.07 Mn 118.62 Mn
8 Astera Labs 43.53 Bn 42.28 Bn 287.57 Mn 135.90 Mn
9 Credo Technology Group Holding 28.01 Bn 27.24 Bn 309.08 Mn 114.52 Mn
10 Canaan 143.86 Mn 77.86 Mn -29.33 Mn -14.87 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -14.87 Mn
Mar 31, 2026 -15.39 Mn
Dec 31, 2025 -11.46 Mn
Sep 30, 2025 -16.34 Mn
Jun 30, 2025 -16.41 Mn
Mar 31, 2025 -18.95 Mn
Dec 31, 2024 -16.57 Mn
Sep 30, 2024 -14.76 Mn
Jun 30, 2024 -14.65 Mn
Mar 31, 2024 -15.34 Mn
Dec 31, 2023 -10.78 Mn
Sep 30, 2023 -17.15 Mn
Jun 30, 2023 -17.86 Mn
Mar 31, 2023 -19.06 Mn
Dec 31, 2022 -33.36 Mn
Sep 30, 2022 -17.64 Mn
Jun 30, 2022 -15.58 Mn
Mar 31, 2022 -15.17 Mn
Dec 31, 2021 -17.58 Mn
Sep 30, 2021 -14.40 Mn