Canaan Inc.

CAN · NASDAQ
Analyze with AI
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$269,324$211,477$651,526$771,139
% Growth27.4%-67.5%-15.5%
Cost of Goods Sold$353,644$452,257$424,336$330,310
Gross Profit-$84,320-$240,780$230,287$440,829
% Margin-31.3%-113.9%35.3%57.2%
R&D Expenses$61,323$64,845$82,356$52,062
G&A Expenses$71,691$71,249$88,734$90,867
SG&A Expenses$77,399$79,424$97,715$106,387
Sales & Mktg Exp.$5,708$8,175$9,413$15,520
Other Operating Expenses$4,088$25,832$7,279$333
Operating Expenses$142,810$170,101$187,350$158,783
Operating Income-$227,130-$410,881$42,937$282,380
% Margin-84.3%-194.3%6.6%36.6%
Other Income/Exp. Net$54,861-$54,612$45,397$34,455
Pre-Tax Income-$172,269-$465,493$88,334$316,835
Tax Expense$77,483-$51,340$18,450$7,749
Net Income-$249,752-$414,153$69,884$308,437
% Margin-92.7%-195.8%10.7%40%
EPS-0.92-2.40.411.8
% Growth61.7%-685.4%-77.2%
EPS Diluted-0.92-2.40.411.8
Weighted Avg Shares Out271,492171,919171,916171,714
Weighted Avg Shares Out Dil271,492171,947171,859171,744
Supplemental Information
Interest Income$536$956$2,372$1,133
Interest Expense$521$0$0$0
Depreciation & Amortization$28,416$59,641$33,937$2,184
EBITDA-$143,332-$330,114$76,874$285,163
% Margin-53.2%-156.1%11.8%37%
Canaan Inc. (CAN) Financial Statements & Key Stats | AlphaPilot