Canaan annual net debt
2019
2020
2021
2022
2023
2024
2025
Canaan Net Debt Growth & History (CAN)
Canaan's net debt was −$25.9M for fiscal 2025.
View full Canaan company overviewCanaan annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$25.9M | $43.7M | — |
| 2024 | 2024-12-31 | −$69.6M | $25.1M | — |
| 2023 | 2023-12-31 | −$94.7M | $3.1M | — |
| 2022 | 2022-12-31 | −$97.8M | $318.6M | — |
| 2021 | 2021-12-31 | −$416.4M | −$364.1M | — |
| 2020 | 2020-12-31 | −$52.2M | $4.3M | — |
| 2019 | 2019-12-31 | −$56.5M | — | — |
Canaan quarterly net debt
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$5.5M | −$104.4M | — |
| Q1 2026 | 2026-03-31 | $13.1M | −$121.1M | −90.24% |
| Q4 2025 | 2025-12-31 | −$25.9M | $43.7M | — |
| Q3 2025 | 2025-09-30 | −$26.2M | — | — |
| Q2 2025 | 2025-06-30 | $98.9M | — | — |
| Q1 2025 | 2025-03-31 | $134.2M | — | — |
| Q4 2024 | 2024-12-31 | −$69.6M | $25.1M | — |
| Q4 2023 | 2023-12-31 | −$94.7M | $3.1M | — |
| Q4 2022 | 2022-12-31 | −$97.8M | $318.6M | — |
| Q4 2021 | 2021-12-31 | −$416.4M | −$364.1M | — |
| Q4 2020 | 2020-12-31 | −$52.2M | $4.3M | — |
| Q4 2019 | 2019-12-31 | −$56.5M | — | — |
Canaan net debt trends
Over the last five fiscal years, Canaan's net debt increased from −$52.2M to −$25.9M, a change of $26.3M. The latest reported quarter, Q2 2026, shows −$5.5M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. 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 ...