Canaan Inc. (CAN) is a Finance: Consumer Services company listed on NASDAQ. In the last 30 days Quantisnow tracked 10 wire items for CAN, including 4 offerings, 3 SEC filings and 2 earnings updates. The most recent was published Nov 10, 2026.
Price$0.15-0.06 (-28.49%)
2026-08-132026-11-13
Financial highlights
Full financials- Revenue, FY2025
- $529.74M
- Revenue growth
- +96.7%
- Net income, FY2025
- -$210.27M
- Net margin
- -39.7%
- Free cash flow, FY2025
- -$295.83M
- Cash
- $80.78M
For fiscal 2025 (ended Dec 31, 2025), from SEC filings. Not investment advice.
News · 26 weeks48+167%
2026-05-172026-11-08
Mix2090d
- Offering10(50%)
- SEC Filings7(35%)
- Earnings2(10%)
- 13D/G1(5%)
Activity · 52 weeks9452 active days
Tap a day to see what happenedEarningsInsiderAnalystFilings and news
Latest news
25 items- 13D/GAmendment: SEC Form SCHEDULE 13G/A filed by Canaan Inc.SCHEDULE 13G/A - Canaan Inc. (0001780652) (Subject)
- SECSEC Form 6-K filed by Canaan Inc.6-K - Canaan Inc. (0001780652) (Filer)
- PRCanaan Inc. Announces New US$20 Million Share Repurchase Program Under US$100 Million Board AuthorizationNew authorization reflects confidence in the Company's strategic transformation and long-term prospectsSINGAPORE, Nov. 10, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced the launch of an initial share repurchase program of up to US$20 million under a broader US$100 million share repurchase authorization approved by its board of directors (the "Board"). The overall authorization is valid for a 12-month period beginning November 6, 2026, upon the Board's approval, providing the Company with flexibility to consider additional repurchases within the authorized limit. Nangeng Zhang, chairman and chief e
- PRCanaan Inc. Announces Plan to Implement ADS Ratio ChangeSINGAPORE, Nov. 10, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that it plans to change the ratio of its American depositary shares ("ADSs") to its Class A ordinary shares from the current ratio of one ADS representing 15 Class A ordinary shares to a new ratio of one ADS representing 375 Class A ordinary shares (the "ADS Ratio Change"), effective on or about December 4, 2026, U.S. Eastern Time (the "Effective Date"). For the Company's ADS holders, the ADS Ratio Change will have the same effect as a 1-for-25 reverse split of the ADSs. Upon the Effective Date, ADS holders will exchange every 25 ex
- PRCanaan Inc. Reports Unaudited Third Quarter 2026 Financial ResultsReceived conditional "Studied Load – Firm" classification under ERCOT's Batch Zero process for 1 GW Duval County power projectAdvanced second 1 GW Texas power project, expanding development pipelineHeld 1,875 BTC in cryptocurrency treasury[1]at quarter-endReported GAAP net income of US$8.0 million and non-GAAP adjusted EBITDA of US$22.4 millionAnnounced new US$20 million share repurchase program under US$100 million board authorizationSINGAPORE, Nov. 10, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced its unaudited financial results for the three months ended September 30, 2026. Third Quarter 2026 a
- PRCanaan Inc. to Report Third Quarter 2026 Financial Results on November 10, 2026SINGAPORE, Nov. 3, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that it plans to report its financial results for the third quarter ended September 30, 2026, before the U.S. market opens on November 10, 2026. The Company's management team will hold a conference call at 8:00 A.M. U.S. Eastern Time/9:00 P.M. Singapore Time on November 10, 2026, to discuss the financial results. Details for the conference call are as follows:Event Title:Canaan Inc. Third Quarter 2026 Earnings Conference CallRegistration Link:https://register-conf.media-server.com/register/BI3786c71c17e04a02bfe9acd7b5c61636All partic
- PRCanaan Announces Appointment of KPMG in Singapore as Independent AuditorSINGAPORE, Oct. 19, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that, effective October 19, 2026, the Company engaged KPMG LLP ("KPMG in Singapore") as the independent auditor of the Company, to replace KPMG Huazhen LLP ("KPMG Huazhen"). The change of the Company's independent auditor was made following a careful evaluation process and was approved by the Audit Committee and the Board of Directors of the Company. KPMG in Singapore has been engaged to audit and report on the consolidated financial statements of the Company for the year ending December 31, 2026."As Canaan continues to advance our
