Canaan (CAN) Research & Development (2018 - 2026)
Canaan (CAN) reported Research & Development of -$14.87 million for the quarter ended Jun 30, 2026, compared with -$16.41 million a year earlier.
Canaan (CAN) Research & Development (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Canaan's Research & Development came in at -$58.05 million; for the year ended Dec 31, 2025, it came in at -$63.15 million.
- By year, Research & Development came in at -$61.32 million in the year ended Dec 31, 2024, -$64.85 million in the year ended Dec 31, 2023, -$81.76 million in the year ended Dec 31, 2022 and -$52.17 million in the year ended Dec 31, 2021.
- Five-year quarterly Research & Development spans a low of -$33.36 million in the quarter ended Dec 31, 2022 and a high of -$10.78 million in the quarter ended Dec 31, 2023.
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at -$15.39 million (quarter ended Mar 31, 2026), -$11.46 million (quarter ended Dec 31, 2025) and -$16.34 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,237.98 Bn | 5,012.14 Bn | 72.14 Bn | 7.05 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,230.25 Bn | 1,855.11 Bn | 27.22 Bn | 2.31 Bn |
| 3 | Broadcom | 1,636.07 Bn | 1,562.12 Bn | 20.46 Bn | 2.90 Bn |
| 4 | Micron Technology | 1,035.77 Bn | 941.41 Bn | 47.05 Bn | 1.91 Bn |
| 5 | Advanced Micro Devices | 896.58 Bn | 853.33 Bn | 6.20 Bn | 2.53 Bn |
| 6 | Asml Holding | 623.95 Bn | 579.64 Bn | 5.90 Bn | - |
| 7 | Intel | 473.29 Bn | 342.43 Bn | 6.51 Bn | 3.37 Bn |
| 8 | Applied Materials | 307.56 Bn | 273.01 Bn | 4.59 Bn | 1.10 Bn |
| 9 | Lam Research | 296.83 Bn | 272.89 Bn | 4.30 Bn | 666.40 Mn |
| 10 | Canaan | 103.20 Mn | -206.24 Mn | -29.33 Mn | 14.87 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
Canaan Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=CAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=CAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();