Canaan annual gross margin
2019
2020
2021
2022
2023
2024
2025
Canaan Gross Margin Growth & History (CAN)
Canaan's gross margin was 7.77% for fiscal 2025.
View full Canaan company overviewCanaan annual gross margin history
| 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% | — |
Canaan gross margin trends
Over the last five fiscal years, Canaan's gross margin decreased from 8.44% to 7.77%, a change of −0.67 percentage points.
About the metric
What gross margin means
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.
Calculation and source
How gross margin is calculated
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 source filings ↗Community posts
Canaan sells its remaining ether holdings and directs cash toward buybacks
Canaan ($CAN) mined 44 bitcoin during its latest monthly reporting period and ended it with 1,868 BTC. The company sold all 3,952 ether in its treasury, together with 54 bitcoin, generating approximately $13.9 million. Average selling price ...
Canaan reports quarterly net loss of almost $98 million
Canaan ($CAN) generated $31.9 million in second-quarter 2026 revenue, including $17.7 million from mining. Its net loss widened to $97.6 million from $11.1 million a year earlier. Inventory write-downs, equipment impairments and a decline i ...
