Quick Answer
Canaan Inc. reported Total Revenue of $269.32 million for fiscal year 2024.
Canaan Inc. — Key Financials by Year
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Total Revenue | $269.32M +27.4% |
$211.48M -67.5% |
$651.53M -15.7% |
$772.76M +72.6% |
$447.69M -68.5% |
$1.42B -47.4% |
| Net Income | -$249.75M +39.7% |
-$414.15M -692.6% |
$69.88M -77.4% |
$309.09M +243.7% |
-$215.09M +79.2% |
-$1.03B -945.0% |
| Diluted EPS | -$6.13 +61.8% |
-$16.06 -692.6% |
$2.71 -77.4% |
$12.00 +230.9% |
-$9.17 +80.9% |
-$48.05 -876.3% |
| Total Assets | $463.01M -6.1% |
$493.30M -28.0% |
$684.96M -87.8% |
$5.63B +443.5% |
$1.04B +4.5% |
$991.43M -29.3% |
| Cash and Equivalents | — | — | — | $2.68B +586.0% |
$391.31M -24.3% |
$516.61M +99.5% |
| Long-Term Debt | $7.28M | — | — | — | — | — |
| Stockholders Equity | $266.25M -23.5% |
$348.19M -42.7% |
$607.67M +12.0% |
$542.48M +718.3% |
$66.30M -90.4% |
$692.79M +187.5% |
| R&D Expense | $61.32M -5.4% |
$64.84M -20.7% |
$81.75M +56.7% |
$52.17M -62.7% |
$140.04M -17.1% |
$168.98M -10.9% |
| Operating Income | -$227.13M +44.7% |
-$410.88M -1056.9% |
$42.94M -84.8% |
$282.97M +211.5% |
-$253.88M +75.9% |
-$1.05B -892.7% |
| Gross Profit | -$84.32M +65.0% |
-$240.78M -204.6% |
$230.29M -47.9% |
$441.76M +1069.8% |
$37.76M +107.3% |
-$516.00M -201.6% |
| Shares Outstanding | 4.61B +31.3% |
3.51B +40.8% |
2.50B -3.2% |
2.58B +10.7% |
2.33B -0.9% |
2.35B +20.6% |
- Canaan Inc. reported Total Revenue of $269.32 million for fiscal year 2024.
- Canaan Inc. showed an increase of +27.4% in Total Revenue compared to the prior fiscal year.
- Canaan Inc. reported Net Income of -$249.75 million for fiscal year 2024.
- Canaan Inc. showed an increase of +39.7% in Net Income compared to the prior fiscal year.
- Canaan Inc. reported Diluted EPS of $6.13 per share (loss) for fiscal year 2024.
- Canaan Inc. showed an increase of +61.8% in Diluted EPS compared to the prior fiscal year.
- Canaan Inc. reported Total Assets of $463.01 million for fiscal year 2024.
- Canaan Inc. showed a decrease of -6.1% in Total Assets compared to the prior fiscal year.
- Canaan Inc. reported Cash and Equivalents of $2.68 billion for fiscal year 2021.
- Canaan Inc. showed an increase of +586.0% in Cash and Equivalents compared to the prior fiscal year.
- Canaan Inc. reported Long-Term Debt of $7.28 million for fiscal year 2024.
- Canaan Inc. reported Stockholders Equity of $266.25 million for fiscal year 2024.
- Canaan Inc. showed a decrease of -23.5% in Stockholders Equity compared to the prior fiscal year.
- Canaan Inc. reported R&D Expense of $61.32 million for fiscal year 2024.
- Canaan Inc. showed a decrease of -5.4% in R&D Expense compared to the prior fiscal year.
- Canaan Inc. reported Operating Income of -$227.13 million for fiscal year 2024.
- Canaan Inc. showed an increase of +44.7% in Operating Income compared to the prior fiscal year.
- Canaan Inc. reported Gross Profit of -$84.32 million for fiscal year 2024.
- Canaan Inc. showed an increase of +65.0% in Gross Profit compared to the prior fiscal year.
- Canaan Inc. reported Shares Outstanding of 4.61 billion shares for fiscal year 2024.
- Canaan Inc. showed an increase of +31.3% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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