Canaan Inc. (CAN) stock

CANNasdaqFinance ServicesFiscal year ends December 31

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 15, 2026Score 6/30

$0.15−0.01 (-3.97%)

Close on Nov 13, 2026Market cap $110.94MP/E –Yield –

Canaan r&d expenses

Research and development expenses are spending on new products and technology.

For fiscal 2025 it was $63.15M, up 3.0% from the year before. The highest annual figure on record is $81.76M in fiscal 2022.

Period	Period end	Value	Change
FY2025	Dec 31, 2025	$63.15M	+3.0%
FY2024	Dec 31, 2024	$61.32M	-5.4%
FY2023	Dec 31, 2023	$64.85M	-20.7%
FY2022	Dec 31, 2022	$81.76M	+56.7%
FY2021	Dec 31, 2021	$52.17M	+143.1%
FY2020	Dec 31, 2020	$21.46M	-11.6%
FY2019	Dec 31, 2019	$24.27M	–

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is CAN.

Revenue growth96.7% · median 3.5%

Operating margin-21.2% · median -188.5%

Net margin-39.7% · median -202.6%

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