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    C

    Canaan Inc (CAN)

    Official site

    TECHNOLOGY • COMPUTER HARDWARE • NASDAQ

    $0.19
    +0.01 (+2.76%)

    Market Cap: $132.40M

    Last updated: Nov 06, 2026 at 4:36 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    53%(10/19)
    Avg Surprise
    -164.89%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$-0.07
    Range$-0.11 - $-0.03
    3 analysts
    EPS Revisions
    3
    0
    7d
    3
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$-0.15+54.5%
    60d ago$-0.15+54.5%
    30d ago$-0.15+55.5%
    7d ago$-0.06-11.2%
    Current$-0.07
    Revenue Consensus
    $14M
    Range$11M - $15M
    5 analysts
    Period ending Dec 31, 2026
    EPS Consensus$-0.08
    Range$-0.20 - $-0.01
    3 analysts
    Revenue Consensus
    $28M
    Range$7M - $45M
    5 analysts
    Last 12 of 35 reported quarters and 2 upcoming estimates
    PeriodReportedEst.RangeSurpriseB/MAnalystsRevisionsYoY
    Dec 26EST
    		-$-0.08$-0.20 - $-0.01--3--
    Sep 26EST
    		-$-0.07$-0.11 - $-0.03--3
    3
    0
    30d
    		-
    Jun 26
    Reported Sep 3
    		$-0.12$-0.10$-0.32 - $-0.06-20.00%Miss3
    No revisions (30d)
    		-500.0%
    Mar 26
    Reported May 19
    		$-0.13$-0.07$-0.07 - $-0.07-85.71%Miss1
    No revisions (30d)
    		+13.3%
    Dec 25
    Reported Feb 10
    		$-0.09$-0.01$-0.04 - $0.01-800.00%Miss5
    No revisions (30d)
    		+72.7%
    Sep 25
    Reported Nov 18
    		$-0.36$-0.01$-0.03 - $0.01-3500.00%Miss2
    1
    0
    30d
    		-3500.0%
    Jun 25
    Reported Aug 14
    		$0.03N/A-+137.50%Beat2
    1
    0
    30d
    		+400.0%
    Mar 25
    Reported May 20
    		$-0.15$-0.07--114.29%Miss2
    No revisions (30d)
    		-1400.0%
    Dec 24
    Reported Feb 25
    		$-0.33$-0.08$-0.10 - $-0.01-312.50%Miss3
    No revisions (30d)
    		-10.0%
    Sep 24
    Reported Nov 20
    		$-0.01N/A-+92.31%Beat3
    No revisions (30d)
    		+97.6%
    Jun 24
    Reported Aug 15
    		$-0.01$-0.02$-0.02 - $-0.02+50.00%Beat1
    No revisions (30d)
    		+75.0%
    Mar 24
    Reported May 17
    		$-0.01N/A-+75.00%Beat0
    No revisions (30d)
    		+66.7%
    Dec 23
    Reported Feb 27
    		$-0.30$0.60$0.60 - $0.60-150.00%Miss1
    No revisions (30d)
    		-1400.0%
    Sep 23
    Reported Nov 28
    		$-0.41$0.49$0.49 - $0.49-183.67%Miss1
    No revisions (30d)
    		-392.9%

    Dividends

    Last ex-dividend: Nov 15, 2021

    Dividend Metrics

    Forward Yield0.00%
    Forward Annual Dividend$0.00
    FrequencySpecial

    Key Metrics

    Valuation
    P/E Ratio-0.27EV/EBITDAN/A
    Price/FCF-0.94xFCF Yield-106.40%
    Profitability
    Profit Margin-67.80%Operating Margin-192.00%
    ROE-97.10%ROIC-30.92%
    Financial Health
    Debt/Equity0.20xInterest Coverage-53.19x
    Current Ratio2.86xQuick Ratio1.67x
    Trading Statistics
    Beta2.58Avg Volume6.71M
    52-Week High$1.2852-Week Low$0.15

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$0.21
    SMA 20$0.22
    SMA 50$0.30
    SMA 200$0.39
    EMA 10$0.21
    EMA 20$0.23
    EMA 50$0.27
    EMA 200$0.41

    MACD

    Line: -0.03Signal: -0.03Hist: -0.00

    ADX

    ADX: 30.3+DI: 13.0-DI: 32.5

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down96.0
    PSAR$0.22

    Bollinger Bands

    Upper Band$0.28
    Lower Band$0.17
    %B Position4939%(Upper)
    Band Width0.15

    RSI (14-Day)

    Neutral
    30.4

    Momentum Oscillators

    Stoch %K17.0
    Stoch %D16.6
    Williams %R-83.3
    ROC (10d)-14.3%
    Momentum-0.03
    CCI (20d)-134.3
    MFI (14d)27.6

    Volatility Measures

    ATR (14d)$0.02(12.4%)
    StdDev (20d)0.03
    Hist Vol78.1%(High)

    Volume Flow

    VWAP$0.18
    OBV-456.4M
    AD Line-920.1M
    CMF (20d)-0.100

    Volume Metrics

    Avg Vol (20d)6.5M
    Vol Ratio1.0x
    VWMA (20d)$0.22

    Pivot Points

    R3$0.23
    R2$0.22
    R1$0.20
    Pivot Point$0.19
    S1$0.17
    S2$0.16
    S3$0.14

