Canaan annual gross margin
2019
2020
2021
2022
2023
2024
2025
Canaan's gross margin was 7.77% for fiscal 2025.
View full Canaan company overview| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 7.77% | +39.08 pp |
| 2024 | 2024-12-31 | −31.31% | +82.55 pp |
| 2023 | 2023-12-31 | −113.86% | −149.20 pp |
| 2022 | 2022-12-31 | 35.35% | −21.82 pp |
| 2021 | 2021-12-31 | 57.17% | +48.73 pp |
| 2020 | 2020-12-31 | 8.44% | +44.71 pp |
| 2019 | 2019-12-31 | −36.27% | — |
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|
Over the last five reported fiscal years, Canaan's gross margin decreased from 8.44% to 7.77%, a change of −0.67 percentage points.
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Canaan filings at SEC.gov ↗