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
Download Data
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 |