Canaan Operating Income Growth & History (CAN)
Canaan's operating income was −$112.2M for fiscal 2025.
View full Canaan company overviewCanaan annual operating income history
| Fiscal year | Period ended | Operating income | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$112.2M | $114.9M | — |
| 2024 | 2024-12-31 | −$227.1M | $183.8M | — |
| 2023 | 2023-12-31 | −$410.9M | −$453.8M | — |
| 2022 | 2022-12-31 | $42.9M | −$240.0M | −84.83% |
| 2021 | 2021-12-31 | $283.0M | $321.9M | — |
| 2020 | 2020-12-31 | −$38.9M | — | — |
Canaan quarterly operating income
| Fiscal quarter | Period ended | Operating income | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$70.5M | −$53.1M | — |
| Q1 2026 | 2026-03-31 | −$54.5M | −$16.4M | — |
| Q4 2025 | 2025-12-31 | −$14.8M | — | — |
| Q3 2025 | 2025-09-30 | −$22.7M | — | — |
| Q2 2025 | 2025-06-30 | −$17.4M | — | — |
| Q1 2025 | 2025-03-31 | −$38.1M | — | — |
Canaan operating income trends
Over the last five fiscal years, Canaan's operating income decreased from −$38.9M to −$112.2M, a change of −$73.3M. The latest reported quarter, Q2 2026, shows −$70.5M.
What operating income means
Operating income is the profit or loss a company generates from its core business after cost of revenue and operating expenses, but before non-operating items such as interest and income taxes.
SEC-reported operating income
TickerStat standardizes operating income reported in company SEC filings for aligned fiscal periods. It is not adjusted EBIT, an analyst estimate, or company guidance. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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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 ...