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Canaan Inc. (CAN) is a technology company in the digital currency mining equipment industry, based in Singapore, Singapore, with about 399 full-time employees.
It reported revenue of $529.74 million for fiscal year 2025, up 96.7% from fiscal year 2024, and net income of -$210.27 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $31.86 million, down 68.2% from a year before. Mainland China was its largest region in fiscal year 2025, with 55% of revenue. Its market capitalization was $219.57 million as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
Canaan Inc. engages in the research and development, design, and sale of integrated circuits, and bitcoin mining equipment and related components. The company is involved in the assembly and distribution of mining equipment and spare parts; and mining business.
Canaan reported $529.74 million in revenue for fiscal year 2025, up 96.7% from $269.32 million in fiscal year 2024. In Q2 2026 revenue was $31.86 million.
Mainland China: 55% of revenue by region in fiscal year 2025, followed by United States of America (13%).
$219.57 million as of October 9, 2026.
Listed companies of a similar size in the same industry (digital currency mining equipment) include Nano Labs Ltd (NA), Saiheat Limited (SAIH), AGM Group Holdings Inc. (AGMH), CryptoStar Corp. (CSTXF).