Quick Answer
Canaan Inc. reported Gross Profit of -$84.32 million for fiscal year 2024.
Canaan Inc. Gross Profit — Annual History
| Fiscal Year | Gross Profit | YoY Change |
|---|---|---|
| 2024 | -$84.32M | +65.0% |
| 2023 | -$240.78M | -204.6% |
| 2022 | $230.29M | -47.9% |
| 2021 | $441.76M | +1069.8% |
| 2020 | $37.76M | +107.3% |
| 2019 | -$516.00M | -201.6% |
| 2018 | $508.12M | -15.9% |
| 2017 | $604.38M | — |
- Canaan Inc. showed an increase of +65.0% in Gross Profit compared to the prior fiscal year.
- Over the 2017–2024 period, Canaan Inc.’s gross profit has declined by 114.0% (from $604.38 million to -$84.32 million).
- The most recent figure is from Canaan Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 18, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: