CAN
Income statement / Annual
Last year (2025), Canaan Inc's total revenue was $529.74 M,
an increase of 96.69% from the previous year.
In 2025, Canaan Inc's net income was -$210.27 M.
See Canaan Inc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
| Operating Revenue |
$529.74 M |
$269.32 M |
$211.48 M |
$651.53 M |
$771.14 M |
$68.58 M |
$1.42 B |
$2.71 B |
$1.31 B |
| Cost of Revenue |
$488.58 M
|
$353.64 M
|
$452.26 M
|
$424.34 M
|
$330.31 M
|
$62.80 M
|
$1.94 B
|
$2.20 B
|
$703.70 M
|
| Gross Profit |
$41.16 M
|
-$84.32 M
|
-$240.78 M
|
$230.29 M
|
$440.83 M
|
$5.79 M
|
-$516.00 M
|
$508.12 M
|
$604.38 M
|
| Gross Profit Ratio |
0.08
|
-0.31
|
-1.14
|
0.35
|
0.57
|
0.08
|
-0.36
|
0.19
|
0.46
|
| Research and Development Expenses |
$63.15 M
|
$61.32 M
|
$64.85 M
|
$82.36 M
|
$52.06 M
|
$21.45 M
|
$168.98 M
|
$189.68 M
|
$99.77 M
|
| General & Administrative Expenses |
$68.07 M
|
$71.69 M
|
$71.25 M
|
$88.73 M
|
$90.87 M
|
$20.09 M
|
$347.03 M
|
$146.68 M
|
$125.26 M
|
| Selling & Marketing Expenses |
$13.59 M
|
$5.71 M
|
$8.18 M
|
$9.41 M
|
$15.52 M
|
$3.06 M
|
$21.92 M
|
$38.73 M
|
$20.72 M
|
| Selling, General & Administrative Expenses |
$81.65 M
|
$77.40 M
|
$79.42 M
|
$97.72 M
|
$106.39 M
|
$23.22 M
|
$369.55 M
|
$185.42 M
|
$145.99 M
|
| Other Expenses |
$8.59 M
|
$4.09 M
|
$25.83 M
|
$7.28 M
|
$333.41 K
|
-$37.33 K
|
-$33.16 M
|
$0.00
|
$0.00
|
| Operating Expenses |
$153.39 M
|
$142.81 M
|
$170.10 M
|
$187.35 M
|
$158.78 M
|
$44.64 M
|
$505.38 M
|
$262.20 M
|
$209.26 M
|
| Cost And Expenses |
$641.96 M
|
$496.45 M
|
$622.36 M
|
$608.59 M
|
$489.79 M
|
$107.38 M
|
$2.44 B
|
$2.46 B
|
$912.96 M
|
| Interest Income |
$266.70 K
|
$536.00 K
|
$956.00 K
|
$2.37 M
|
$1.13 M
|
$1.30 M
|
$550.68 K
|
$615.50 K
|
$5.84 M
|
| Interest Expense |
$1.97 M
|
$521.00 K
|
$0.00
|
$0.00
|
$0.00
|
$519.69 K
|
$2.86 M
|
$7.71 M
|
$0.00
|
| Depreciation & Amortization |
$28.42 M
|
$28.42 M
|
$59.64 M
|
$33.94 M
|
$2.18 M
|
$4.79 M
|
$34.16 M
|
$13.15 M
|
$9.08 M
|
| EBITDA |
-$75.22 M |
-$143.33 M |
-$330.11 M |
$76.87 M |
$285.16 M |
-$34.11 M |
-$110.83 M |
$38.73 M |
$62.81 M |
| EBITDA Ratio |
-0.14
|
-0.53
|
-1.56
|
0.12
|
0.37
|
-0.5
|
-0.08
|
0.01
|
0.05
|
| Operating Income Ratio |
-0.21
|
-0.84
|
-1.94
|
0.07
|
0.37
|
-0.57
|
-0.74
|
0.09
|
0.3
|
| Total Other Income/Expenses Net |
-$95.26 M
|
$54.86 M
|
-$54.61 M
|
$45.40 M
|
$34.45 M
|
$5.94 M
|
$904.71 M
|
$9.77 M
|
$345.85 M
|
| Income Before Tax |
-$207.49 M
|
-$172.27 M
|
-$465.49 M
|
$88.33 M
|
$316.83 M
|
-$32.95 M
|
-$1.03 B
|
$200.24 M
|
$400.97 M
|
| Income Before Tax Ratio |
-0.39
|
-0.64
|
-2.2
|
0.14
|
0.41
|
-0.48
|
-0.73
|
0.07
|
0.31
|
| Income Tax Expense |
$2.78 M
|
$77.48 M
|
-$51.34 M
|
$18.45 M
|
$7.75 M
|
$0.00
|
$0.00
|
$77.81 M
|
$25.15 M
|
| Net Income |
-$210.27 M
|
-$249.75 M
|
-$414.15 M
|
$69.88 M
|
$308.44 M
|
-$32.95 M
|
-$1.03 B
|
$122.43 M
|
$375.82 M
|
| Net Income Ratio |
-0.4
|
-0.93
|
-1.96
|
0.11
|
0.4
|
-0.48
|
-0.73
|
0.05
|
0.29
|
| EPS |
-0.45 |
-0.92 |
-2.4 |
0.41 |
1.8 |
-0.2 |
-1.04 |
0.14 |
0.44 |
| EPS Diluted |
-0.45 |
-0.92 |
-2.4 |
0.41 |
1.8 |
-0.2 |
-1.04 |
0.13 |
0.44 |
| Weighted Average Shares Out |
$468.82 M
|
$271.49 M
|
$171.92 M
|
$171.92 M
|
$171.71 M
|
$156.38 M
|
$143.53 M
|
$131.86 M
|
$131.45 M
|
| Weighted Average Shares Out Diluted |
$468.85 M
|
$271.49 M
|
$171.95 M
|
$171.86 M
|
$171.74 M
|
$156.38 M
|
$143.54 M
|
$131.88 M
|
$131.44 M
|
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