S&P 500 7,500.58 ▲ 80.48 (+1.08%) DOW 51,564.70 ▲ 72.15 (+0.14%) NASDAQ 26,517.93 ▲ 496.28 (+1.91%) US Markets Closed â€ĸ 05:47 AM ET

CAN

Canaan Inc.

Price Chart
Latest Quote

$0.33

-0.00 (-0.67%)
Current Price
Previous Close $0.33
Open $0.34
Day High $0.34
Day Low $0.33
Volume 19,519,721
Fetched: 2026-06-19T09:47:45
Stock Information
Shares Outstanding 724.73M
Total Debt $56.55M
Cash Equivalents $43.45M
Revenue $509.65M
Net Income $-212.58M
Sector Technology
Industry Computer Hardware
Market Cap $244.97M
EPS (TTM) $-0.31
Exchange NGM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$269.85M
Sales$509.65M
Income$-212.58M
Book/sh$0.51
Cash/sh$0.06
Employees399
Financial Ratios
Quick Ratio1.15
Current Ratio3.34
Debt/Eq14.81
Returns & Margins
ROA-13.67%
ROE-67.86%
Gross Margin3.45%
Operating Margin-86.95%
Profit Margin-41.71%
Ownership
Insider Ownership9.11%
Institutional Ownership19.20%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E-1.46
P/S0.48
P/B0.64
Analyst Data
Recommendationnone
Target Price$1.69
Technical Indicators
SMA20$0.37
SMA50$0.45
SMA200$0.75
RSI28.13
ATR0.0276
Shares Float555.91M
Short Float8.91%
Short Ratio5.79
Volatility2.54
Rel Volume2.59
Performance History
Week-0.60%
Month-21.10%
Quarter-26.40%
6 Months-58.56%
YTD-57.27%
Year-49.85%
3 Years-85.11%
5 Years-96.23%
10 Years-96.34%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $0.33 29,351,000
2026-06-17 $0.33 7,303,100
2026-06-16 $0.34 8,913,000
2026-06-15 $0.35 11,431,900
2026-06-12 $0.32 9,633,100
2026-06-11 $0.33 8,767,000
2026-06-10 $0.32 7,666,700
2026-06-09 $0.33 14,909,900
2026-06-08 $0.35 7,725,000
2026-06-05 $0.36 18,835,700
2026-06-04 $0.39 8,676,300
2026-06-03 $0.38 9,425,200
2026-06-02 $0.39 7,213,700
2026-06-01 $0.41 8,743,000
2026-05-29 $0.41 9,418,900
2026-05-28 $0.41 10,007,800
2026-05-27 $0.40 14,805,700
2026-05-26 $0.40 11,009,100
2026-05-22 $0.41 9,820,000
2026-05-21 $0.41 12,576,900
2026-05-20 $0.44 9,129,000
2026-05-19 $0.42 19,957,200
About Canaan Inc.

Canaan Inc. engages in the research and development, design, and sale of integrated circuits, and bitcoin mining equipment and related components. The company is involved in the assembly and distribution of mining equipment and spare parts; and mining business. It has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Ireland, Georgia, Brazil, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $488,577,000 $353,644,000 $452,257,000 $421,239,000
Cost Of Revenue $488,577,000 $353,644,000 $452,257,000 $421,239,000
Total Revenue $529,735,000 $269,324,000 $211,477,000 $651,526,000
Operating Revenue $527,019,000 $267,255,000 $210,855,000 $651,420,000
Expenses
Interest Expense $1,966,000 $521,000 $0 $0
Total Expenses $633,373,000 $492,366,000 $596,526,000 $600,709,000
Other Income Expense $-102,151,000 $50,758,000 $-81,400,000 $35,145,000
Other Non Operating Income Expenses $5,629,000 $10,832,000 $2,240,000 $3,295,000
Net Non Operating Interest Income Expense $-1,700,000 $15,000 $956,000 $2,372,000
Interest Expense Non Operating $1,966,000 $521,000 $0 $0
Operating Expense $144,796,000 $138,722,000 $144,269,000 $179,470,000
Selling And Marketing Expense $13,585,000 $5,708,000 $8,175,000 $9,413,000
