CAN - Company ID 0001780652
The table below shows Canaan Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $529.74M | $269.32M | $211.48M | $651.53M | $772.76M | $68.61M |
| Cost of revenue | $488.58M | $353.64M | $452.26M | $421.24M | $331.00M | $62.82M |
| Gross profit | $41.16M | -$84.32M | -$240.78M | $230.29M | $441.76M | $5.79M |
| R&D | $63.15M | $61.32M | $64.84M | $81.75M | $52.17M | $21.46M |
Canaan Inc. reported annual revenue of $529.74M for fiscal year 2025. That is up 96.7% from $269.32M in fiscal 2024. Over the 7 fiscal years shown, annual revenue grew from $204.35M (FY 2019) to $529.74M. Figures come from the company's audited annual reports as filed with the SEC.
Data parsed from SEC EDGAR XBRL filings. See the full market cap rankings.
| SG&A | $68.07M | $71.69M | $71.25M | $88.30M | $91.06M | $20.17M |
| Operating income | -$112.23M | -$227.13M | -$410.88M | $42.94M | $282.97M | -$38.91M |
| Income tax | $2.78M | $77.48M | -$51.34M | $18.45M | $7.76M | $0.00 |
| Net income | -$210.27M | -$249.75M | -$414.15M | $69.88M | $309.09M | -$32.96M |
| EPS (diluted) | -$2.99 | -$6.13 | -$16.06 | $2.71 | $12.00 | -$1.41 |