Canaan (CAN) Revenue (2018 - 2026)
Canaan (CAN) posted quarterly 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 reported Revenue for 9 consecutive years, with $62.7 million the latest figure, recorded in 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 retreated to $62.7 million in Q1 2026 per CAN's latest filing, from $196.3 million in the prior quarter.
- Across five years, Revenue topped out at $245.9 million in Q2 2022 and bottomed at $33.3 million in Q3 2023.
- Historically, Revenue has averaged $101.5 million across 5 years, with a median of $73.9 million in 2023.
- On a YoY basis, Revenue climbed as much as 228.22% in 2022 and fell as far as 82.99% in 2022.
- Canaan's Revenue stood at $58.3 million in 2022, then retreated by 15.85% to $49.1 million in 2023, then soared by 80.89% to $88.8 million in 2024, then jumped by 121.11% to $196.3 million in 2025, then plunged 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 | 279.74 Bn | 268.16 Bn | 7.78 Bn | 43.84 Bn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 2.71 Bn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 5.95 Bn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 3.11 Bn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 3.34 Bn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 1.05 Bn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 14.41 Bn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 10.24 Bn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 1.23 Bn |
| 10 | Canaan | 1.81 Bn | 1.81 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 |