Canaan reported a gross margin of -36.54% and a net margin of -141.31% for the quarter ended Mar 2026. These financial ratios cover 29 quarters of results from Dec 2018 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Dec2018 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||||||
| Gross Margin | 39.48% | 56.29% | 68.07% | 61.19% | 56.26% | 22.42% | -109.99% | -86.08% | -94.88% | -207.36% | -110.18% | -106.37% | -26.62% | -29.22% | -7.16% | 0.78% | 9.29% | 11.05% | 7.43% | -36.54% | |||||||||
| EBT Margin | 22.68% | 35.46% | 57.05% | 42.64% | 46.78% | 3.60% | -202.33% | -156.99% | -157.24% | -301.77% | -330.35% | -109.97% | -60.94% | -111.79% | -8.56% | -103.56% | -10.26% | -18.11% | -42.91% | -141.61% | |||||||||
| EBIT Margin | 15.30% | 35.16% | 55.54% | 45.18% | 40.66% | -6.73% | -201.53% | -155.10% | -161.27% | -338.68% | -190.06% | -193.91% | -64.85% | -77.23% | -62.68% | -45.46% | -27.01% | -15.89% | -12.03% | -86.63% | |||||||||
| EBITDA Margin | 15.30% | 35.16% | 55.54% | 45.18% | 40.66% | -6.73% | -201.53% | -0.10% | -0.11% | -0.20% | -0.14% | -0.07% | -0.04% | -0.05% | 0.02% | -0.05% | 0.03% | 0.00% | -0.02% | -0.12% | |||||||||
| Operating Margin | 15.30% | 35.16% | 55.54% | 42.34% | 37.81% | -7.22% | -214.29% | -155.10% | -161.27% | -338.68% | -190.06% | -193.91% | -64.85% | -77.23% | -62.68% | -45.46% | -27.01% | -15.89% | -12.03% | -86.63% | |||||||||
| Net Margin | 22.71% | 35.46% | 57.06% | 56.47% | 47.89% | 3.91% | -189.88% | -161.23% | -157.24% | -240.41% | -330.35% | -107.69% | -60.94% | -111.79% | 87.53% | -102.71% | -9.49% | -17.78% | -42.50% | -141.31% | |||||||||
| FCF Margin | 47.48% | -288.03% | -110.50% | -78.61% | -80.48% | -33.53% | |||||||||||||||||||||||
| Efficiency | |||||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 0.07B | 0.11B | 0.13B | 0.16B | 0.22B | 0.21B | 0.20B | 155.33B | 155.36B | 0.24B | 0.18B | 49.65B | 49.64B | 0.11B | 0.09B | 100.93B | 100.96B | ||||||||||||
| Assets AverageAssets Avg. | 0.43B | 0.56B | 0.75B | 0.93B | 0.96B | 0.85B | 0.73B | 0.34B | 0.27B | 0.50B | 0.48B | 0.25B | 0.26B | 0.51B | 0.48B | 296,422.50B | 335.30B | ||||||||||||
| Invested CapitalInvested Cap. | 0.02B | 0.02B | 44.70B | 0.03B | |||||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.60 | 0.79 | 1.04 | 0.98 | 1.04 | 1.10 | 0.90 | 1.50 | 1.24 | 0.44 | 0.44 | 0.77 | 0.72 | 0.45 | 0.56 | 0.00 | 0.00 | ||||||||||||
| Leverage & Solvency | |||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -0.00B | 0.00B | -69.92 | 0.00B | 230.14 | 214.00 | 107.21 | 70.31 | 59.33 | 28.56 | 58.47 | ||||||||||||||||||
| Debt Ratio | 0.04 | 0.05 | 0.05 | 0.00 | 0.07 | 0.09 | |||||||||||||||||||||||
| Times Interest Earned | -0.00B | 0.00B | -69.92 | 0.00B | 230.14 | 214.00 | 107.21 | 70.31 | 59.33 | 28.56 | 58.47 | ||||||||||||||||||
| Valuation | |||||||||||||||||||||||||||||
| Enterprise Value | -0.19B | -0.26B | -0.43B | -0.42B | -0.40B | -0.29B | -0.10B | -0.00B | -0.07B | -0.04B | -0.10B | 7.12B | -0.07B | 0.01B | -0.12B | -65904.00B | -119.21B | -0.08B | |||||||||||
| Return Ratios | |||||||||||||||||||||||||||||
| Return on SalesROS | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.00% | -0.02% | -0.02% | -0.02% | -0.02% | -0.03% | -0.01% | -0.01% | -0.01% | 0.01% | -0.01% | 0.00% | 0.00% | 0.00% | -0.01% | |||||||||
| Return on Capital EmployedROCE | -0.33% | 25.31% | 68.19% | 64.55% | 61.69% | 48.80% | 9.79% | 0.14% | -208.27% | -106.03% | -119.61% | 0.36% | -219.38% | -73.01% | -74.71% | 0.00% | -0.03% | ||||||||||||
| Return on Invested CapitalROIC | 0.00% | 0.16% | -0.08% | -0.04% | 0.00% | 0.00% | 0.00% | ||||||||||||||||||||||
| Return on AssetsROA | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.00% | -0.01% | -0.01% | -0.01% | -0.02% | -0.01% | -0.01% | 0.00% | 0.00% | 0.00% |