# Canaan Inc.: overview

CAN · Nasdaq · CIK 1780652 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/can.md) · [Financials](/companies/can/financials.md) · [Filings](/companies/can/filings.md) · [Insiders](/companies/can/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

Not reported.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [773](/filings/0001104659-24-048300.md) | [652](/filings/0001410578-25-000805.md) | [211](/filings/0001104659-26-043786.md) | [269](/filings/0001104659-26-043786.md) | [530](/filings/0001104659-26-043786.md) |
| Gross margin | % | [57.2%](/filings/0001104659-24-048300.md) | [35.3%](/filings/0001410578-25-000805.md) | [(113.9%)](/filings/0001104659-26-043786.md) | [(31.3%)](/filings/0001104659-26-043786.md) | [7.8%](/filings/0001104659-26-043786.md) |
| Operating margin | % | [36.6%](/filings/0001104659-24-048300.md) | [6.6%](/filings/0001410578-25-000805.md) | [(194.3%)](/filings/0001104659-26-043786.md) | [(84.3%)](/filings/0001104659-26-043786.md) | [(21.2%)](/filings/0001104659-26-043786.md) |
| Net margin | % | [40.0%](/filings/0001104659-24-048300.md) | [10.7%](/filings/0001410578-25-000805.md) | [(195.8%)](/filings/0001104659-26-043786.md) | [(92.7%)](/filings/0001104659-26-043786.md) | [(39.7%)](/filings/0001104659-26-043786.md) |
| Diluted EPS | $ per share | [12.00](/filings/0001104659-24-048300.md) | [2.71](/filings/0001410578-25-000805.md) | [(16.06)](/filings/0001104659-26-043786.md) | [(6.13)](/filings/0001104659-26-043786.md) | [(2.99)](/filings/0001104659-26-043786.md) |
| Free cash flow | $m | [197](/filings/0001104659-24-048300.md) | [(200)](/filings/0001410578-25-000805.md) | [(127)](/filings/0001104659-26-043786.md) | [(219)](/filings/0001104659-26-043786.md) | [(296)](/filings/0001104659-26-043786.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/can/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $11.6m | 40,400,450 |  | Added +11,839,448 |
| [Weiss Asset Management LP](/funds/1357550.md) | 2026-06-30 | $11.2m | 38,900,282 |  | Reduced −971,102 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $6.1m | 4,545,434 |  | Reduced −51,121 |
| [Galaxy Digital Inc.](/funds/1859392.md) | 2026-06-30 | $3.4m | 11,700,000 |  | Reduced −2,800,000 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $2.2m | 7,512,078 |  | Reduced −4,239,249 |
| [COMPASS ROSE ASSET MANAGEMENT, LP](/funds/1758811.md) | 2026-06-30 | $1.4m | 4,769,310 |  | New +4,769,310 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $1.2m | 4,187,157 |  | Reduced −153,247 |
| [MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.](/funds/1705339.md) | 2026-06-30 | $1.1m | 3,994,329 |  | Reduced −103,410 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $1.1m | 3,904,013 |  | Added +3,690,422 |
| [Vident Advisory, LLC](/funds/1744347.md) | 2026-06-30 | $1.1m | 3,649,969 |  | Added +509,364 |

## Recent filings

[All 265 filings](/companies/can/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-19 | 13:12 ET | [6-K](/filings/0001104659-26-116757.md) | Report of a foreign private issuer, period 2026-10-19 | 0001104659-26-116757 |
| 2026-10-15 | 13:10 ET | [6-K](/filings/0001104659-26-116011.md) | Report of a foreign private issuer, period 2026-10-15 | 0001104659-26-116011 |
| 2026-09-14 | 13:15 ET | [6-K](/filings/0001104659-26-107320.md) | Report of a foreign private issuer, period 2026-09-14 | 0001104659-26-107320 |
| 2026-09-11 | 20:01 ET | [6-K](/filings/0001104659-26-107048.md) | Report of a foreign private issuer, period 2026-09-11 | 0001104659-26-107048 |
| 2026-09-08 | 11:20 ET | [6-K](/filings/0001104659-26-105660.md) | Report of a foreign private issuer, period 2026-09-08 | 0001104659-26-105660 |
| 2026-08-17 | 13:13 ET | [6-K](/filings/0001104659-26-097615.md) | Report of a foreign private issuer, period 2026-08-17 | 0001104659-26-097615 |
| 2026-08-04 | 13:14 ET | [6-K](/filings/0001104659-26-090114.md) | Report of a foreign private issuer, period 2026-08-04 | 0001104659-26-090114 |
| 2026-07-15 | 13:11 ET | [6-K](/filings/0001104659-26-083751.md) | Report of a foreign private issuer, period 2026-07-15 | 0001104659-26-083751 |
| 2026-07-14 | 20:01 ET | [6-K](/filings/0001104659-26-083490.md) | Report of a foreign private issuer, period 2026-07-14 | 0001104659-26-083490 |
| 2026-07-06 | 21:25 ET | [6-K](/filings/0001104659-26-080834.md) | Report of a foreign private issuer, period 2026-07-06 | 0001104659-26-080834 |

## Latest annual report

[Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-043786.md), filed Apr 15, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1780652
- Tickers: CAN
- Exchange: Nasdaq
- SIC code: 6199 Finance Services
- State of incorporation: E9
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:47 ET. No prices; not investment advice.
