Canaan (CAN) Revenue (2018 - 2026)
Canaan (CAN) posted Revenue of $31.9 million for Q2 2026, down 49.18% quarter-over-quarter from $62.7 million in Q1 2026, and down 68.2% YoY from $100.2 million in Q2 2025.
Analysis
Canaan (CAN) Revenue (2018 - 2026) Analysis & Trends
Canaan (CAN) has 9 years of Revenue data on file, last reported at $31.9 million in Q2 2026.
- For the quarter ending Q2 2026, Revenue fell 68.2% year-over-year to $31.9 million; the trailing twelve-month figure through Jun 2026 stood at $441.3 million (up 27.78% YoY), and the FY2025 full-year result was $413.8 million, up 85.36% from the prior year.
- Revenue was $31.9 million for Q2 2026 at Canaan, down from $62.7 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $245.9 million in Q2 2022 to a low of $31.9 million in Q2 2026.
- A 5-year average of $97.6 million and a median of $73.7 million in 2023 frame the typical range for Revenue.
- The largest YoY upside for Revenue was 228.22% in 2022 against a maximum downside of 82.99% in 2022.
- Canaan's Revenue 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 plunged by 83.77% to $31.9 million in 2026.
- Per Business Quant data, the three most recent Revenue figures were $31.9 million in Q2 2026, $62.7 million in Q1 2026, and $196.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,133.09 Bn | 5,067.87 Bn | 72.14 Bn | 96.22 Bn |
| 2 | Broadcom | 1,617.10 Bn | 1,593.13 Bn | 20.46 Bn | 29.59 Bn |
| 3 | Advanced Micro Devices | 823.64 Bn | 810.53 Bn | 6.20 Bn | 11.54 Bn |
| 4 | Arm Holdings | 255.67 Bn | 251.79 Bn | 1.25 Bn | 1.29 Bn |
| 5 | Marvell Technology | 198.91 Bn | 194.98 Bn | 1.46 Bn | 2.74 Bn |
| 6 | Qualcomm | 198.67 Bn | 190.37 Bn | 5.28 Bn | 9.95 Bn |
| 7 | Monolithic Power Systems | 56.10 Bn | 54.68 Bn | 541.07 Mn | 980.64 Mn |
| 8 | Astera Labs | 43.53 Bn | 42.28 Bn | 287.57 Mn | 392.40 Mn |
| 9 | Credo Technology Group Holding | 28.01 Bn | 27.24 Bn | 309.08 Mn | 479.00 Mn |
| 10 | Canaan | 143.86 Mn | 77.86 Mn | -29.33 Mn | 31.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.86 Mn |
| 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 |