Canaan (CAN) Revenue (2018 - 2026)
Canaan (CAN) reported Revenue of $62.7 million for Q1 2026, down 24.26% year-over-year from $82.8 million in Q1 2025, and down 68.06% quarter-over-quarter from $196.3 million in Q4 2025.
Canaan (CAN) Revenue (2018 - 2026) Analysis & Trends
Canaan (CAN) has 9 years of Revenue data on file, last reported at $62.7 million in Q1 2026.
- Revenue for Q1 2026 came in at $62.7 million, down 24.26% year-over-year; the trailing twelve-month figure through Mar 2026 was $509.7 million (up 60.77% YoY), and the FY2025 annual result was $529.7 million, up 96.69% from the prior year.
- Revenue eased to $62.7 million in Q1 2026 per CAN's latest filing, from $196.3 million in the prior quarter.
- Over five years, Revenue peaked at $245.9 million in Q2 2022 and troughed at $33.3 million in Q3 2023.
- A 5-year average of $101.5 million and a median of $73.9 million in 2023 frame the typical range for Revenue.
- On a YoY basis, Revenue climbed as much as 228.22% in 2022 and fell as far as 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 tumbled by 68.06% to $62.7 million in 2026.
- Business Quant data shows CAN's Revenue at $62.7 million in Q1 2026, $196.3 million in Q4 2025, and $150.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 33.38 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 5.95 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 2.71 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 3.11 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 3.34 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 10.24 Bn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 1.06 Bn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 14.41 Bn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 64.67 Mn |
| 10 | Canaan | 2.72 Bn | 2.64 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 |