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Canaan Inc. (CAN)

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CIK 0001780652 · Nasdaq · Finance Services

  • Sector Finance & Real Estate
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Canaan Inc. reported revenue of $529.74M. Revenue grew 96.7% from the prior annual period.

Key ratios (year ended 2025-12-31)

7.8%
Gross margin
-21.2%
Operating margin
-39.7%
Net margin
-48.1%
Return on year-end equity
96.7%
Revenue growth (YoY)

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Latest selected filing: Form 6-K (current report) · 2026-10-19

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

Period ended2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Revenue$529.74M$269.32M$211.48M$651.53M$772.76M$68.61M$204.35Mn/an/a
Cost of Revenue$488.58M$353.64M$452.26M$421.24M$331.00M$62.82M$278.47Mn/an/a
Gross Profit$41.16M-$84.32M-$240.78M$230.29M$441.76M$5.79M-$74.12Mn/an/a
R&D Expense$63.15M$61.32M$64.84M$81.75M$52.17M$21.46M$24.27Mn/an/a
Operating Income-$112.23M-$227.13M-$410.88M$42.94M$282.97M-$38.91Mn/an/an/a
Net Income-$210.27M-$249.75M-$414.15M$69.88M$309.09M-$32.96M-$148.60Mn/an/a
EPS (Diluted)-$2.99-$6.13-$16.06$2.71$12.00-$1.41-$6.90n/an/a
Total Assets$602.88M$463.01M$493.30M$684.96M$883.82M$158.83M$142.41Mn/an/a
Total Liabilities$165.52M$196.76M$145.11M$77.30M$341.08M$92.54M$42.90Mn/an/a
Shareholders' Equity$437.37M$266.25M$348.19M$607.67M$542.48M$66.29M$99.51Mn/an/a
Cash & Equivalents$80.78M$96.49M$96.15Mn/a$421.23M$59.97M$74.21Mn/an/a
Operating Cash Flow-$271.22M-$199.26M-$123.62M-$182.60M$202.28M$6.48M-$40.23Mn/an/a
Capital Expenditures$24.61M$19.30M$3.31M$17.75M$5.64M$333.0K$1.20Mn/an/a
Free Cash Flow-$295.83M-$218.57M-$126.93M-$200.35M$196.64M$6.15M-$41.43Mn/an/a
Share Repurchases$5.00Mn/an/a$37.38M$16.11M$3.67Mn/an/an/a
Shares Outstandingn/a4.61Bn/a2.50Bn/a2.33B2.35B1.95Bn/a
Weighted Average Diluted Sharesn/a4.07Bn/a2.58Bn/an/a2.15B1.98B1.97B
EPS (Basic)-$2.99-$6.13-$16.06$2.73$12.26-$1.41-$6.90n/an/a

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