NASDAQ$CAN
Canaan Inc · Q4 2025 earnings
Q4 2025 earnings · · Before market open · Investor relations
Briefing
Canaan reported Q4 2025, revenue of $529.7M, net loss of $210.3M.
For Q4 2025, Canaan reported revenue of $529.7M, a net loss of $210.3M. Management discusses segment performance, capital allocation, and macro risks in the quarterly filing.
- Revenue $529.7M.
- Net loss $210.3M.
- Canaan MD&A covers liquidity, operations, and outlook.
Headline financials
Revenue & EPS history
Canaan · Revenue · Quarterly
$530M
Revenue by segment
Canaan · $62.7M total across 3 segments · Q1 2026
- Products Revenue$42.9M—68.4%
- Mining Revenue$19.1M—30.5%
- Other Revenues$700K—1.1%
Forward guidance
The quarterly filing discusses operating priorities, capital returns, and sector risks; numeric multi-quarter bridges vary by issuer.
Tailwinds
- MD&A highlights liquidity, capital, and core business trends.
- Segment or product commentary supports the earnings narrative.
Headwinds
- Macro, rates, or input costs may pressure near-term margins.
- One-time items can affect year-over-year comparability.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2025
-2.3%
Avg return
Earnings day
-6.8%
Avg return
5 days after
-9.1%
Avg return
30 days after
36%
10 / 28 earnings
Positive
+24.2%
Q3 2025
Best reaction
-22.1%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -13.3% | -13.0% | -31.8% | |
| Q4 2025 | -6.9% | -19.1% | -15.5% | |
| Q3 2025 | +24.2% | +6.7% | -8.8% | |
| Q2 2025 | -4.6% | -22.2% | -48.3% | |
| Q1 2025 | -7.5% | -22.7% | -23.5% | |
| Q4 2024 | -13.0% | -18.7% | -22.9% | |
| Q3 2024 | +14.5% | +30.8% | +45.9% | |
| Q2 2024 | +3.3% | +19.6% | +28.6% | |
| Q1 2024 | +4.3% | -6.8% | -12.8% | |
| Q4 2023 | -6.1% | -17.3% | -22.8% | |
| Q3 2023 | -5.3% | -5.9% | +66.3% | |
| Q2 2023 | +1.0% | +0.0% | -12.6% | |
| Q1 2023 | -22.1% | -20.9% | -20.9% | |
| Q4 2022 | +0.0% | -7.2% | -0.8% | |
| Q3 2022 | +16.7% | +2.6% | -7.8% | |
| Q2 2022 | -5.9% | -10.7% | -18.2% | |
| Q1 2022 | -1.3% | -5.1% | +0.6% | |
| Q4 2021 | -7.6% | -7.8% | +4.8% | |
| Q3 2021 | +3.3% | -4.1% | -46.6% | |
| Q2 2021 | -15.5% | -20.6% | -29.1% | |
| Q1 2021 | +19.2% | +30.6% | -9.3% | |
| Q4 2020 | -21.7% | -27.1% | -47.2% | |
| Q3 2020 | -18.3% | -35.5% | -23.8% | |
| Q2 2020 | +5.6% | -2.5% | -5.1% | |
| Q1 2020 | -15.8% | -24.8% | -52.4% | |
| Q4 2018 | -3.5% | -9.3% | -4.6% | |
| Q4 2017 | -3.5% | -9.3% | -4.6% | |
| Q4 2019 | +14.5% | +30.7% | +67.3% | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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