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CAN

Canaan·NASDAQ
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CAN fundamentals

Canaan (CAN) released its earnings on Nov 18, 2025: revenue was 150.48M (YoY +104.46%), beat estimates; EPS was -0.36 (YoY +80.22%), missed estimates.
Revenue / YoY
150.48M
+104.46%
EPS / YoY
-0.36
+80.22%
Report date
Nov 18, 2025
CAN Earnings Call Summary for Q3,2025
  • Revenue Surges: Q3 2025 revenue $150.5 million (+50.2% QoQ, +104.4% YoY), driven by North American recovery and Home series growth.
  • Home Series Dominance: 10.3% of product revenue with 33% gross margin, becoming a stable profit driver.
  • A16 Launch Momentum: First batch shipments Q4 2025, volume ramp Q1 2026, targeting 300 TH/s leadership.
  • Strategic Expansion: 50,000-unit A15 order with U.S. client, 9.3 exahash/s deployed, Bitcoin holdings 1,610 BTC.
  • Q4 Outlook: Guidance $175-205 million, focused on A16 preorder fulfillment and North American mining expansion.
EPS
Revenue

Revenue & Expenses

CAN has released its 2025 Q3 earnings report, with revenue of 150.48M, reflecting a YoY change of 104.43%, and net profit of -27.74M, showing a YoY change of 63.29%. The Sankey diagram below clearly presents CAN's revenue sources and cost distribution.

Key Indicators

Canaan (CAN) key financial stats and ratios, covering profitability, financial health, and leverage.
Canaan (CAN)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Canaan (CAN)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Canaan (CAN)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Canaan (CAN) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Canaan (CAN) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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Dividend Yield