Similar companies
Income Statement (NONE)
| Q4 '25 | QoQ | |
|---|---|---|
| Revenue | 196M | 30.3% |
| Gross Profit | 15M | 12.4% |
| Cost of Revenue | 182M | 35.6% |
| Operating expense | 38M | 3% |
| Net Income | -85M | 206.1% |
| EBITDA | -69M | 437.2% |
Balance Sheet (NONE)
| Q4 '25 | QoQ | |
|---|---|---|
| Total Assets | 603M | 10% |
| Total Liabilities | 166M | 42.9% |
| Total Equity | 437M | 15.1% |
| Shares Outstanding | 634M | 22.2% |
Cash Flow (NONE)
| Q4 '25 | QoQ |
|---|
EPS
Financial Highlights for Canaan in Q4 '25
Canaan reported a revenue of 196M, which is a 30.3% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 15M, marking a -12.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 182M, a 35.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 38M, showing a -3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -85M, showing a -206.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -69M, showing a -437.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Canaan faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
