CAN
Canaan Inc.
NASDAQ · SGTechnologyComputer Hardware
$0.27-1.92%
Price as of Jul 20, 2026
CAN financials
Canaan Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $529.7M | $269.3M | $211.5M | $4.5B |
| Cost of revenue | $488.6M | $353.6M | $452.3M | $2.9B |
| Gross profit | $41.2M | -$84.3M | -$240.8M | $1.6B |
| Operating expenses | $153.4M | $142.8M | $170.1M | $1.3B |
| Operating income | -$112.2M | -$227.1M | -$410.9M | $348.2M |
| Net income | -$210.3M | -$249.8M | -$414.2M | $478.8M |
| EBITDA | -$75.2M | -$143.3M | -$330.1M | $526.7M |
| Basic EPS | $-0.45 | $-0.92 | $-2.40 | $2.85 |
| Diluted EPS | $-0.45 | $-0.92 | $-2.40 | $2.85 |
| Balance sheet | ||||
| Cash & equivalents | $80.8M | $96.5M | $96.2M | $695.8M |
| Total assets | $602.9M | $463.0M | $493.3M | $4.7B |
| Total liabilities | $165.5M | $196.8M | $145.1M | $529.6M |
| Stockholders’ equity | $437.4M | $266.3M | $348.2M | $4.2B |
| Total debt | $54.9M | $95.0M | $1.4M | $25.7M |
| Net debt | -$25.9M | -$1.5M | -$94.7M | -$670.1M |
| Cash flow | ||||
| Operating cash flow | $0.00 | -$199.3M | -$123.6M | -$11.8B |
| Capital expenditure | $0.00 | -$19.3M | -$3.3M | -$663.3M |
| Free cash flow | $0.00 | -$218.6M | -$126.9M | -$12.5B |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | $0.00 | $0.00 | $0.00 | -$1.9B |