Canaan annual gross profit
2019
2020
2021
2022
2023
2024
2025
Canaan Gross Profit Growth & History (CAN)
Canaan's gross profit was $41.2M for fiscal 2025.
View full Canaan company overviewCanaan annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $41.2M | $125.5M | — |
| 2024 | 2024-12-31 | −$84.3M | $156.5M | — |
| 2023 | 2023-12-31 | −$240.8M | −$471.1M | — |
| 2022 | 2022-12-31 | $230.3M | −$211.5M | −47.87% |
| 2021 | 2021-12-31 | $441.8M | $436.0M | +7530.97% |
| 2020 | 2020-12-31 | $5.8M | $79.9M | — |
| 2019 | 2019-12-31 | −$74.1M | — | — |
Canaan gross profit trends
Over the last five fiscal years, Canaan's gross profit increased from $5.8M to $41.2M, a change of $35.4M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Canaan source filings ↗Community posts
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 ...