- SECSEC Form 6-K filed by Canaan Inc.6-K - Canaan Inc. (0001780652) (Filer)
- SECSEC Form 6-K filed by Canaan Inc.6-K - Canaan Inc. (0001780652) (Filer)
- PRCanaan Inc. Provides September 2026 Bitcoin Production and Mining Operation UpdatesNordic district heating project is now fully operationalTreasury now 1,875 BTC with 44 BTC mined in SeptemberSINGAPORE, Oct. 15, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today released its unaudited bitcoin mining update for the month ending September 30, 2026.Management Commentary"Bitcoin markets continued to demonstrate resilience in September, navigating macroeconomic and policy uncertainty while institutional participation remained steady. Hashprice extended its recovery from August, pointing to improving mining economics and offering a cautiously encouraging signal for the market," said Nangeng Zhang, c
- PRCanaan Inc. to Exhibit at BTCHEL Conference: Showcasing Hash-to-Heat Solutions from District Networks to Home SolutionsSINGAPORE, Sept. 24, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in computing and energy infrastructure, announced today that it will exhibit at BTCHEL, held in Helsinki, Finland, on September 25 and 26. At the event, Canaan will demonstrate how its technology helps energy providers decarbonize district heating, turning Bitcoin mining from an energy consumer into a contributor to sustainable energy infrastructure. From Hash to Heat: 8 MW Nordic District Heating Project Fully OnlineWidely recognized as a global leader in district heating, the Nordic region is recovering a growing suppl
- SECSEC Form 6-K filed by Canaan Inc.6-K - Canaan Inc. (0001780652) (Filer)
- PRCanaan Inc. Provides August 2026 Bitcoin Production and Mining Operation UpdatesSold all ETH holdings and 54 BTC near short-term highs and repurchased 13.6 million ADSs Equipment installation set to begin at Canadian compute heat recovery projectSINGAPORE, Sept. 14, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today released its unaudited bitcoin mining update for the month ending August 31, 2026. Management Commentary"August was a month of steady execution and active capital allocation for the Company," said Nangeng Zhang, chairman and chief executive officer of Canaan. "We mined 44 BTC during the month and maintained our non-JV installed hashrate at 10.05 EH/s, supported by the competitiv
- SECSEC Form 6-K filed by Canaan Inc.6-K - Canaan Inc. (0001780652) (Filer)
- SECSEC Form 6-K filed by Canaan Inc.6-K - Canaan Inc. (0001780652) (Filer)
- PRCanaan Inc. Reports Unaudited Second Quarter 2026 Financial ResultsReached a record 1,915 BTC and 3,952 ETH cryptocurrency treasury[1]Mined 243 bitcoins in the Second Quarter 2026Repurchased approximately 16.4 million ADSs for an Aggregate of US$7.4 million as of September 8, 2026SINGAPORE, Sept. 8, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced its unaudited financial results for the three months ended June 30, 2026. Second Quarter 2026 Operating and Financial HighlightsMetricsSecond Quarter 2026Key takeawaysBTC produced243 BTCContinued miningoutputCrypto treasury1,915.50 BTC / 3,951.70ETHRecord-high treasuryInstalled mining computing power (Non-JV)10.05 EH/sUp 2
- PRCanaan Inc. to Report Second Quarter 2026 Financial Results on September 8, 2026SINGAPORE, Sept. 1, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that it plans to report its financial results for the second quarter ended June 30, 2026, before the U.S. market opens on September 8, 2026. The Company's management team will hold a conference call at 8:00 A.M. U.S. Eastern Time/8:00 P.M. Singapore Time on September 8, 2026, to discuss the financial results. Details for the conference call are as follows:Event Title:Canaan Inc. Second Quarter 2026 Earnings Conference CallRegistration Link:https://register-conf.media-server.com/register/BI95b35b81eafb40488eff6d3e49635cc0All particip
