Canaan Inc. (CAN)

NASDAQ: CAN · Real-Time Price · USD

0.69

-0.01 (-1.93%)

At close: May 01, 2025, 3:59 PM

0.72

4.62%

Pre-market: May 02, 2025, 09:21 AM EDT

Canaan Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Revenue	269.32M	211.48M	656.32M	771.14M	68.58M	1.42B	2.71B	1.31B
Cost of Revenue	353.64M	452.26M	424.34M	330.31M	62.8M	1.94B	2.2B	703.7M
Gross Profit	-84.32M	-240.78M	231.98M	440.83M	5.79M	-516M	508.12M	604.38M
Operating Income	-227.13M	-410.88M	43.25M	282.38M	-38.89M	-1.05B	243.25M	397.44M
Interest Income	536K	956K	2.39M	1.17M	828.76K	13.13M	45.67M	5.84M
Pretax Income	-172.27M	-465.49M	88.98M	316.19M	-32.95M	-1.03B	200.24M	400.97M
Net Income	-249.75M	-414.15M	70.4M	308.44M	-32.95M	-1.03B	122.43M	375.82M
Selling & General & Admin	77.4M	79.42M	98.43M	106.39M	23.22M	369.55M	185.41M	145.99M
Research & Development	61.32M	64.84M	82.36M	52.06M	21.45M	168.98M	189.68M	99.77M
Other Expenses	4.09M	25.83M	n/a	n/a	n/a	n/a	n/a	n/a
Operating Expenses	142.81M	170.1M	145.39M	125.82M	39.56M	505.38M	262.2M	209.26M
Interest Expense	521K	n/a	n/a	n/a	549.03K	2.86M	7.71M	n/a
Selling & Marketing Expenses	5.71M	8.18M	9.48M	15.52M	3.06M	21.92M	38.73M	20.72M
Cost & Expenses	496.45M	622.36M	569.72M	456.13M	102.36M	2.44B	2.46B	912.96M
Income Tax Expense	77.48M	-51.34M	18.59M	7.75M	n/a	n/a	77.81M	25.15M
Shares Outstanding (Basic)	271.49M	171.92M	171.92M	171.71M	156.38M	143.53M	131.86M	131.45M
Shares Outstanding (Diluted)	271.49M	171.95M	171.86M	171.74M	156.38M	143.54M	131.88M	131.44M
EPS (Basic)	-0.92	-2.41	0.41	1.84	-0.21	-1.04	0.14	0.44
EPS (Diluted)	-0.92	-2.41	0.41	1.80	-0.21	-1.04	0.13	0.44
EBITDA	-143.33M	-330.11M	84.51M	285.16M	-34.11M	-1.02B	38.73M	62.81M
EBIT	-171.75M	-385.05M	50.82M	282.97M	-32.37M	-144.99M	36.82M	61.42M
Depreciation & Amortization	28.42M	59.64M	33.94M	2.18M	4.79M	34.16M	13.14M	9.08M