Income Statement - Canaan Inc. (CAN)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | |
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 529.74 | 269.32 | 211.48 | 4,464.25 | 4,908.97 | 447.52 | 1,422,623.00 | 2,575.30 | 1,324.48 |
| Cost of revenue | 488.58 | 353.64 | 452.26 | 2,886.32 | 2,102.71 | 409.77 | 1,938.63 | 2,197.17 | 703.70 |
| Gross profit | 41.16 | -84.32 | -240.78 | 1,577.92 | 2,806.26 | 37.75 | -516.00 | 508.12 | 604.38 |
| Total operating expenses | 153.39 | 142.81 | 170.10 | 1,283.72 | 1,010.79 | 291.29 | 505.38 | 262.20 | 209.26 |
| Operating income | -112.23 | -227.13 | -410.88 | 294.20 | 1,797.59 | -240.02 | -1,053.28 | 252.74 | 60.88 |
| Non-operating income (net) | -95.26 | 54.86 | -54.61 | 311.06 | 219.33 | 36.67 | 18.77 | -62.12 | 0.54 |
| Income before tax | -207.49 | -172.27 | -465.49 | 605.26 | 2,016.93 | -203.35 | -1,034.51 | 190.62 | 61.42 |
| Income tax expense | 2.78 | 77.48 | -51.34 | 126.42 | 49.33 | -39.39 | -38.64 | 80.85 | 24.52 |
| Net income | -210.27 | -249.75 | -414.15 | 478.84 | 1,963.47 | -215.02 | -1,034.51 | 127.21 | 380.53 |
Show Quarterly Income Statement
Income Statement - Canaan Inc. (CAN)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 62.69 | 88.77 | 150.67 | 100.21 | 82.78 | 88.77 | 73.61 | 71.86 | 35.03 | 507.11 | 33.30 | 73.85 | 55.16 | 2,183.69 | 145.55 | 1,652.23 | 1,279.05 | 343.03 | 1,317.30 | 1,081.49 | 402.67 | 5.85 | 163.00 | 178.05 | 68.25 | 66.21 | 681.45 | 35.07 | 47.22 | 277.68 | 70.66 | 132.71 | 155.19 | 80.70 | 58.55 | 32.25 | 23.59 |
| Cost of revenue | 85.60 | 95.12 | 134.03 | 90.90 | 82.13 | 95.12 | 95.12 | 90.99 | 72.30 | 897.92 | 102.34 | 41.21 | 102.65 | 697.33 | 758.56 | 722.75 | 496.42 | 109.54 | 575.03 | 654.47 | 208.50 | 4.46 | 179.99 | 134.79 | 65.87 | 162.46 | 524.40 | 230.79 | 46.76 | 266.06 | 62.85 | 183.81 | 119.51 | 43.87 | 28.32 | 19.27 | 13.42 |
| Gross profit | -22.91 | -6.35 | 16.64 | 9.31 | 0.65 | -6.35 | -21.51 | -19.13 | -37.26 | -390.80 | -69.05 | -70.08 | -47.49 | 1,486.36 | 219.24 | 929.48 | 782.64 | 233.49 | 742.27 | 427.02 | 194.17 | 1.39 | -16.99 | 43.26 | 2.39 | -96.25 | 146.21 | 10.75 | 0.46 | 11.63 | 7.10 | -51.10 | 35.68 | 36.83 | 30.23 | 12.98 | 10.17 |
| Total operating expenses | 31.61 | 49.29 | 39.39 | 36.38 | 38.28 | 140.81 | 35.33 | 26.67 | 30.72 | -826.10 | 43.76 | 49.03 | 38.12 | 242.83 | 183.32 | 155.17 | 240.26 | 38.15 | 43.02 | 261.98 | 208.24 | 12.26 | 70.83 | 62.11 | 44.02 | 18.13 | 71.03 | 271.90 | 55.24 | 78.19 | 17.06 | 15.00 | 13.69 | 14.34 | 4.46 | 5.80 | 6.18 |
| Operating income | -54.51 | -55.64 | -22.75 | -27.07 | -37.63 | -52.05 | -56.85 | -46.60 | -67.93 | -891.97 | -112.77 | -119.10 | -85.56 | 1,212.75 | -42.58 | 668.80 | 85.48 | 190.51 | 463.17 | 165.45 | -13.66 | -10.87 | -92.83 | -18.89 | -72.24 | -800.26 | 74.74 | -39.05 | -58.01 | -8.64 | -8.57 | -66.10 | 21.99 | 22.49 | 25.78 | 7.18 | 3.99 |
| Non-operating income (net) | -34.05 | 48.04 | -4.54 | 16.79 | -48.10 | 44.45 | -25.44 | 2.81 | 29.34 | 85.31 | 12.29 | 2.98 | -1.04 | 33.05 | 103.07 | 119.03 | 0.56 | 5.19 | 94.29 | 79.79 | 13.85 | -0.16 | 6.47 | 2.19 | 31.67 | 686.18 | 21.42 | 0.85 | -9.85 | -3.47 | -2.16 | 7.75 | 6.41 | 0.04 | 0.25 | 0.22 | 0.01 |
| Income before tax | -88.56 | -7.60 | -27.28 | -10.29 | -85.73 | -7.60 | -82.29 | -43.79 | -38.59 | -806.67 | -100.48 | -116.13 | -86.60 | 1,245.80 | 60.49 | 787.83 | 86.04 | 195.70 | 557.46 | 245.24 | 0.18 | -11.03 | -86.36 | -16.71 | -40.57 | -114.08 | 96.15 | -38.20 | -67.86 | -12.11 | -10.73 | -58.35 | 28.41 | 22.53 | 26.02 | 7.41 | 4.00 |
| Income tax expense | 0.19 | 85.30 | 0.50 | 0.77 | 0.71 | -6.71 | -1.91 | 0.80 | -24.31 | -20.43 | -5.46 | -2.34 | 49.74 | -1.07 | 170.10 | 140.88 | 7.81 | 0.00 | 0.34 | 0.01 | -0.01 | 0.00 | 0.07 | -0.64 | -14.64 | 14.67 | 2.69 | 12.48 | -55.35 | -0.91 | 7.10 | 11.13 | 1.51 | 1.31 | 0.36 | 0.57 | |
| Net income | -88.75 | -92.90 | -27.78 | -11.06 | -86.43 | -92.90 | -75.58 | -41.88 | -39.33 | -610.54 | -80.05 | -110.67 | -84.26 | 1,196.06 | 63.67 | 608.76 | 412.64 | 187.89 | 557.46 | 244.90 | 1.20 | -11.01 | -86.39 | -16.78 | -39.93 | -114.08 | 96.15 | -264.91 | -67.86 | -27.35 | -9.83 | -65.45 | 17.28 | 21.02 | 24.71 | 7.05 | 3.43 |