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Canaan $CAN

Financials

Singapore

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$0.33

-0.02 (-4.97%)

As of Oct 5, 2026, 5:17 PM EDT

Price history

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Canaan (CAN) is trading down at $0.33 (-4.97%), as of the latest quote. It operates in the Financials sector.

IPO: November 21, 2019 · $9.00 offering · NASDAQ · View IPO details →

Canaan revenue & net income history (FY2021–FY2025)

RevenueNet income

Canaan annual financial statements
	FY2021Dec 2021	FY2022Dec 2022	FY2023Dec 2023	FY2024Dec 2024	FY2025Dec 2025
Income statement
Revenue	$772.8M	$651.5M	$211.5M	$269.3M	$529.7M
Growth (year over year)	—	−15.7%	−67.5%	+27.4%	+96.7%
Gross profit	$441.8M	$230.3M	−$240.8M	−$84.3M	$41.2M
Gross margin	57.2%	35.3%	−113.9%	−31.3%	7.8%
Operating income	$283.0M	$42.9M	−$410.9M	−$227.1M	−$112.2M
Operating margin	36.6%	6.6%	−194.3%	−84.3%	−21.2%
Net income	$309.1M	$69.9M	−$414.2M	−$249.8M	−$210.3M
Net margin	40.0%	10.7%	−195.8%	−92.7%	−39.7%
EPS (diluted)	$12.00	$2.71	−$16.06	−$6.13	−$2.99
Balance sheet
Cash and equivalents	$421.0M	$101.6M	$96.2M	$96.5M	$80.8M
Total assets	—	$685.0M	$493.3M	$463.0M	$602.9M
Total liabilities	—	$77.3M	$145.1M	$196.8M	$165.5M
Long-term debt	—	—	—	$7.28M	$23.7M
Shareholders' equity	$542.5M	$607.7M	$348.2M	$266.3M	$437.4M
Cash flow
Operating cash flow	$202.3M	−$182.6M	−$123.6M	−$199.3M	−$271.2M
Capital expenditure	$5.64M	$17.7M	$3.31M	$19.3M	$24.6M
Free cash flow	$196.6M	−$200.3M	−$126.9M	−$218.6M	−$295.8M
Share buybacks	$16.1M	$37.4M	—	—	$5.00M

From Canaan's 20-F filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Per-share figures are per ordinary share, which is not always the share traded in the US: an ADS can stand for several, or for part of one. Filings on SEC EDGAR →