Canaan Inc. revenue

Canaan Inc.'s revenue was $530m in fiscal 2025, up 96.7% on the year before. Since fiscal 2019 ($204m) it has grown at a compound 17.2% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Canaan Inc.: revenue history, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	204	69	773	652	211	269	530
Growth on the year before	—	−66.4%	+>999%	−15.7%	−67.5%	+27.4%	+96.7%
Gross profit	−74	6	442	230	−241	−84	41
Gross margin	−36.3%	8.4%	57.2%	35.3%	—	−31.3%	7.8%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Electronic Equipment & Instruments: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Canaan Inc.	$530m	96.7%	—
Arlo Technologies, Inc.	$587m	15.6%	7.5%
Powerfleet, Inc.	$450m	15.1%	50.2%
3d Systems Corp	$388m	-6.2%	-9.0%
Ituran Location & Control Ltd.	$359m	6.8%	28.3%
Transcat Inc	$348m	20.9%	13.8%

Compare with peers

Head to head: ARLO vs CAN AIOT vs CAN CAN vs DDD

More: Electronic Equipment & Instruments stocks compared, Technology sector, rankings of US companies

Figures from Canaan Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Canaan Inc.