General And Administrative Expense $68,066,000 $71,691,000 $71,249,000 $88,302,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-210,267,000 $-249,752,000 $-414,153,000 $69,884,000
Net Interest Income $-1,700,000 $15,000 $956,000 $2,372,000
Interest Income $266,000 $536,000 $956,000 $2,372,000
Normalized Income $-125,120,800 $-281,293,540 $-339,713,400 $44,499,550
Net Income From Continuing And Discontinued Operation $-210,267,000 $-249,752,000 $-414,153,000 $69,884,000
Total Operating Income As Reported $-112,229,000 $-227,130,000 $-410,881,000 $42,937,000
Net Income Common Stockholders $-210,267,000 $-249,752,000 $-414,153,000 $69,884,000
Net Income $-210,267,000 $-249,752,000 $-414,153,000 $69,884,000
Net Income Including Noncontrolling Interests $-210,267,000 $-249,752,000 $-414,153,000 $69,884,000
Net Income Continuous Operations $-210,267,000 $-249,752,000 $-414,153,000 $69,884,000
Pretax Income $-207,489,000 $-172,269,000 $-465,493,000 $88,334,000
Special Income Charges $-8,591,000 $-4,088,000 $-25,832,000 $-7,880,000
Interest Income Non Operating $266,000 $536,000 $956,000 $2,372,000
Operating Income $-103,638,000 $-223,042,000 $-385,049,000 $50,817,000
Gross Profit $41,158,000 $-84,320,000 $-240,780,000 $230,287,000
Per Share
Diluted EPS $-0.45 $-0.92 $-2.41 $0.56
Basic EPS $-0.45 $-0.92 $-2.41 $0.56
Other
Tax Effect Of Unusual Items $-22,633,800 $8,384,460 $-9,200,400 $6,465,550
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-50,184,000 $-183,258,000 $-322,212,000 $90,173,000
Total Unusual Items $-107,780,000 $39,926,000 $-83,640,000 $31,850,000
Total Unusual Items Excluding Goodwill $-107,780,000 $39,926,000 $-83,640,000 $31,850,000
Reconciled Depreciation $47,559,000 $28,416,000 $59,641,000 $33,689,000
EBITDA (Bullshit earnings) $-157,964,000 $-143,332,000 $-405,852,000 $122,023,000
EBIT $-205,523,000 $-171,748,000 $-465,493,000 $88,334,000
Diluted Average Shares $468,847,764 $271,492,455 $171,946,840 $171,858,978
Basic Average Shares $468,847,764 $271,492,455 $171,946,840 $170,673,267
Diluted NI Availto Com Stockholders $-210,267,000 $-249,752,000 $-414,153,000 $69,884,000
Tax Provision $2,778,000 $77,483,000 $-51,340,000 $18,450,000
Gain On Sale Of Ppe $1,576,000 $7,215,000 $0 $0
Impairment Of Capital Assets $10,167,000 $11,303,000 $25,832,000 $7,880,000
Gain On Sale Of Security $-99,189,000 $44,014,000 $-57,808,000 $39,730,000
Research And Development $63,145,000 $61,323,000 $64,845,000 $81,755,000
Selling General And Administration $81,651,000 $77,399,000 $79,424,000 $97,715,000
Other Gand A $68,066,000 $71,691,000 $71,249,000 $88,302,000
Write Off - $0 $4,706,000 $7,880,000
Other Taxes - - - -
Fetched: 2026-06-13
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $436,679,000 $265,353,000 $348,187,000 $607,666,000
Total Assets $602,884,000 $463,011,000 $493,297,000 $684,961,000
Total Non Current Assets $169,594,000 $128,990,000 $129,617,000 $129,247,000
Other Non Current Assets $83,828,000 $62,297,000 $28,828,000 $12,531,000
Non Current Deferred Assets $191,000 $295,000 $66,809,000 $21,740,000
Non Current Deferred Taxes Assets $191,000 $295,000 $66,809,000 $21,740,000
Non Current Accounts Receivable $35,133,000 $19,057,000 - -
Investmentin Financial Assets $2,845,000 $2,782,000 $2,824,000 $2,872,000
Goodwill And Other Intangible Assets $689,000 $901,000 $0 -
