Canaan
Quarterly Financials
| Values in thousands | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
Revenue | $196,274 | $150,674 | $100,209 | $82,776 |
Gross Profit | 14,583 | 16,644 | 9,306 | 646 |
EBITDA | -69,280 | -12,897 | -368 | -77,972 |
EBIT | -83,766 | -26,880 | -9,900 | -85,496 |
Net Income | -85,035 | -27,779 | -11,058 | -86,431 |
Net Change In Cash | 196,274 | 150,674 | 100,209 | 82,776 |
Free Cash Flow | -325,767 | |||
Cash | 80,778 | 119,207 | 65,904 | 96,773 |
Basic Shares | 634,499 | 519,183 | 399,657 | 321,194 |
Annual Financials
| Values in thousands | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
Revenue | $529,735 | $269,324 | $211,477 | $651,526 |
Gross Profit | 41,158 | -84,320 | -240,780 | 230,287 |
EBITDA | -75,222 | -143,332 | -330,114 | 76,873 |
EBIT | -103,638 | -171,748 | -389,755 | 42,937 |
Net Income | -210,267 | -249,752 | -414,153 | 69,884 |
Net Change In Cash | 529,735 | 269,324 | 211,477 | 651,526 |
Free Cash Flow | -218,566 | -126,932 | -1,823,298 | |
Cash | 80,778 | 96,488 | 96,154 | 102,297 |
Basic Shares | 468,847 | 271,492 | 171,946 | 171,859 |
Earnings Calls
| Quarter | EPS |
|---|---|
2026-03-31 | $0 |
2025-12-31 | -$0.08 |
2025-09-30 | -$0.36 |
2025-06-30 | -$0.03 |
