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
DateValue
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