Canaan Inc. (CAN)
↓ Download CSV- Sector Finance & Real Estate
- Incorporated E9
- Fiscal year ends Dec 31
In fiscal 2025, Canaan Inc. reported revenue of $529.74M, up 96.7% from the prior year. The company ran a net loss, with a net margin of -39.7% and a gross margin of 7.8%. It held $602.88M in total assets against $165.52M in total liabilities.
Key ratios (FY2025)
7.8%
Gross margin
-21.2%
Operating margin
-39.7%
Net margin
-48.1%
Return on equity
+96.7%
Revenue growth (YoY)
| Metric (FY) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $529.74M | $269.32M | $211.48M | $651.53M | $772.76M | $68.61M | $204.35M | — | — |
| Cost of Revenue | $488.58M | $353.64M | $452.26M | $421.24M | $331.00M | $62.82M | $278.47M | — | — |
| Gross Profit | $41.16M | -$84.32M | -$240.78M | $230.29M | $441.76M | $5.79M | -$74.12M | — | — |
| Operating Income | -$112.23M | -$227.13M | -$410.88M | $42.94M | $282.97M | -$38.91M | — | — | — |
| Net Income | -$210.27M | -$249.75M | -$414.15M | $69.88M | $309.09M | -$32.96M | -$148.60M | — | — |
| EPS (Diluted) | $-2.99 | $-6.13 | $-16.06 | $2.71 | $12.00 | $-1.41 | $-6.90 | — | — |
| Total Assets | $602.88M | $463.01M | $493.30M | $684.96M | $883.82M | $158.83M | $142.41M | — | — |
| Total Liabilities | $165.52M | $196.76M | $145.11M | $77.30M | $341.08M | $92.54M | $42.90M | — | — |
| Shareholders' Equity | $437.37M | $266.25M | $348.19M | $607.67M | $542.48M | $66.30M | $99.51M | — | — |
| Cash & Equivalents | $80.78M | $96.49M | $96.15M | — | $421.23M | $59.97M | $74.21M | — | — |
| Operating Cash Flow | -$271.22M | -$199.26M | -$123.62M | -$182.60M | $202.28M | $6.48M | -$40.23M | — | — |
| Capital Expenditures | $24.61M | $19.30M | $3.31M | $17.75M | $5.64M | $333.0K | $1.20M | — | — |
| Shares Outstanding | 7.04B | 4.07B | 2.58B | 2.58B | 2.58B | 2.35B | 2.15B | 1.98B | 1.97B |