Canaan Inc. (CAN) Earnings History
Net Loss9 years of earnings data (2017–2025) · Currently unprofitable on a TTM basis
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Canaan Inc. (CAN) Earnings Overview
As of June 23, 2026, Canaan Inc. (CAN) reported trailing twelve-month net income of -$210M, reflecting +51.1% year-over-year growth. The company earned $-0.33 per diluted share over the past four quarters, with a net profit margin of -39.7%.
Looking at the long-term picture, CAN's historical earnings data spans multiple years. The company achieved its highest annual net income of $376M in fiscal 2017.
Canaan Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including MARA (-$2.04B net income, -144.6% margin), RIOT (-$867M net income, -102.4% margin), CLSK (-$501M net income, 47.6% margin), CAN has outperformed on profitability metrics. Compare CAN vs MARA →
CAN Earnings vs Peers
Earnings metrics vs comparable public companies
CAN Historical Earnings Data (2017–2025)
9 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$210M | +15.8% | -$112M | $-0.45 | -39.7% | -21.2% |
| 2024 | -$250M | +39.7% | -$227M | $-0.92 | -92.7% | -84.3% |
| 2023 | -$414M | -692.6% | -$411M | $-2.40 | -195.8% | -194.3% |
| 2022 | $70M | -77.3% | $43M | $0.41 | 10.7% | 6.6% |
| 2021 | $308M | +1036.1% | $282M | $1.80 | 40.0% | 36.6% |
| 2020 | -$33M | +96.8% | -$39M | $-0.20 | -48.0% | -56.7% |
| 2019 | -$1.03B | -945.0% | -$1.05B | $-1.04 | -72.7% | -74.0% |
| 2018 | $122M | -67.4% | $243M | $0.13 | 4.5% | 9.0% |
| 2017 | $376M | - | $397M | $0.44 | 28.7% | 30.4% |
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Intrinsic Valuation
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CAN — Frequently Asked Questions
Quick answers to the most common questions about buying CAN stock.
What is CAN earnings per share (EPS)?
CAN trailing twelve-month (TTM) diluted EPS is $-0.33, reflecting +51.1% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2017 to 2025 is available in the table on this page.
What is Canaan Inc.'s net income?
Canaan Inc. (CAN) trailing twelve-month net income is $-210M as of 2025. Earnings grew +51.1% year-over-year.
Is CAN profitable?
CAN is not currently profitable on a TTM basis, reporting a net loss of $-210M. Net margin is -39.7%. Investors should monitor for a return to profitability.
What is CAN's earnings growth rate?
CAN compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2017 to 2025.
What are CAN's profit margins?
Canaan Inc. net profit margin is -39.7%, operating margin is -21.2%, and gross margin is +7.8%. Below-average margins reflect competitive or cost pressures. Return on Equity is -59.8%.
Is CAN growing earnings?
Yes, CAN earnings are accelerating — EPS growth of +51.1% exceeds the 5-year CAGR of N/A. TTM net income reached $-210M. Earnings momentum is strengthening.
What was CAN's best earnings year?
Canaan Inc.'s highest annual net income on record is $376M, achieved in fiscal year 2017. Earnings history on this page spans 2017 to 2025 and includes all annual and quarterly figures.
What were CAN's earnings last quarter?
CAN's most recent reported quarter was Q4 2025. Net income was $-85M with diluted EPS of $-0.13. For a full breakdown of all quarters, see the quarterly earnings table on this page.