CANNasdaqFinance ServicesFiscal year ends December 31

Canaan Inc.

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 15, 2026

$0.23+0.00 (+0.48%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): –
Dividend yield: –

Canaan Inc. income statement

AnnualQuarterlyTTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31
Revenue	530	269	211	652	773	69	204	–	–
Cost of Revenue	489	354	452	421	331	63	278	–	–
Gross Profit	41	-84	-241	230	442	5.79	-74	–	–
Research & Development	63	61	65	82	52	21	24	–	–
Selling, General & Admin	82	77	79	98	107	23	53	–	–
Selling & Marketing	14	5.71	8.18	9.41	16	3.06	3.15	–	–
General & Administrative	68	72	71	88	91	20	50	–	–
Advertising Expenses	0.78	0.54	1.64	0.96	0.69	–	–	–	–
Operating Expenses	153	143	170	187	159	45	77	–	–
Operating Income	-112	-227	-411	43	283	-39	–	–	–
Interest Expense	1.97	0.52	–	–	–	0.55	2.88	–	–
Interest & Investment Income	0.27	0.54	0.96	2.37	1.13	0.48	0.55	–	–
Other Non-Operating Income	-0.34	-5.03	2.24	3.30	0.99	4.75	3.60	–	–
Asset Impairment Charges	10	11	21	0	0.00	0.38	–	–	–
Gain (Loss) on Investments	–	–	–	–	0.04	0.90	0.44	–	–
Gain (Loss) on Sale of Assets	1.58	7.22	-0.02	-0.19	-0.01	-0.02	–	–	–
Pretax Income	-207	-172	-465	88	317	-33	-149	–	–
Income Tax Expense	2.78	77	-51	18	7.77	0	–	–	–
Net Income incl. Noncontrolling Interests	-210	-250	-414	70	309	-33	-149	–	–
Net Income	-210	-250	-414	70	309	-33	-149	–	–
EPS (Basic)(per share)	-2.99	-6.13	-16.06	2.73	12.26	-1.41	-6.90	–	–
EPS (Diluted)(per share)	-2.99	-6.13	-16.06	2.71	12.00	-1.41	-6.90	–	–
Shares Outstanding (Basic, Weighted)(shares)	7,043	4,072	2,579	2,560	2,522	2,346	2,153	1,964	1,972
Shares Outstanding (Diluted, Weighted)(shares)	7,043	4,072	2,579	2,578	2,576	2,346	2,153	1,978	1,972

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 7.8%
Operating margin: -21.2%
Net margin: -39.7%
Return on equity, FY2025: -59.8%

Financial strength

Current ratio: 3.31
Debt to equity: 0.12
Debt to assets: 8.7%
Cash to current liabilities: 61.6%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –