Canaan (CAN) Revenue (2018 - 2026)
Canaan (CAN) posted quarterly Revenue of $62.7 million for Q1 2026, down 24.26% YoY from $82.8 million in Q1 2025, and down 68.06% sequentially from $196.3 million in Q4 2025.
Canaan (CAN) Revenue (2018 - 2026) Analysis & Trends
Canaan has disclosed Revenue across 9 years of filings, most recently posting $62.7 million for Q1 2026.
- In Q1 2026, Revenue fell 24.26% year-over-year to $62.7 million; the TTM figure through Mar 2026 stood at $509.7 million (up 60.77% YoY), while the FY2025 annual figure was $529.7 million, up 96.69% from the prior year.
- Revenue fell to $62.7 million in Q1 2026, from $196.3 million in the prior quarter.
- Over the last five years, Revenue for CAN reached as high as $245.9 million in Q2 2022 and fell as low as $33.3 million in Q3 2023.
- The 5-year median for Revenue is $73.9 million (2023), against an average of $101.5 million.
- The widest YoY moves for Revenue: up 228.22% in 2022, down 82.99% in 2022.
- A 5-year view of Revenue shows it stood at $58.3 million in 2022, then fell by 15.85% to $49.1 million in 2023, then surged by 80.89% to $88.8 million in 2024, then soared by 121.11% to $196.3 million in 2025, then sank by 68.06% to $62.7 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $62.7 million, $196.3 million, and $150.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 5.95 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 43.84 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 2.71 Bn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 3.34 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 3.11 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 1.05 Bn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 14.41 Bn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 10.24 Bn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 1.09 Bn |
| 10 | Canaan | 3.01 Bn | 3.01 Bn | -22.91 Mn | 62.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 62.69 Mn |
| Dec 31, 2025 | 196.27 Mn |
| Sep 30, 2025 | 150.48 Mn |
| Jun 30, 2025 | 100.21 Mn |
| Mar 31, 2025 | 82.78 Mn |
| Dec 31, 2024 | 88.77 Mn |
| Sep 30, 2024 | 73.61 Mn |
| Jun 30, 2024 | 71.86 Mn |
| Mar 31, 2024 | 35.09 Mn |
| Dec 31, 2023 | 49.07 Mn |
| Sep 30, 2023 | 33.32 Mn |
| Jun 30, 2023 | 73.85 Mn |
| Mar 31, 2023 | 55.23 Mn |
| Dec 31, 2022 | 58.31 Mn |
| Sep 30, 2022 | 145.55 Mn |
| Jun 30, 2022 | 245.90 Mn |
| Mar 31, 2022 | 201.77 Mn |
| Dec 31, 2021 | 342.80 Mn |
| Sep 30, 2021 | 204.49 Mn |
| Jun 30, 2021 | 167.54 Mn |