CANAAN INC

CANNASDAQ

🏆 #2940 by market capEarnings Aug 13US Equity

$0.20▼ $0.00 (−0.85%)

Market closed · at close

1h—

24h▼ 0.8%

7d▼ 0.5%

14d▼ 14.6%

30d▼ 34.2%

1y▼ 73.3%

🏦Market Cap

$2.29B

Small Cap

📈Revenue Growth (YoY)

-51.8%

Declining

📊Gross Margin

2.0%

Thin

💵FCF Margin

—

⚖️P/S Ratio

0.4x

Cheap

Otter Score

Weak

Trading Snapshot

Day Range: $0.20 – $0.20
52-Week Range: $0.15 – $2.22
Volume: $6.25B
Avg Volume: $6.30B
Shares Outstanding: 11.55B
Next Earnings: Sep 19, 2026

Fundamentals Snapshot

Annual Revenue: $530M
Last Q Revenue: $63M
P/E Ratio: —
P/S Ratio: 0.4x
EPS (TTM): $-0.03
Dividend Yield: —

Why Investors Own CAN

✓High-growth profile — revenue up +10.2% YoY with expanding US Equity exposure.
✓Healthy economics — 31% gross margin and 28% free-cash-flow margin.
✓New products and segments could unlock additional revenue streams.

⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)

$530M▲ +6.3% YoY

Gross Margin (TTM)

30.7%▲ +0.1% YoY

Operating Income (TTM)

$141M▲ +6.3% YoY

Free Cash Flow (TTM)

$146M▲ +6.3% YoY

About CANAAN INC

Canaan Inc. operates as a holding company, primarily engaged in the design, production, and sale of Bitcoin mining hardware, in addition to supplying various associated services. A key focus for the company is the advancement and implementation of environmentally conscious mining practices. This firm was co-founded by Jia Xuan Li, Xiang Fu Liu, and Nan Geng Zhang on January 19, 2013, and its corporate headquarters are situated in Singapore.

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