Other Intangible Assets $689,000 $901,000 - -
Current Assets $433,290,000 $334,021,000 $363,680,000 $555,714,000
Other Current Assets $3,013,000 $3,448,000 $9,270,000 $1,936,000
Current Deferred Assets $2,724,000 $3,808,000 $7,546,000 $6,166,000
Prepaid Assets $36,142,000 $20,998,000 $50,023,000 $162,019,000
Inventory $180,816,000 $94,620,000 $142,287,000 $211,640,000
Receivables $129,817,000 $114,659,000 $58,400,000 $72,402,000
Other Receivables $52,699,000 $50,525,000 - -
Taxes Receivable $57,828,000 $62,620,000 $55,403,000 $72,402,000
Accounts Receivable $19,290,000 $1,514,000 $2,997,000 $0
Allowance For Doubtful Accounts Receivable $-92,000 $-1,093,000 - -
Gross Accounts Receivable $19,382,000 $2,607,000 - -
Cash Cash Equivalents And Short Term Investments $80,778,000 $96,488,000 $96,154,000 $101,551,000
Cash And Cash Equivalents $80,778,000 $96,488,000 $96,154,000 $101,551,000
Cash Equivalents - $96,488,000 $96,154,000 $101,551,000
Non Current Prepaid Assets - - $486,000 $2,504,000
Restricted Cash - - - $0
Debt
Total Debt $54,900,000 $94,988,000 $1,426,000 $3,755,000
Long Term Debt And Capital Lease Obligation $24,679,000 $8,980,000 $210,000 $1,441,000
Long Term Debt $23,731,000 $7,279,000 - -
Current Debt And Capital Lease Obligation $30,221,000 $86,008,000 $1,216,000 $2,314,000
Current Debt $28,515,000 $84,771,000 - -
Other Current Borrowings $28,515,000 $84,771,000 - -
Liabilities
Total Liabilities Net Minority Interest $165,516,000 $196,757,000 $145,110,000 $77,295,000
Total Non Current Liabilities Net Minority Interest $34,427,000 $18,188,000 $9,917,000 $2,039,000
Other Non Current Liabilities $370,000 - $516,000 $598,000
Non Current Deferred Liabilities $9,378,000 $9,208,000 $9,191,000 $0
Non Current Deferred Taxes Liabilities $117,000 $153,000 $0 -
Current Liabilities $131,089,000 $178,569,000 $135,193,000 $75,256,000
Other Current Liabilities $7,463,000 $5,413,000 $47,688,000 $6,923,000
Current Deferred Liabilities $14,883,000 $37,113,000 $26,799,000 $662,000
Payables And Accrued Expenses $70,472,000 $49,453,000 $37,906,000 $52,751,000
Payables $70,472,000 $49,453,000 $37,906,000 $52,751,000
Other Payable $26,739,000 $22,695,000 $19,679,000 $20,744,000
Total Tax Payable $18,133,000 $12,783,000 $11,982,000 $15,304,000
Income Tax Payable $11,403,000 $10,932,000 $3,534,000 $7,228,000
Accounts Payable $25,600,000 $13,975,000 $6,245,000 $16,703,000
Derivative Product Liabilities - - - $0
Current Notes Payable - - - -
Equity
Common Stock Equity $437,368,000 $266,254,000 $348,187,000 $607,666,000
Total Equity Gross Minority Interest $437,368,000 $266,254,000 $348,187,000 $607,666,000
Stockholders Equity $437,368,000 $266,254,000 $348,187,000 $607,666,000
Gains Losses Not Affecting Retained Earnings $-41,761,000 $-42,564,000 $-28,987,000 $-22,021,000
Other Equity Adjustments $-41,761,000 $-42,564,000 $-28,987,000 $-22,021,000
Retained Earnings $-660,757,000 $-450,490,000 $-219,631,000 $194,522,000
Other Equity Interest - - - $-145
Other
Treasury Shares Number $366,981,615 $229,281,465 $257,105,340 $308,136,735
Ordinary Shares Number $10,376,125,802 $5,364,163,022 $3,514,973,327 $2,496,001,757
Share Issued $10,743,107,417 $5,593,444,487 $3,772,078,667 $2,804,138,492
Tangible Book Value $436,679,000 $265,353,000 $348,187,000 $607,666,000
