Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.7722
-0.0057 (-0.73%)
At close: Aug 15, 2025, 4:00 PM
0.7725
+0.0003 (0.04%)
After-hours: Aug 15, 2025, 7:59 PM EDT
Canaan Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2022 | FY 2021 | 2017 - 2020 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Mar '22 Mar 3, 2022 | Dec '21 Dec 31, 2021 | 2017 - 2020 |
| Operating Revenue | 268.28 | 223.23 | 176.9 | 618.89 | - | 768.14 | Upgrade
|
| Other Revenue | 77.08 | 46.09 | 34.58 | 32.64 | - | 4.62 | Upgrade
|
| Revenue | 345.36 | 269.32 | 211.48 | 651.53 | - | 772.76 | Upgrade
|
| Revenue Growth (YoY) | 82.40% | 27.35% | -67.54% | - | - | 1026.92% | Upgrade
|
| Cost of Revenue | 363.27 | 353.64 | 452.26 | 421.24 | - | 331.01 | Upgrade
|
| Gross Profit | -17.91 | -84.32 | -240.78 | 230.29 | - | 441.76 | Upgrade
|
| Selling, General & Admin | 90.68 | 77.4 | 79.42 | 97.72 | - | 106.61 | Upgrade
|
| Research & Development | 66.69 | 61.32 | 64.85 | 81.76 | - | 52.17 | Upgrade
|
| Other Operating Expenses | - | - | 4.71 | 7.88 | - | - | Upgrade
|
| Operating Expenses | 157.36 | 138.72 | 148.98 | 187.35 | - | 158.78 | Upgrade
|
| Operating Income | -175.27 | -223.04 | -389.76 | 42.94 | - | 282.97 | Upgrade
|
| Interest Expense | -1.24 | -0.52 | - | - | - | - | Upgrade
|
| Interest & Investment Income | 0.4 | 0.54 | 0.96 | 2.37 | - | 1.18 | Upgrade
|
| Currency Exchange Gain (Loss) | 5.79 | 14.14 | 12.31 | 35.94 | - | 2.24 | Upgrade
|
| Other Non Operating Income (Expenses) | 64.87 | 91.44 | -8.68 | 7.09 | - | 30.46 | Upgrade
|
| EBT Excluding Unusual Items | -105.46 | -117.46 | -385.17 | 88.33 | - | 316.85 | Upgrade
|
| Gain (Loss) on Sale of Assets | 8.59 | 7.22 | - | - | - | - | Upgrade
|
| Asset Writedown | -10.51 | -11.3 | -21.13 | - | - | - | Upgrade
|
| Other Unusual Items | -78.53 | -50.73 | -59.2 | - | - | - | Upgrade
|
| Pretax Income | -185.9 | -172.27 | -465.49 | 88.33 | - | 316.85 | Upgrade
|
| Income Tax Expense | 80.07 | 77.48 | -51.34 | 18.45 | - | 7.77 | Upgrade
|
| Net Income | -265.97 | -249.75 | -414.15 | 69.88 | - | 309.09 | Upgrade
|
| Net Income to Common | -265.97 | -249.75 | -414.15 | 69.88 | - | 309.09 | Upgrade
|
| Shares Outstanding (Basic) | 321 | 271 | 172 | 171 | - | 168 | Upgrade
|
| Shares Outstanding (Diluted) | 321 | 271 | 172 | 172 | - | 172 | Upgrade
|
| Shares Change (YoY) | 46.97% | 57.89% | 0.05% | - | - | 9.82% | Upgrade
|
| EPS (Basic) | -0.83 | -0.92 | -2.41 | 0.41 | - | 1.84 | Upgrade
|
| EPS (Diluted) | -0.83 | -0.92 | -2.41 | 0.41 | - | 1.80 | Upgrade
|
| Free Cash Flow | - | -218.57 | -126.93 | -200.35 | - | 196.64 | Upgrade
|
| Free Cash Flow Per Share | - | -0.81 | -0.74 | -1.17 | - | 1.15 | Upgrade
|
| Gross Margin | -5.19% | -31.31% | -113.86% | 35.35% | - | 57.17% | Upgrade
|
| Operating Margin | -50.75% | -82.82% | -184.30% | 6.59% | - | 36.62% | Upgrade
|
| Profit Margin | -77.01% | -92.73% | -195.84% | 10.73% | - | 40.00% | Upgrade
|
| Free Cash Flow Margin | - | -81.15% | -60.02% | -30.75% | - | 25.45% | Upgrade
|
| EBITDA | -145.68 | -194.63 | -330.11 | 76.63 | - | 285.16 | Upgrade
|
| EBITDA Margin | -42.18% | -72.27% | -156.10% | 11.76% | - | 36.90% | Upgrade
|
| D&A For EBITDA | 29.59 | 28.42 | 59.64 | 33.69 | - | 2.19 | Upgrade
|
| EBIT | -175.27 | -223.04 | -389.76 | 42.94 | - | 282.97 | Upgrade
|
| EBIT Margin | -50.75% | -82.82% | -184.30% | 6.59% | - | 36.62% | Upgrade
|
| Effective Tax Rate | - | - | - | 20.89% | - | 2.45% | Upgrade
|
| Revenue as Reported | 345.36 | 269.32 | 211.48 | 651.53 | - | 772.76 | Upgrade
|
| Advertising Expenses | - | 0.54 | 1.64 | 0.96 | - | 0.69 | Upgrade
|
Updated May 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.