Canaan Inc. (CAN)
NGM · Technology · Computer Hardware
$0.32
-3.32%
Closing price as of 2026-06-12 · Source: TEK2day Finance
Key Metrics
Market Cap
$231.9M
Shares Outstanding
724.7M
P/S (TTM)
0.5x
Exchange
NGM
Currency
USD
About Canaan Inc.
Canaan Inc. engages in the research and development, design, and sale of integrated circuits, and bitcoin mining equipment and related components. The company is involved in the assembly and distribution of mining equipment and spare parts; and mining business. It has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Ireland, Georgia, Brazil, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.
Quarterly Financials
| Metric | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 |
|---|---|---|---|---|
| Revenue | 100.2M | 150.5M | 196.3M | 62.7M |
| Gross Profit | 9.3M | 16.6M | 14.6M | -22.9M |
| Operating Income | -27.9M | -22.7M | -14.8M | -54.5M |
| Net Income | -11.1M | -27.7M | -85.0M | -88.7M |
| Diluted EPS | $-0.03 | $-0.05 | $-0.13 | $-0.13 |
Annual Financials
| Metric | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Revenue | 651.5M | 211.5M | 269.3M | 529.7M |
| Gross Profit | 230.3M | -240.8M | -84.3M | 41.2M |
| Operating Income | 50.8M | -385.0M | -223.0M | -103.6M |
| Net Income | 69.9M | -414.2M | -249.8M | -210.3M |
| Diluted EPS | $0.56 | $-2.41 | $-0.92 | $nan |