Invested Capital $489,614,000 $358,304,000 $348,187,000 $607,666,000
Working Capital $302,201,000 $155,452,000 $228,487,000 $480,458,000
Capital Lease Obligations $2,654,000 $2,938,000 $1,426,000 $3,755,000
Total Capitalization $461,099,000 $273,533,000 $348,187,000 $607,666,000
Treasury Stock $37,172,000 $57,055,000 $57,055,000 $57,055,000
Additional Paid In Capital $1,177,057,000 $816,363,000 $653,860,000 $492,220,000
Capital Stock $1,000 $0 $0 $0
Common Stock $1,000 $0 $0 $0
Non Current Deferred Revenue $9,261,000 $9,055,000 $9,191,000 $0
Long Term Capital Lease Obligation $948,000 $1,701,000 $210,000 $1,441,000
Current Deferred Revenue $14,883,000 $37,113,000 $26,799,000 $662,000
Current Capital Lease Obligation $1,706,000 $1,237,000 $1,216,000 $2,314,000
Current Provisions $8,050,000 $582,000 $21,584,000 $12,606,000
Investments And Advances $2,845,000 $2,782,000 $2,824,000 $2,872,000
Net PPE $46,908,000 $43,658,000 $31,156,000 $89,600,000
Accumulated Depreciation $-110,817,000 $-71,943,000 $-86,101,000 $-34,988,000
Gross PPE $157,725,000 $115,601,000 $117,257,000 $124,588,000
Leases $5,217,000 $5,051,000 $5,772,000 $4,805,000
Construction In Progress $4,369,000 $9,980,000 $0 $0
Other Properties $129,686,000 $84,572,000 $97,019,000 $107,337,000
Machinery Furniture Equipment $18,333,000 $15,878,000 $14,466,000 $12,446,000
Land And Improvements $120,000 $120,000 $0 -
Properties $0 $0 $0 $0
Finished Goods $57,504,000 $32,530,000 $31,324,000 $60,796,000
Work In Process $23,543,000 $5,566,000 $15,898,000 $37,538,000
Raw Materials $99,769,000 $56,524,000 $95,065,000 $113,306,000
Line Of Credit - - - -
Other Short Term Investments - - - -
Fetched: 2026-06-13
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-308,249,000 $-218,566,000 $-126,932,000 $-200,347,000
Operating Activities
Operating Cash Flow $-271,218,000 $-199,262,000 $-123,620,000 $-182,602,000
Cash Flow From Continuing Operating Activities $-271,218,000 $-199,262,000 $-123,620,000 $-182,602,000
Operating Gains Losses $8,374,000 $-12,801,000 $-15,419,000 $-1,644,000
Investing Activities
Capital Expenditure $-37,031,000 $-19,304,000 $-3,312,000 $-17,745,000
Investing Cash Flow $56,732,000 $60,973,000 $39,628,000 $-8,103,000
Cash Flow From Continuing Investing Activities $56,732,000 $60,973,000 $39,628,000 $-8,103,000
Financing Activities
Repurchase Of Capital Stock $-5,000,000 $0 $0 $-37,379,000
Issuance Of Capital Stock $221,460,000 $130,578,000 $92,425,000 $10,397,000
Financing Cash Flow $197,879,000 $139,747,000 $90,005,000 $-56,178,000
Cash Flow From Continuing Financing Activities $197,879,000 $139,747,000 $90,005,000 $-56,178,000
Net Other Financing Charges $-1,609,000 $-768,000 $-2,420,000 $-22,585,000
Net Preferred Stock Issuance $99,650,000 $129,810,000 $24,575,000 $0
Preferred Stock Issuance $99,650,000 $129,810,000 $24,575,000 $0
Net Common Stock Issuance $116,810,000 $768,000 $67,850,000 $-26,982,000
Common Stock Issuance $121,810,000 $768,000 $67,850,000 $10,397,000
Other
Repayment Of Debt $-16,972,000 $0 $0 $0
Issuance Of Debt $0 $9,937,000 $0 $0
Interest Paid Supplemental Data $1,338,000 $370,000 $0 $0
Income Tax Paid Supplemental Data $1,437,000 $52,000 $2,876,000 $45,421,000
End Cash Position $80,778,000 $96,488,000 $96,154,000 $101,551,000