- PRCanaan Inc. to Exhibit at Bitcoin Asia 2026: Company to Showcase Bitcoin Computing Solutions Across a Range of ApplicationsSINGAPORE, Aug. 25, 2026 /PRNewswire/ – Canaan Inc. (NASDAQ:CAN)("Canaan" or the "Company"), an innovator in computing and energy infrastructure, will be an exhibitor at the Bitcoin Asia conference, to be held from August 27 to 28, 2026, at the Hong Kong Convention and Exhibition Centre (HKCEC).Offering a Full-Spectrum Bitcoin Computing NetworkAt this year's edition of Bitcoin Asia, Canaan will showcase its concept of "From Enterprise to Home," demonstrating how efficient, stable, and reliable technologies enable high-quality hashrate equipment to adapt to many operating environments.From large-scale data centers to residential settings seeking low noise and heat repurposing, Canaan meets th
- SECSEC Form 6-K filed by Canaan Inc.6-K - Canaan Inc. (0001780652) (Filer)
- PRCanaan Inc. Provides July 2026 Bitcoin Production and Mining Operation UpdatesSINGAPORE, Aug. 17, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today released its unaudited bitcoin mining update for the month ending July 31, 2026. Management Commentary"July was a month of continued operational discipline as we navigated a dynamic mining environment," said Nangeng Zhang, chairman and chief executive officer of Canaan. "We mined 46 bitcoins during the period, bringing our cryptocurrency treasury to 1,917 BTC and 3,952 ETH at the month-end. Across our mining operations, our North American non-JV fleet maintained an average miner efficiency of 17.9 J/TH. Our joint venture operations continued
- SECAmendment: SEC Form SCHEDULE 13G/A filed by Canaan Inc.SCHEDULE 13G/A - Canaan Inc. (0001780652) (Subject)
- SECAmendment: SEC Form SCHEDULE 13G/A filed by Canaan Inc.SCHEDULE 13G/A - Canaan Inc. (0001780652) (Subject)
- SECSEC Form 6-K filed by Canaan Inc.6-K - Canaan Inc. (0001780652) (Filer)
- PRCanaan Inc. to Repurchase Shares Using Portion of Digital Asset TreasuryRepurchases will be executed under the Company's existing share repurchase authorizationSINGAPORE, Aug. 4, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that it has authorized its management to monetize a portion of its digital asset treasury to fund repurchases of its American depositary shares ("ADSs") under the share repurchase program authorized by its board of directors (the "Board") effective December 12, 2025. The Company may fund further repurchases using its digital asset proceeds, depending on the trading price of its ADSs, prevailing market conditions, working capital requirements, and
- SECSEC Form 6-K filed by Canaan Inc.6-K - Canaan Inc. (0001780652) (Filer)
CAN FAQ
11 questionsWhat does Canaan Inc. do?
Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final system products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China. It is also involved in the assembly of system products; and supply chain and distribution of system products. The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and datacenter operations. The company was founded in 2013 and is based in Hangzhou, the People's Republic of China.What is the latest news on CAN?
In the last 30 days Quantisnow tracked 10 wire items for CAN: 4 offerings, 3 SEC filings, 2 earnings updates and 1 13D/G filing. The most recent was published on November 10, 2026.What is CAN revenue?
Canaan Inc. (CAN) reported $529.74M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 96.7% from the year before.Is CAN profitable?
No. Canaan Inc. reported a net loss of $210.27M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does CAN have?
Canaan Inc. reported $80.78M in cash and cash equivalents and $52.25M of debt on its most recent balance sheet in SEC filings.Where does CAN stock trade?
Canaan Inc. (CAN) is listed on NASDAQ.What sector and industry is CAN in?
Canaan Inc. operates in the Finance sector, Finance: Consumer Services industry.When did Canaan Inc. go public?
Canaan Inc. (CAN) completed its IPO in 2019.What are analysts saying about CAN?
Canaan Inc. has had 8 recent analyst actions on file. The most recent action was from BTIG Research: Buy with a $3.00 price target on 2025-12-08. Recent price targets range from $1.50 to $5.00.What companies are similar to CAN?
Notable peers in the same industry include BTBT (Bit Digital Inc.), BTDR (Bitdeer Technologies Group), CORZ (Core Scientific Inc.), CIFR (Cipher Digital Inc.), EBON (Ebang International Holdings Inc.). Compare CAN side-by-side with any of them on Quantisnow.How can I track CAN on Quantisnow?
Quantisnow aggregates Canaan Inc.'s SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow CAN to receive live email and push alerts on every new disclosure.