    Advanced Oscillators

    TSI-37.62
    Ultimate Osc39.2
    KST-339.58

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$31.91M$62.69M$88.77M$150.67M$100.21M$82.78M$88.77M$73.61M$71.86M$35.03M$507.11M$33.30M
    Cost of Revenue$61.30M$85.60M$95.12M$134.03M$90.90M$82.13M$95.12M$95.12M$90.99M$72.30M$837.82M$102.34M
    Gross Profit$-29,381,469$-22,906,000$-6,351,000$16.64M$9.31M$646,000$-6,352,000$-21,511,000$-19,130,000$-37,263,780$-445,896,000$-69,045,843
    Operating Expenses$31.91M$31.61M$49.29M$39.39M$36.38M$38.27M$140.81M$35.33M$27.47M$30.72M$-826,101,000$43.76M
    R&D$14.89M$15.39M$16.57M$16.36M$16.41M$18.95M$16.57M$14.76M$14.65M$15.32M$869.80M$17.14M
    SG&A$15.08M$15.02M$27.78M$17.96M$16.36M$16.91M$29.12M$12.39M$10.45M$14.28M$162.01M$16.22M
    Operating Income$-61,288,104$-54,511,000$-55,641,000$-22,746,029$-27,070,000$-37,629,000$-52,046,000$-56,845,000$-46,599,000$-67,930,752$-363,504,660$-112,773,877
    Interest Income$0$150,000$39,000$94,000$76,000$57,000$107,000$158,000$66,000$205,000$229,000$61,000
    Interest Expense$492,812$929,000$260,000$403,532$385,000$351,000$260,000$247,000$14,000$14,000$0$0
    Income Before Tax$-96,503,197$-88,558,000$-7,601,000$-27,284,020$-10,285,000$-85,726,000$-7,601,000$-82,288,000$-43,790,000$-38,592,359$-329,098,389$-100,481,739
    Income Tax Expense$1.27M$190,000$85.30M$495,654$773,000$705,000$0$-6,710,000$-1,910,000$800,641$-24,309,218$-20,429,934
    Net Income$-97,768,284$-88,748,000$-92,902,000$-27,779,675$-11,058,000$-86,431,000$-92,902,000$-75,578,000$-41,880,000$-39,326,281$-614,550,446$-80,051,804
    EBITDA$-54,083,219$-87,850,000$697,000$-12,896,792$1.69M$-77,851,303N/A$-50,103,976$-38,132,602$-61,184,169$-601,227,257$-98,718,251
    EBIT$-61,288,104$-14,908,780$-7,341,000$-26,880,488$-9,900,000$-85,375,000N/A$-57,618,160$-43,776,000$-68,046,000$120.10M$-107,155,000
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

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    CAN Valuation and Fair Value

    P/E
    -0.3x
    Forward P/E
    2.5x
    P/FCF
    -0.9x
    P/B
    3.1x
    See GNG's fair value

    CAN Profitability: Margins, ROIC and FCF

    Gross margin
    -13.1%
    Operating margin
    -192.0%
    Net margin
    -67.8%
    ROIC
    -30.9%
    ROE
    -97.1%
    FCF margin
    -2145.0%
    FCF yield
    -106.4%

    CAN Competitors

    CompanyTicker
    Tucows Inc.TCX
    ZenaTech Inc.ZENA
    QuickLogic CorporationQUIK
    Santech Holdings LimitedSTEC
    BitVentures LimitedBVC
    ReposiTrakTRAK
    USBC, Inc.USBC
    GSI Technology IncGSIT

    Sector: Technology

    CAN Analyst Ratings

    Consensus
    Buy
    Analysts
    6
    Strong Buy
    0
    Buy
    6
    Hold
    0
    Sell
    0
    Strong Sell
    0

    CAN Bull Case vs Bear Case

    Bull case

    • 100.0% of CAN's analyst ratings are Buy or Strong Buy.

    Bear case

    • CAN has a -67.8% net profit margin.
    • CAN beat EPS estimates in 25.0% of its last 8 reported quarters.
    • CAN's quarterly revenue changed -68.2% year over year.

    CAN Earnings: Beat Rate and Next Report

    Beat rate
    2 of 8 quarters (25.0%)
    Average surprise
    -575.3%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $-0.07
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    3 up, 0 down

    CAN Dividend

    Forward yield
    0.0%

    CAN Earnings Date

    CAN reports Nov 16, 2026, before the open. The date is estimated.

    CAN Earnings Call

    The latest CAN earnings call transcript on file is labeled 2026Q2.

    Read the 2026Q2 transcript

    CAN ETF Holders

    GNG tracks 2 ETFs that hold CAN. The largest weights:

    1. Invesco Alerian Galaxy Crypto Economy ETF (SATO), 1.61% of the fund
    2. Schwab Crypto Thematic ETF (STCE), 0.52% of the fund
    Open the ETF Stock Exposure tool for CAN

    Frequently Asked Questions About CAN

    When does CAN report earnings?

    Canaan Inc (CAN) is expected to report earnings on Nov 16, 2026.

    Does CAN pay dividends?

    Canaan Inc (CAN) has a dividend payment track record. See the CAN dividend history page for its current payment status, TTM yield, and recorded payments.

    What is CAN's market cap?

    Canaan Inc (CAN) has a market capitalization of $132.40M with a current stock price of $0.19.

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    Sector: Technology

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