Canaan Inc.
CAN · XNASCIK 1780652fmd_0SC29HN9KSYQD5G74K1588Q38MFinance, Insurance and Real Estate · Finance ServicesTemplate: Standard
Coverage: Jan 01, 2017 to Dec 31, 2025, 9 periods
| Line item | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Rental revenue | 4 | 3 | 1 | – | – | – | – |
| Total revenues | 204 | 69 | 773 | 652 | 211 | 269 | 530 |
| Cost of revenue | 278 | 63 | 331 | 421 | 452 | 354 | 489 |
| Gross profit | (74) | 6 | 442 | 230 | (241) | (84) | 41 |
| Realized investment gains (losses) | 0 | 1 | 0 | – | – | – | – |
| Research and development | 24 | 21 | 52 | 82 | 65 | 61 | 63 |
| Selling, general and administrative | 53 | 23 | 107 | 98 | 79 | 77 | 82 |
| Total operating expenses | 77 | 45 | 159 | 187 | 170 | 143 | 153 |
| Operating income | (151) | (39) | 283 | 43 | (411) | (227) | (112) |
| Interest expense | 3 | 1 | – | – | – | 1 | 2 |
| Interest and investment income | 1 | 0 | 1 | 2 | 1 | 1 | 0 |
| Other non-operating income (expense) | 4 | 5 | 1 | 3 | 2 | (5) | (0) |
| Income before taxes | (149) | (33) | 317 | 88 | (465) | (172) | (207) |
| Income tax expense | – | 0 | 8 | 18 | (51) | 77 | 3 |
| Net income from continuing operations | – | (33) | 309 | 70 | (414) | (250) | (210) |
| Net income | (149) | (33) | 309 | 70 | (414) | (250) | (210) |