Beginning Cash Position $96,488,000 $96,154,000 $101,551,000 $428,455,000
Effect Of Exchange Rate Changes $897,000 $-1,124,000 $-11,410,000 $-80,021,000
Changes In Cash $-16,607,000 $1,458,000 $6,013,000 $-246,883,000
Common Stock Payments $-5,000,000 $0 $0 $-37,379,000
Net Issuance Payments Of Debt $-16,972,000 $9,937,000 $0 $0
Net Long Term Debt Issuance $-16,972,000 $9,937,000 $0 $0
Long Term Debt Payments $-16,972,000 $0 $0 $0
Long Term Debt Issuance $0 $9,937,000 $0 $0
Net Intangibles Purchase And Sale $80,658,000 $71,494,000 $40,645,000 $9,642,000
Sale Of Intangibles $93,077,000 $71,494,000 $40,645,000 $9,642,000
Purchase Of Intangibles $-12,419,000 $0 $0 -
Net PPE Purchase And Sale $-23,926,000 $-10,521,000 $-1,017,000 $-17,745,000
Sale Of PPE $686,000 $8,783,000 $2,295,000 $0
Purchase Of PPE $-24,612,000 $-19,304,000 $-3,312,000 $-17,745,000
Change In Working Capital $-163,289,000 $-103,862,000 $16,110,000 $-412,505,000
Change In Other Working Capital $-15,112,000 $4,802,000 $19,026,000 $-198,733,000
Change In Other Current Liabilities $-1,025,000 $-2,624,000 $6,796,000 $-2,229,000
Change In Other Current Assets $-3,000 $-1,758,000 $2,008,000 $-2,032,000
Change In Payables And Accrued Expense $16,915,000 $-18,428,000 $-7,501,000 $92,900,000
Change In Accrued Expense $6,775,000 $-26,238,000 $6,332,000 $60,294,000
Change In Payable $10,140,000 $7,810,000 $-13,833,000 $32,606,000
Change In Account Payable $10,841,000 $7,222,000 $-10,237,000 $47,259,000
Change In Tax Payable $-701,000 $588,000 $-3,596,000 $-14,653,000
Change In Income Tax Payable $-701,000 $588,000 $-3,596,000 $-14,653,000
Change In Prepaid Assets $-8,082,000 $43,321,000 $122,471,000 $-70,304,000
Change In Inventory $-138,321,000 $-129,272,000 $-123,679,000 $-232,165,000
Change In Receivables $-17,661,000 $97,000 $-3,011,000 $58,000
Changes In Account Receivables $-17,661,000 $97,000 $-3,011,000 $58,000
Other Non Cash Items $-82,779,000 $-112,163,000 $-54,912,000 $-26,844,000
Stock Based Compensation $22,799,000 $30,916,000 $42,074,000 $63,015,000
Unrealized Gain Loss On Investment Securities $74,763,000 $30,154,000 $70,117,000 $-3,795,000
Provisionand Write Offof Assets $3,989,000 $2,982,000 $9,830,000 $10,903,000
Asset Impairment Charge $26,637,000 $113,765,000 $208,778,000 $92,486,000
Deferred Tax $996,000 $73,083,000 $-45,686,000 $-7,791,000
Deferred Income Tax $996,000 $73,083,000 $-45,686,000 $-7,791,000
Depreciation Amortization Depletion $47,559,000 $28,416,000 $59,641,000 $33,689,000
Depreciation And Amortization $47,559,000 $28,416,000 $59,641,000 $33,689,000
Amortization Cash Flow $212,000 $159,000 $0 $0
Amortization Of Intangibles $212,000 $159,000 $0 $0
Depreciation $47,347,000 $28,257,000 $59,641,000 $33,689,000
Gain Loss On Investment Securities $9,473,000 $-17,606,000 $-6,135,000 $-3,565,289
Net Foreign Currency Exchange Gain Loss $477,000 $12,020,000 $-9,302,000 $-2,007,000
Gain Loss On Sale Of PPE $-1,576,000 $-7,215,000 $18,000 $363,000
Net Income From Continuing Operations $-210,267,000 $-249,752,000 $-414,153,000 $69,884,000
Proceeds From Stock Option Exercised - $0 $0 $-6,611,000
Net Investment Purchase And Sale - - $0 $0
Sale Of Investment - - $0 $0
Purchase Of Investment - - $0 $0
Fetched: 2026-06-13