Canaan CAN Revenue Breakdown

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At close: Oct 5, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Canaan, fiscal 2018 to 2025, as reported in its filings.
Annual history

Canaan Revenue by Geography

Years FY 2018–2025
Lines 12
FY 2025 Total $445.92M

United States Of America was Canaan’s largest region in fiscal 2025, bringing in $220.61M of $445.92M (49%).

Canaan revenue by geography, fiscal 2018 to 2025
Geography FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
China $18.27M $115.53M $68.17M $169.42M
United States Of America $93.92M $28.10M $70.99M $220.61M
Other Countries Or Regions $27.94M $25.96M $18.29M $2.11M
Kazakhstan $57.55M $24.57M $7.75M $1.64M
Malaysia $119.34M $15.33M $10.10M $3.36M
Hong Kong — — — $20.17M
Canada $18.27M $259.00K $6.55M $18.12M
The United Arab Emirates — $343.00K $41.45M $1.98M
Netherland — $2.00K $6.08M $2.51M
Georgia $28.00K — $2.09M $2.10M
Ireland — $1.00K $2.00K $2.82M
Brazil — $7.00K $34.00K $1.09M
Total $649.93M $211.48M $269.32M $445.92M
Totals include 12 discontinued lines from earlier reporting.

Canaan revenue by geography: what the figures show

Canaan brought in $445.92M from its 12 regions in fiscal 2025, the year ended December 31, 2025. Canaan regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $269.32M. United States Of America was the largest at $220.61M (49.5%), ahead of China at $169.42M (38.0%) and Hong Kong at $20.17M (4.5%). The other nine regions brought in $35.72M combined.

Compared with fiscal 2024, United States Of America grew fastest, up 210.8% to $220.61M. Every region above 2% of revenue grew.

Canaan began breaking out The United Arab Emirates in fiscal 2023, Netherland in fiscal 2023, Ireland in fiscal 2023 and Brazil in fiscal 2023. Canaan stopped reporting Indonesia ($215.20M in fiscal 2022), Australia ($60.38M in fiscal 2022), Cyprus ($36.23M in fiscal 2022) and four others as separate regions.

Questions

Canaan Revenue Breakdown FAQ

How does Canaan make money?

Canaan (CAN) reports its revenue by geography. In fiscal 2025, United States Of America was its largest region, bringing in $220.61M (49.5% of the total), followed by China at $169.42M (38.0%).

What is Canaan's largest region?

United States Of America was Canaan's largest region in fiscal 2025, bringing in $220.61M, or 49.5% of the $445.92M total across its 12 regions.

Where does this revenue breakdown data come from?

Every figure comes from Canaan's annual financial filings, as reported. Each line keeps the name Canaan gives it, and years follow its fiscal calendar.

How far back does Canaan's revenue breakdown go?

Canaan's revenue by geography goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.